21 Hyde Street, Burlington, VT, 05401
About This Home
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 9% 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.
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1899
Materials
- Foundation: Brick,Concrete,Stone
- Roof: Shingle,Slate
- Construction materials: Clapboard Exterior,Vinyl Exterior
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Domestic Water Heater,Natural Gas Water Heater,Owned Water Heater,Tank Water Heater
Basement
- Has basement: Yes
- Basement: Unfinished,Walk-Up Access
Bedrooms & Bathrooms
- Bedrooms: 16
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Screens,Double Pane Windows
- Flooring: Carpet,Laminate,Vinyl,Wood
- Finished area below ground: 0
- Finished area above ground: 4,289
Heating & Cooling
- Heating features: Natural Gas,Baseboard,Hot Air,Other,Radiator,Boiler
- Cooling features: None
Interior Area
- Total structure area: 5,305
- Total interior livable area: 4,289 sqft
Property
Details
- Parcel number: 11403515572
- Zoning description: rez
Features
- Levels: Two
- Patio & porch: Covered Porch,Enclosed Porch
- Exterior features: Natural Shade
Lot
- Lot size: 0.39 Acres
- Features: Sidewalks,Street Lights,In Town,Near Shopping,Neighborhood,Near Hospital,Near School(s)
Parking
- Total spaces: 2
- Parking features: Dirt,Driveway,Garage,Off Street,Parking Spaces 11 - 20
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
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
- Heat Wave
- 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 | $9,860 | $118,320 |
| Home Insurance | $356 | $4,272 |
| Property Taxes | $0 | $0 |
| Electricity | $545 | $6,547 |
| Total | $10,761 | $129,132 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $1,800,000 |
| 2026-07-14 | Price change | $1,950,000 |
| 2026-06-19 | Listed for sale | $2,000,000 |
| 2023-02-03 | Listing removed | -- |
| 2022-12-28 | Listed for rent | $200 |
| 2022-12-09 | Sold | $1,450,000 |
| 2022-11-09 | Contingent | $1,590,000 |
| 2022-08-31 | Listed for sale | $1,590,000 |
| 2016-12-10 | Listing removed | $2,800 |
| 2015-09-21 | Listing removed | $998,000 |
| 2014-08-12 | Listing removed | $512 |
| 2014-08-09 | Listed for rent | $512 |
| 2014-03-13 | Listed for sale | $998,000 |
| 2013-12-18 | Listing removed | $1,009,000 |
| 2013-09-05 | Price change | $1,009,000 |
| 2013-02-20 | Price change | $1,042,750 |
| 2012-10-11 | Listed for sale | $1,075,000 |
| 1999-02-22 | Sold | $245,000 |
| 1987-10-05 | Sold | $153,000 |
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