21 Hyde Street, Burlington, VT 05401

• 4 baths |
• 5,305 sqft

Property Description

A fantastic investment opportunity awaits within the walls of this well maintained and beautifully located four unit property. 16 Total bedrooms with a history of being rented for $1,100 per bedroom and coin operated washers and dryers bringing in a gross income of over $213,000 annually. Due to it's nice condition, the property is easily maintained with minimal regular maintenance required netting an annual return of roughly $162,000 or a 8.10% CAP rate, above the market average. Several of the units have been updated and the property features porches and decks, hardwood floors, desirable floorplans, newer mechanicals, and more! Recent improvements such as: siding, windows, appliances, interior remodeling, and, roof work. This is an ideal rental for all with an incredible commute. Roughly half a mile to Burlington's Church Street and the same distance to UVM's main Campus, and not much further from UVM Medical. Built on 0.39 acres the lot has ample parking space and for your future vision.

Listing Status:

Active

Date Added:

June 19, 2026

Data Last Updated:

June 20, 2026 at 9:59PM

Listing Office:

RE/MAX North Professionals : 802-655-3333

Listing Agent:

Mikail Stein : 802-861-6248 : mikail@thefuturegroupvt.com

MLS ID:

5095783

Interior

• Appliances: Domestic Water HeaterNatural Gas Water HeaterOwned Water HeaterTank Water Heater
• Basement: Unfinished
• Flooring: CarpetLaminateVinylWood
• A/C: None
• Heating: Natural GasBaseboardHot AirOtherRadiatorBoiler

Exterior

• General: Natural ShadeCovered PorchEnclosed PorchWindow ScreensDouble Pane Window(s)
• Style: Multi-Family
• Parking: DrivewayGarageOff StreetParking Spaces 11 - 20

Construction

• Roofing: ShingleSlate
• General: Clapboard ExteriorVinyl ExteriorBrickConcreteStone

Location

• Road/Access: Public
• School District: Burlington School District
• County: Chittenden

Lot

• Driveway: Dirt
• Zoning: rez

Utilities

• Utilities: Other
• Water: Public
• Sewer: Public