290-292 North St

Burlington, VT 05401

$699,000
Price
6
Beds
2,766 Sq. Ft.
$253 / Sq. Ft.
2,766
Sq. Ft.
$253
per Sq. Ft.

Description

Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage!...Enjoy a 7.7% cap rate on this well-Maintained Investment Property in a Prime Burlington Location. This 4-unit multifamily property includes two spacious two-bedroom units and two one-bedroom units. The two-bedroom units are occupied by long-term tenants on month-to-month status, with rents currently below market—offering strong upside potential. A one bedroom unit will be available starting Feb 1, making this a perfect owner occupied opportunity letting the income from the other units pay your mortgage! Recent upgrades include new boilers and hot water tanks installed in 2023. The building is clean, with coin-operated laundry and tenant storage areas. Tenants enjoy the convenience of off-street parking, nearby public transportation, and a location just minutes from the University of Vermont, UVM Medical Center, and downtown Burlington. A solid investment with stable income and room for growth. Seller is licensed Broker
  1. Listed by Paul Cannizzaro • Cannizzaro Real Estate

Property Details for 290-292 North Street

Zoning
Res Med density
LISTING UPDATED: 01/06/2026 03:35 PM

Property Details for 290-292 North Street

StatusActive
MLS #5073153
Days on Market2
Taxes$12,426 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1899
Lot Size0.15 AC / 6,534 SF
CountyChittenden County

Location

Listing Courtesy of Cannizzaro Real Estate
Add your commute

Building Information for 290-292 North Street

Stories2Residences4Year Built1899Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$4,442 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,407

Property Taxes

$1,036

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 290-292 North Street

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Directions: North Union to left on North Street, first property on Right.
  • Latitude: 44.484994654316800
  • Longitude: -73.210159542327887
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-15155
  • Tax Year: 25
  • Tax Year Notes: 25-26
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot Features: City Lot, Near Public Transportatn
  • Lot Size Acres: 0.15
  • Road Frontage Length: 61.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1899
Utilities
  • Electric Company: BED
  • Cable Company: Choice
  • Fuel Company: Vt Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available, Underground Gas
  • Total Gas Meters: 4
  • Total Electric Meters: 5
  • Internet: Cable Internet
Interior and Exterior Features
Exterior Features
  • Color: White
  • Construction Materials: Wood Frame
  • Roof: Architectural Shingle
  • Total Ranges: 4
Interior Features
  • Appliances: Electric Water Heater, Water Heater off Boiler, Owned Water Heater
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Bulkhead, Concrete Floor
  • Total Full Baths: 4
  • Flooring: Carpet, Vinyl
  • Heating: Natural Gas
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 2
  • Total Water Heaters: 2
  • Trash: Dumpster
Multi Family
Income & Expenses Information
  • Gross Income: $76,800.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $10,434
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 2
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 0
  • Total Heat Units: 4
Unit Information
Unit 1
  • Unit 1 Style: flat
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Lease Term: Annual
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rooms: 3
  • Unit 1 Rental Amount: $1,500.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
  • Unit 1 Info: Appliances Included, Dishwasher, Natural Gas Heat, Porch, Electric Range, Refrigerator, Smoke Detector, Water Heater
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Style: flat
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,500.00
  • Unit 2 Info: Appliances Included, Natural Gas Heat, Porch, Electric Range, Refrigerator, Smoke Detector
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 4
  • Unit 3 Level Number: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Month to Month
  • Unit 3 Style: flat
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,750.00
  • Unit 3 Info: Appliances Included, Natural Gas Heat, Porch, Electric Range, Refrigerator
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 2
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Style: flat
  • Unit 4 Rooms: 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $1,650.00
  • Unit 4 Info: Appliances Included, Natural Gas Heat, Screened Porch, Electric Range, Refrigerator
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water
Rental
Rent Information
  • Total Leases: 4

Property History for 290-292 North Street

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Listed (Active)

New England Real Estate Network #5073153

$699,000—
Jan 1, 2026

Expired

New England Real Estate Network #5050952

—
Jul 10, 2025

Listed (Active)

New England Real Estate Network #5050952

$750,000—
DateEvent & SourcePrice
01/06/2026

Listed (Active)

New England Real Estate Network #5073153

$699,000
01/01/2026

Expired

New England Real Estate Network #5050952

—
07/10/2025

Listed (Active)

New England Real Estate Network #5050952

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 290-292 North Street

Taxable ValueLand$275,600Additions$250,200Total$525,800
Tax Record2022$11,110 ($926 / month)
Home Facts
Total Finished SqFt2,766 SqFtAbove Grade Finished SqFt2,766 SqFtStories2Lot Size6,970 SqFtStyleMulti-Family Res (5+ Units)Year Built1899ZoningRMCountyCHITTENDENAPN(035) 044-3-179-000

Schools near 290-292 North Street

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Edmunds Elementary School
Public - PK to 5
Edmunds Middle School
Public - 6 to 8
Burlington Senior High School
Public - 9 to 12
Burlington Technical Center
Public - 9 to 12
Rating
School
Distance
Edmunds Elementary School
PublicPK to 5

Edmunds Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 290-292 North Street, Burlington, VT 05401

290-292 North Street is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on January 6, 2026 by Cannizzaro Real Estate, it's currently listed at $699,000. This listing's school district is Burlington School District. Nearby schools include Edmunds Elementary School, Edmunds Middle School and Burlington Senior High School. 290-292 North Street is a 6-bed, 4-bath, 2,766 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cannizzaro Real Estate

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 01/08/2026 05:08 AM