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$639,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 3 Units
  • 0.04 Acres
  • Updated 2 days ago
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Exceptional investment opportunity in one of Burlington's most desirable locations! This well-maintained triplex is just a few blocks from downtown, Church Street Marketplace, the Lake Champlain waterfront, and the vibrant South End Arts District. The property offers three 2-bedroom, 1-bathroom apartments for a total of 6 bedrooms and 3 bathrooms. The rear townhouse-style apartment (Unit C) was extensively remodeled in Spring 2026 with a brand-new kitchen, new flooring, and fresh paint, plus it is currently vacant - making it an ideal option for an owner-occupant or an investor seeking market-rate rent. Unit B has also been updated in recent years, while Units A and B are fully rented. With projected rental income for Unit C, the property offers an attractive 7.9% cap rate. Additional features include separate utilities, one off-street parking space, and ample bike storage. Whether you're a seasoned investor looking to expand your portfolio, a first-time landlord, or a buyer seeking to offset ownership costs by living in one unit while collecting rental income from the others, this property offers flexibility, strong income potential, and an unbeatable Burlington location close to restaurants, shopping, parks, entertainment, and more.

Full Property Details for 214-216 Pine St

General

  • Price: $639,000
  • Taxes: $9,500 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 5094424
  • Updated: 6/12/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease Terms: Unit1=Annual, Unit2=Annual,

Interior

  • Flooring: Carpet, Laminate, Vinyl Plank

Exterior

  • Exterior Features: Balcony
  • Color: White

Parking

  • Parking: Parking Spaces 1

Location

  • County: Chittenden
  • Driving Directions: Near intersection of Maple & Pine. East side of Pine Street.

School Information

  • School District: Burlington School District

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Direct Vent
  • Furnaces: 3
  • Water Heaters: 3

Utilities

  • Sewer: Public
  • Separate Meters: Varies
  • # Gas Meters: 3
  • # Electric Meters: 3

Structural Information

  • Construction Status: Existing
  • Basement: Yes
  • Basement Entrance: Walk-up
  • Basement Desc.: Crawlspace, Unfinished, Exterior Access
  • Roof: Asphalt Shingles
  • Stories/Levels: 2
  • Finished Total: 1,772 Sq. Ft.
  • Finished Above Grnd: 1,772 Sq. Ft.
  • Year Built: 1899

Unit Information

  • 2 Bedroom Units: 3
  • Units w/Refrigerators: 3
  • Units w/Range/Oven: 3

Unit 1

  • Unit Description: Flat
  • Level: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Flat
  • Level: 2
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Townhouse
  • Level: 1-2
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,742
  • Frontage: TBD
  • Driveway/Sidewalk: Dirt
  • Zoning: Res-High Intensity

Financial Considerations

  • Price Per Sq. Ft.: $360.61
  • Tax Amount: $9,500.44
  • Tax Year: 2025

Disclosures and Reports

  • APN: 114-035-17167

Listed by Coldwell Banker Hickok and Boardman, Lipkin Audette Team

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Listed by Coldwell Banker Hickok and Boardman, Lipkin Audette Team

Listing agent

— 214-216 Pine St —

  • Lipkin Audette Team

    Coldwell Banker Hickok and Boardman

Phone: 802-846-8800

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 214-216 Pine St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2026
Listed
$639,000
2.24%
MLS
10/14/2022
Sold
$625,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 214-216 Pine St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,716
14%
$402,000
—
2022
$8,494
-4%
$402,000
—
2021
$8,848
—
$402,000
29%
2021
$8,848
-3%
$310,500
—
2019
$9,088
4%
$310,500
—
2018
$8,728
6%
$310,500
—
2017
$8,270
2%
$310,500
—
2016
$8,081
4%
$310,500
1%
2015
$7,803
1%
$306,000
—
2014
$7,706
—
$306,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Coldwell Banker Hickok and Boardman, Lipkin Audette Team

214-216 Pine Street, Burlington, VT 05401 (MLS# 5094424) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 214-216 Pine Street is currently listed for $639,000 and was received on June 12, 2026. Want to learn more about 214-216 Pine Street? Do you have questions about finding other Multi-Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.

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