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64-66 Swift Street, South Burlington, VT, 05403

4beds
2baths
1,996sqft
$595,000
$298price/sqft
$4,096/moest. monthly cost
$163,840/yrincome needed

About This Home

Positioned for immediate income with long-term upside, this turn-key South Burlington duplex offers an attractive opportunity for investors, owner-occupants, or buyers seeking a flexible real estate and business asset. The property includes two separately metered, 2-bed, 1-bath units with reliable, long-term tenants already in place and convenient access to I-89, Burlington, UVMMC, local colleges, shopping, dining, and public transportation. The 1,000+ square foot lower unit (#64) offers two spacious bedrooms, a comfortable living layout, a dedicated mudroom with laundry hookups, and direct access to the full unfinished basement for additional storage (exterior basement access from backyard). This unit also includes a sunny rear deck overlooking the large fenced backyard. Improvements include new carpet installed in 2019, along with a newer stove, refrigerator, interior paint, exterior door, and deck repairs. The upper unit (#66) offers two bedrooms, one bathroom, and an efficient layout. Recent updates include new vinyl plank flooring (2024) and a newer refrigerator. Both units benefit from newer hot water tanks (within past 5 years) and hardwired smoke and carbon monoxide detectors (June, 2025). Public water, public sewer, natural gas heat, separate gas and electric meters, and off-street parking support efficient ownership and management. With both units currently rented on month-to-month agreements, the property provides established income while maintaining flexibility for future planning. Located within South Burlington’s Higher Scale Mixed Use zoning district, the property may offer additional long-term potential, including possible added residential units or future office use, pending City approval. Whether held as an excellent rental, owner-occupied, or explored as a broader business or redevelopment opportunity, this exceptional property with a strong cap rate offers multiple paths to building value.

Getting Around

58
WalkingSomewhat Walkable
31
TransitSome Transit
80
BikeVery Bikeable

Schools

9/10
Orchard SchoolGrades PK-50.4 mi
10/10

Construction

Condition

  • Year built: 1950

Materials

  • Foundation: Block,Stone w/ Skim Coating
  • Roof: Shingle
  • Construction materials: Wood Frame,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Natural Gas Water Heater,Owned Water Heater,Tank Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Exterior Stairs,Interior Stairs,Storage Space,Unfinished,Interior Access,Exterior Entry,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Laminate,Vinyl Plank
  • Finished area below ground: 0
  • Finished area above ground: 1,996

Heating & Cooling

  • Heating features: Natural Gas,Baseboard
  • Cooling features: None

Interior Area

  • Total structure area: 2,796
  • Total interior livable area: 1,996 sqft

Property

Details

  • Zoning description: Higher Scale Mixed Use
  • Exclusions: Washer and dryer in unit 64

Features

  • Levels: Two
  • Exterior features: Deck,Garden,Natural Shade
  • Fencing: Partial
  • Frontage length: Road frontage: 59

Lot

  • Lot size: 9,583 sqft
  • Features: Curbing,Landscaped,Sidewalks,In Town,Near Paths,Near Shopping,Near Public Transit

Parking

  • Total spaces: 4
  • Parking features: Shared Driveway,Paved,Driveway,Off Street,On Site,Parking Spaces 4,Unassigned
  • Has uncovered spaces: Yes