Located in the heart of downtown Burlington, this four-unit multi-family property presents a rare value-add opportunity in a highly desirable rental market. The building consists of four separate rental units and offers strong upside potential for investors or owner-occupants looking to renovate and reposition. The property is in need of maintenance and updates, providing the chance to increase rents and long-term value through improvements. Just steps from downtown amenities, dining, shopping, and public transportation, this location supports consistent rental demand. A solid opportunity for those seeking a project in one of Burlington's most sought-after neighborhoods.

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Tax Information

Tax Year2025

Building

Year Built1899
Building ConstructionWood Frame, Clapboard Exterior
StyleMulti-Family
Units4
Unit 1 Bath1
Unit 1 Bedrooms1
Unit 1 Floor Location1
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location1st Floor
Unit 2 StyleStudio Apartment - 27B
Unit 2 Total Rooms2
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location1st Floor
Unit 3 StyleApartment - 27
Unit 3 Total Rooms5
Unit 4 Bath1
Unit 4 StyleSecond Floor - 29
Unit 4 Total Rooms5
# of 1 Bedrooms3
# of 3+ Bedrooms1
Bathroom4
Total Baths4
BasementCrawl Space, Full, Interior Stairs, Unfinished
FoundationBelow Frost Line, Block, Stone

Basic Information

StatusACT
List Price$489,000
Date Price Change02/25/2026
MLS Number5077455
MLS StatusActive

Property

Acreage0.13
GarageNo
Parking Spaces
Lot DescriptionCity Lot, Landscaped, Rental Complex, Sidewalks
Square Feet2,914
APX Fin AG Sqft2,914
RoadsPaved, Public
AreaVT-Chittenden

Utilities

Heat SystemDirect Vent, Hot Air, Gas Stove
WaterPublic
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesOther

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
Zoningres
Elementary SchoolIntegrated Arts Academy
Junior HighEdmunds Middle School
High SchoolBurlington High School
Address27-29 Lafountain Street
Flood Zone Y/NNo

Interior

FloorsBamboo, Hardwood, Softwood, Vinyl

Exterior

RoofMembrane, Slate
Exterior ColorYellow

Amenities

Exterior Amenities
- Covered Porch
- Enclosed Porch
- Partial Fence
- Patio
- Shed
- Storm Window(s)
- Window Screens
PricePerSqFt167.81

Other

Taxes$15,394.52
Seasonal Y/NNo
Date Listed02/25/2026
Unit 1 Deposit$1,250
Unit 2 Rent Amount$950
Unit 3 Rent Amount$1,450
Unit 4 Rent amount$2,500

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 March 9, 2026 11:43 PM EDT

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