52 Isham ST, Burlington, VT 05401
52 Isham ST, Burlington, VT 05401
52 Isham ST, Burlington, VT 05401
51
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Listed by Geri Reilly • Geri Reilly Real Estate
$774,900
Est. payment /mo
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7 Beds
3 Baths
2,619 SqFt
Under Contract

52 Isham ST Burlington, VT 05401

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Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,619 sqft

Price per Sqft $295

MLS Listing ID 5076311

Bedrooms 7

Full Baths 3

Construction Status Existing

Year Built 1906

Annual Tax Amount $11,455

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Description

Well-maintained and thoughtfully updated three-unit property in a prime Burlington rental location, offering strong income performance and long-term appeal. The building features two spacious three-bedroom units and a newly created one-bedroom apartment on the third floor. Units are currently at or near market rents and operating at an approximate 9% cap rate—without the need for rent increases! First floor unit is rented through May 2027, Second floor unit is leased through May 2026. Both units have seen meaningful improvements, including an upgraded bathroom in the first-floor unit, an expanded kitchen in the second-floor unit, a newer hot water tank, as well as an extended rear stairway and roofline. The third floor has been fully transformed from unfinished storage into a modern one-bedroom apartment featuring a new kitchen, tiled shower bath, spray-foam insulation, energy-efficient lighting, mini-split heating and cooling, and integrated smart-home systems controlling climate, lighting, built-in speakers, music, and security. This unit is currently vacant, allowing flexibility for an owner-occupant or the opportunity to lease a brand-new apartment at prevailing market rates. Additional features include shared laundry and a newly installed full-building fire sprinkler system for safety. Situated in a high-demand location between UVM and Church Street, this is a compelling opportunity for investors, owner-occupants, or parents seeking housing for their college-age children.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning Residential - Medium

Rooms

Basement Entrance Walk-up

Basement Concrete Floor, Exterior Access, Exterior Stairs, Storage Space

Interior

Cooling Mini Split

Flooring Hardwood, Vinyl

Exterior

Garage Spaces 1.0

Utilities Available Cable Available, Telephone Available

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Slate,Standing Seam

Building

Story 3

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

High Schools Burlington High School

School District Burlington School District


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Trevor Ainsworth

Trevor Ainsworth

Agent | License ID: 082.0007328

+1(802) 598-5595

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52 Isham ST