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Lynne McGrath
REALTOR®
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198-200 King Street, Burlington, VT 05401

$1,325,000
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Active
BEDS9 BATHS6 full SQUARE FEET4,773 MLS#5082429
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Coldwell Banker Hickok and Boardman
Agency Contact: Phone: 802-846-8800
Associate Name: Lipkin Audette Team
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Property Description

Well-located, 6-unit, brick multi-family property just moments from the Church Street Marketplace, with immediate access to downtown Burlington's coveted retail, dining, and employment hubs. The desirable apartment mix includes five 1-bedroom apartments and one 4-bedroom unit, offering flexibility across tenant profiles and strong rental demand! Recent capital improvements include updated electrical systems with separate panels for each unit. Tenants pay their own heat and electricity for low owner's operating expenses. Additional features include front and rear porches, a large full basement for storage, and a current Certificate of Occupancy from the City valid through 2031. A centrally located, turn-key multi-family with long-term potential in Burlington's core rental market.

198-200 King Street | MLS# 5082429

This multi-family property located at 198-200 King Street, Burlington, VT 05401 is currently listed for sale with an asking price of $1,325,000. Search Burlington real estate on lynnemcgrath.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Natural Gas, Space Heater
Home Style: Multi-Family
Lot Size: 0.08 Acres
Roof Type: Slate
Stories: 2.5
Taxes: $12,312
Year Built: 1915

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $1675.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1500.00
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1600.00
Unit 5:
Bathroom(s): 1
Bedrooms: 4
Rent: $3700.00
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $1475.00

Feature Descriptions

Construction: Wood Frame
Construction Status: Existing
Days on Site: 15
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame
Flood Zone: Unknown
Foundation: Brick, Stone
Foundation: Brick, Stone
Lot: City Lot
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 4773
Total Stories: 2.5
Units: 6
Water: Public
Zoning: RH

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Hickok and Boardman
Agency Contact: Phone: 802-846-8800
Agent Name: Lipkin Audette Team

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Shown By

Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 4,361.33 per month $2,948.88 Principal & Interest $1,026.00 Property Tax $386.46 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/22/2026. The listing information on this page last changed on 04/22/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/22/2026 9:04:24 PM EST) or MLSPIN MLS (last updated Wed 04/22/2026 8:58:40 PM EST) or Prime MLS (last updated Wed 04/22/2026 8:57:37 PM EST) or MREIS (last updated Wed 04/22/2026 8:55:31 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data compilation and photo(s) 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 2026-04-22 20:57:37

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