New roof just installed in 2026! Prime investment opportunity in downtown Burlington with an impressive 11.2% cap rate. This mixed-use building features six fully remodeled apartment units and two commercial spaces, all currently occupied, offering reliable income. Burlington is experiencing unprecedented demand for rentals due to an influx of wind energy and gas pipeline employees relocating to the area. The current owner has completed extensive updates over the past three years, including remodeling all apartment units, installing new energy-efficient mini-split HVAC systems, replacing the commercial hot water heater with a WiFi-monitored system, and making numerous other property improvements. A brand-new roof was installed in 2026, adding tremendous value and durability. Additional income is generated through a coin-operated laundry facility conveniently located on the second floor. This turnkey property is a fantastic opportunity for investors looking to expand their portfolio in a high-demand rental market.
Contact the listing agent today to schedule a private viewing. Please do not disturb tenants.