18 Park Street, Burlington, VT, 05401
About This Home
Buyer Opportunity: Well-Located 10-Unit Investment with Strong Cash Flow & 9%+ Cap Rate. Rare opportunity to own a 10-unit multi-family property in one of Burlington's most sought-after downtown locations, directly across from Battery Park and moments from the waterfront, bike path, Church Street, restaurants, and downtown employers. The property includes two buildings with a strong unit mix made up of highly desirable and easy-to-rent 1-bedroom and studio apartments - layouts that continue to see consistent demand from tenants seeking downtown living with ample parking! The front brick building contains 4 distinctive apartments, while the rear building offers 6 single-level apartments with straightforward layouts. Well-maintained with fresh paint and tenants paying heat and electric, this property offers easy-to-rent apartments with laundry and a strong cash return in a premier Burlington location!
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1845
Materials
- Foundation: Brick,Concrete Slab,Stone
- Roof: Shingle,Slate
- Construction materials: Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Unfinished,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Features
- Finished area below ground: 0
- Finished area above ground: 5,017
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 7,003
- Total interior livable area: 5,017 sqft
Property
Details
- Parcel number: 11403514995
- Zoning description: RH
Features
- Levels: Two
Lot
- Lot size: 9,148 sqft
- Features: City Lot
Parking
- Parking features: Paved
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,053 | $84,636 |
| Home Insurance | $255 | $3,060 |
| Property Taxes | $0 | $0 |
| Electricity | $638 | $7,658 |
| Total | $7,946 | $95,352 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-05 | Pending sale | $1,395,000 |
| 2026-06-26 | Price change | $1,395,000 |
| 2026-05-13 | Listed for sale | $1,450,000 |
| 2021-03-24 | Listing removed | -- |
| 2019-01-10 | Listing removed | $1,090 |
| 2019-01-06 | Listed for rent | $1,090 |
| 2018-07-17 | Listing removed | $1,090 |
| 2018-07-13 | Listed for rent | $1,090 |
| 2006-05-01 | Sold | $184,900 |
For Sale by Agent
View on Zillow