1 day on Rocket
#5052748, Smith Macdonald Group, Listing office: Coldwell Banker Carlson Real Estate
#5052749·
Listing office: Coldwell Banker Carlson Real Estate·
Listing agent: Smith Macdonald Group·
Listing office phone: 802-253-7358
$3,195,000 List price
21-25 Elmwood Ave Burlington, VT 05401
9,987 sqft
0.3 acres
$320 / sqft
Land
Property details
About 21-25 Elmwood Ave
A 19-unit multi-family property in the heart of downtown Burlington, adjacent to the Federal Building/Post Office and within a block of Church Street, holds immense value due to its prime location. The consistent lack of vacancies speaks volumes about the desirability of these units, indicating a strong demand from potential tenants. The property's composition, including a stand-alone single-family 3-bedroom carriage house and the main building with 18 units (one used as a maintenance office), offers diversity and potential for different rental strategies. Moreover, the recent updates, such as the new boiler and hot water tanks, demonstrate a commitment to maintenance and modernization, making the property even more attractive to potential buyers. Given the scarcity of properties of this size and caliber in such a prime location, this opportunity could be highly sought-after by investors looking to capitalize on a stable, income-generating asset in downtown Burlington. Already over an 8% cap rate with easy room for improvement.
Highlights
Home typeOther
HeatingNatural Gas, Electric, Hot Water
StatusActive
Size9,987 sqft
BasementYes
Lot size0.26 Acres
Year built1900
MLS #5052749
Summary
- Basement: Yes
- Heating: Natural Gas, Electric, Hot Water
- Cooling: None
- List Price: $3,195,000
- Price/SqFt: $319
- Annual Tax Amount: $58,737
- Tax Year: 2023
- Year Built: 1900
- Stories: 3
- Living Area: 9,987 SqFt
- Lot Size: 0.26 Acres
- MLS Number: 5052749
- Office Name: Coldwell Banker Carlson Real Estate
- Office Phone: (802) 253-7358
- Office Email: info@carlsonrealestatestowe.com
- Listing Agent: Smith Macdonald Group
© Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site 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.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,779,800 | $58,737 |
| 2022 | $2,784,600 | $58,737 |
| 2021 | $2,784,600 | $60,506 |
History based on county public records data.
Nearby schools
3
Sustainability Academy
Public Magnet PK-5
0.3 mi
•123 North St
5
Edmunds Elementary School
Public District KG-5
0.5 mi
•299 Main St
2
Integrated Arts Academy
Public Magnet PK-5
0.5 mi
•6 Archibald St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,083. Residents of Burlington, VT typically earn less than $<35k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
68%
<35k
30%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
77%
Single, No Kids
10%
Single, with Kids
6%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
4%
12-17 yrs old
47%
18-34 yrs old
28%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Soccer
Figure Skating
Where do the neighbors shop?
Express/Express For Men
Forever 21
Family Dollar
Where do the neighbors go to eat?
Starbucks
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Pontiac
Mazda
Cadillac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 21-25 Elmwood Ave
The listing price of 21-25 Elmwood Ave property is $3,195,000.
The property 21-25 Elmwood Ave is land located in Burlington, Vermont, 05401.
Active Listing: 21-25 Elmwood Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 21-25 Elmwood Ave are: Sustainability Academy (GreatSchools Rating 3/10), Edmunds Elementary School (GreatSchools Rating 5/10), Integrated Arts Academy (GreatSchools Rating 2/10), Edmunds Middle School (GreatSchools Rating 5/10), Winooski Middle School (GreatSchools Rating 1/10), Frederick H. Tuttle Middle School (GreatSchools Rating 7/10), Burlington High School (GreatSchools Rating 5/10), Winooski High School (GreatSchools Rating 1/10), South Burlington High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $58,737 (source: MLS/based on county public records data).
The property 21-25 Elmwood Ave is 0.26 acres.
The property 21-25 Elmwood Ave is 9,987 SqFt (source: MLS/tax record).
The year of construction for 21-25 Elmwood Ave is 1900.
This home is located at 21-25 Elmwood Ave in Burlington, VT and zip code 05401 in the Old North End neighborhood. This 9,987 square foot home, which was built in 1900, sits on a 0.26 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 22, 2025 and is currently priced at $3,195,000.
While more than 17 listings in Burlington, VT in June 2025 were sold above asking price, there were more than 5 listings sold at asking price, and more than 11 were sold below. The number of homes for sale in Burlington, VT increased by 20.2% between May and June 2025.
From Rocket Homes Real Estate and based on county public records data.