155 Maple St · Burlington, VT 05401

$709,500

16 bd · 4.0 ba · 2,132 sqft · MultiFamily public records · 116 Days on market

Built 1920 Fair condition 2,178 sqft lot $333/sqft · 12% below area Est $808k · 12% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +13.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.5/10.0
• Schools +5.1/10.0
• Livability +3.7/5.0
• Rent growth +2.6/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

155 Maple Street is a well-located, 4-unit multi-family property near the waterfront, bike path, and Church Street. Fully leased through June 2027, with tenants paying heat and electricity. Units feature hardwood floors and many recent updates including the kitchens and baths.

Key facts

• Near the waterfront
• Recent updates
• Hardwood floors

Tags

• MULTI-FAMILY PROPERTY
• NEAR THE WATERFRONT
• BIKE PATH
• HARDWOOD FLOORS
• RECENT UPDATES

What this means for you Summary

Snapshot

• This is a 4 × 4-bed/4.0-bath units multifamily listed at $710k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $3k ($40k/yr) — positive. Per door: $836/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($10k rent vs $710k).
• Recommended offer: $646k (9.0% below list) — sets the bar for market timing.
• Cap rate 12.0% vs local median 3.6% in Burlington — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#19 in VT, #4,619 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, health & safety A+, employment B; Watch: cost of living D, crime F, amenities F.
• Zoned schools: Edmunds Elementary School (math 42% / reading 57%, grade D, #50 of 192 statewide, top 32%, 228 students, 53% FRL); Lyman C. Hunt Middle School (math 34% / reading 47%, grade F, #13 of 26 statewide, top 52%, 337 students, 49% FRL); Burlington High School (math 42% / reading 57%, grade D, #8 of 48 statewide, top 15%, 987 students, 48% FRL).
• Market conditions: Rents flat; 189 active listings in the ZIP; 898 units permitted in Chittenden County in 2024 (554 in 5+ unit buildings).
• At $2,567/mo per unit this rent would consume 47% of the median local household income ($66k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $21k of value loss. Plan a longer hold.
• Chittenden County population projected at +8% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 0.5% rent growth), your $199k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 116 days — a 9% lower offer ($646k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 3y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $300k; list at $710k implies a 136% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $645,645 (9.0% below list)

Questions for the listing agent

1. It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
9. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.45% ✓
• Cap rate: 11.95%
• Cash-on-cash: 20.20%
• DSCR: 1.90
• GRM: 5.8

CMA / ARV

• ARV (median comp): $807,601
• List price: $709,500
• Delta: -12.15%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 0.52% rent growth · sell at horizon

5-year hold

• IRR: 9.6%
• Equity multiple: 1.37×
• Total profit: $73,132
• Equity at exit: $105,789

10-year hold

• IRR: 16.6%
• Equity multiple: 2.21×
• Total profit: $240,655
• Equity at exit: $61,345

Cash invested: $198,660 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 41 Moderately Tenant-Leaning
• State Vermont: 41 Moderately Tenant-Leaning · D+15
• County: — inherits STATE
• City: — inherits STATE

Just-cause in Burlington (2022); strong habitability.

Methodology + full state rankings →

Active competition Active MLS

• For sale now: 2 active
• Median asking: $862,000 ($432/sqft)
• Median days on market: 210 d
• This list price: lowest-priced of the active set
• ARV vs active asking: -12.3% vs current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 05401

• Rents YoY: 0.5%
• Active inventory: 189
• Price-to-rent: 23.0×

Monthly cashflow live

• Estimated rent: $10,269 medium
• Mortgage (P&I): −$3,721
• Tax from tax record: −$751 /mo · $9,016/yr
• Insurance: −$296
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,156
• Net cashflow: $3,345

4-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 4× units	4	4	$10,268
Total (4 units)			$10,269

Break-even live

Break-even rent $6,035

Max offer price $709,500

Occupancy floor 62%

Sensitivity live

Price	-10% $3,746	-5% $3,546	+0% $3,345	+5% $3,144	+10% $2,943
Rent	-10% $2,534	-5% $2,939	+0% $3,345	+5% $3,750	+10% $4,156
Rate	-1.0pp $3,702	-0.5pp $3,525	base $3,345	+0.5pp $3,161	+1.0pp $2,974

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $177,375
• Closing costs: $21,285
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 22 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
304 S Winooski Ave Burlington, VT	3.0	2.0	780	$2,950	$3.78	93d	1	0.23mi
66 Hungerford Ter Burlington, VT	4.0	1.0	1500	$3,450	$2.30	70d	1	0.44mi
6 1/2 N Winooski Ave Burlington, VT	3.0	1.0	—	$2,100	—	70d	1	0.48mi
37 S Willard St Burlington, VT	3.0	1.0	900	$2,625	$2.92	93d	1	0.52mi
19 Greene St Burlington, VT	2.0–3.0	1.0	—	$2,495	—	93d	2	0.56mi
52 Isham St Unit 2 Burlington, VT	3.0	1.0	1065	$3,050	$2.86	93d	1	0.69mi
416 Pearl St Burlington, VT	1.0–4.0	1.0	—	$4,800	—	93d	4	0.73mi
252 North St Burlington, VT	4.0	1.0	—	$3,080	—	70d	2	0.76mi
244 North St Unit 1 Burlington, VT	3.0	1.0	—	$3,000	—	70d	1	0.76mi
50 North Ave Burlington, VT	3.0	1.0	—	$2,385	—	70d	1	0.78mi
17-19 Lafountain St Burlington, VT	4.0	1.0	—	$3,080	—	70d	1	0.79mi
176 Elmwood Ave Unit 1 Burlington, VT	3.0	1.0	—	$2,700	—	93d	1	0.80mi
372-374 North St Burlington, VT	3.0	1.0	1080	$2,880	$2.67	93d	1	0.83mi
170 Park St Burlington, VT	3.0	1.0	896	$2,900	$3.24	93d	1	0.84mi
24 North St Unit 3C Burlington, VT	4.0	1.0	1086	$2,895	$2.67	70d	1	0.84mi
45 Rose St Burlington, VT	4.0	1.0	—	$2,980	—	70d	1	0.85mi
26 Cedar St Burlington, VT	3.0	1.0	—	$2,500	—	93d	1	0.85mi
37 Hyde St Unit 7 Burlington, VT	4.0	2.0	1600	$4,000	$2.50	93d	1	0.86mi
88 Lafountain St Unit 90 Burlington, VT	4.0	2.0	—	$3,380	—	93d	1	0.93mi
135 North Ave Unit 135 Burlington, VT	3.0	2.0	1090	$2,800	$2.57	93d	1	0.95mi
86 Archibald St Burlington, VT	3.0	1.0	—	$2,700	—	70d	1	0.98mi
93 Walnut St #5 Burlington, VT	3.0	1.0	950	$3,000	$3.16	93d	1	1.09mi

Property features AI

Finance

• Other: Approximate total finished area listed (internal): 2,132Approximate total area listed (internal): 2,836Survey status: Unknown
• Financial info: Net income reported: $58,993Operating expenses include heat, insurance, maintenance, snow removal, trash, and water/sewer
• HOA & community: No HOA information provided

Exterior

• Parking: Paved driveway
• Security: No security features provided
• Utilities: Public waterPublic sewerElectric service with circuit breakersBurlington ElectricVT Gas fuel providerHigh-speed internet availableCable available
• Home design: Multi-family propertyExisting building
• Construction: Built in 1920Wood frame constructionWood roofUnfinished basement (foundation details not provided)
• Exterior features: City lotPaved drivewayRoad frontage on paved, public road

Interior

• Kitchen: No specific kitchen appliance details provided
• Bedrooms: Four units total: three 1-bedroom units and one 2-bedroom unitUnit 1 is a studio (listed as 1 bedroom)Unit 2: 1 bedroomUnit 4: 2 bedrooms
• Flooring: No flooring details provided
• Bathrooms: Four full bathrooms (one per unit)
• Heating & cooling: Natural gas heatingHot water heatingNo cooling
• Interior features: Basement present with interior accessUnfinished basement
• Laundry & utility: No specific laundry appliance details provided

Listing history 50 events

1. 2026-07-27
   days on market $709,500 Active 116 DOM
2. 2026-07-25
   days on market $709,500 Active 114 DOM
3. 2026-07-23
   days on market $709,500 Active 112 DOM
4. 2026-07-22
   days on market $709,500 Active 111 DOM
5. 2026-07-21
   days on market $709,500 Active 110 DOM
6. 2026-07-18
   days on market $709,500 Active 107 DOM
7. 2026-07-16
   days on market $709,500 Active 105 DOM
8. 2026-07-16
   days on market $709,500 Active 104 DOM
9. 2026-07-14
   days on market $709,500 Active 103 DOM
10. 2026-07-13
    days on market $709,500 Active 102 DOM
11. 2026-07-12
    days on market $709,500 Active 101 DOM
12. 2026-07-11
    days on market $709,500 Active 100 DOM
13. 2026-07-10
    days on market $709,500 Active 99 DOM
14. 2026-07-09
    days on market $709,500 Active 98 DOM
15. 2026-07-08
    days on market $709,500 Active 97 DOM
16. 2026-07-07
    days on market $709,500 Active 96 DOM
17. 2026-07-06
    days on market $709,500 Active 95 DOM
18. 2026-07-05
    days on market $709,500 Active 94 DOM
19. 2026-07-04
    days on market $709,500 Active 93 DOM
20. 2026-07-03
    days on market $709,500 Active 92 DOM
21. 2026-07-02
    days on market $709,500 Active 91 DOM
22. 2026-07-01
    days on market $709,500 Active 90 DOM
23. 2026-06-30
    days on market $709,500 Active 89 DOM
24. 2026-06-29
    days on market $709,500 Active 88 DOM
25. 2026-06-28
    days on market $709,500 Active 87 DOM
26. 2026-06-28
    days on market $709,500 Active 86 DOM
27. 2026-06-27
    days on market $709,500 Active 85 DOM
28. 2026-06-26
    days on market $709,500 Active 84 DOM
29. 2026-06-23
    days on market $709,500 Active 81 DOM
30. 2026-06-21
    days on market $709,500 Active 80 DOM
31. 2026-06-19
    days on market $709,500 Active 78 DOM
32. 2026-06-18
    days on market $709,500 Active 77 DOM
33. 2026-06-17
    days on market $709,500 Active 76 DOM
34. 2026-06-16
    days on market $709,500 Active 75 DOM
35. 2026-06-15
    days on market $709,500 Active 74 DOM
36. 2026-06-14
    days on market $709,500 Active 72 DOM
37. 2026-06-13
    days on market $709,500 Active 71 DOM
38. 2026-06-10
    days on market $709,500 Active 69 DOM
39. 2026-06-09
    days on market $709,500 Active 68 DOM
40. 2026-06-08
    days on market $709,500 Active 67 DOM
41. 2026-06-07
    days on market $709,500 Active 66 DOM
42. 2026-06-05
    days on market $709,500 Active 63 DOM
43. 2026-06-03
    days on market $709,500 Active 62 DOM
44. 2026-06-02
    days on market $709,500 Active 61 DOM
45. 2026-06-01
    days on market $709,500 Active 60 DOM
46. 2026-05-31
    days on market $709,500 Active 59 DOM
47. 2026-05-30
    days on market $709,500 Active 58 DOM
48. 2026-05-15
    price $709,500 277-char remark
49. 2026-04-02
    listed $730,000 Active 277-char remark
50. 2024-03-14
    historical $1,750

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast VT · Partial reset (capped growth)

• Current annual tax: $9,016 · $751/mo
• Projected year-2 tax: $11,248 · $937/mo
• Expected delta: +$2,232/yr (+$186/mo · 24.8%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $123,228
• − Mortgage interest: −$39,743
• − Property taxes: −$9,016
• − Insurance: −$3,548
• − Repairs & maintenance: −$9,858
• − Management: −$9,858
• − Depreciation: −$20,640
• Taxable income: $30,565
• Est. tax owed @ 24.0%: −$7,336
• After-tax cash flow: $32,803/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 3 photos

Fair 45/100 Moderate rehab Est. rehab $53,300–$95,940 screening

The property requires significant repairs to the roof and exterior siding, along with landscaping improvements. These updates would significantly increase its resale and rental value.

Repairs flagged

• Major roof — Significant wear and potential leaks indicated by the condition of the roof.
• Major exterior siding — Significant wear and discoloration of the exterior siding.
• Major landscaping — Minimal landscaping and overgrown areas need attention.

Value-add opportunities

• Both roof replacement — A new roof would significantly increase the property's value and reduce ongoing maintenance costs. ↑
• Both exterior siding replacement — Replacing the exterior siding would improve the property's curb appeal and increase its value. ↑
• Both landscaping — A well-maintained and landscaped exterior would enhance the property's curb appeal and attract more tenants. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 51/100

Zoned Schools

Elementary Champlain School C VT #31/192 Nat'l #9,801/41,679 Middle Edmunds Middle School C VT #8/26 Nat'l #3,585/14,009 High Burlington High School D VT #8/48 Nat'l #5,677/17,239

Schools (NCES district)

No district data.

B Composite livability gradescore 74/100

Livability — Burlington

• Score: 74/100
• State rank: #19
• US rank: #4619

Category grades

Amenities F Commute A+ Cost of living D Crime F Employment B Housing B Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burlington, VT
• County: Chittenden County · 170,769 people
• City population: 31,662
• Metro: Burlington-South Burlington, VT
• Population (ZIP): 31,662
• Household income: $65,657
• Rent vs Own: 68.6% rent · 31.4% own
• Severe rent burden: 14% of renters

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Population outlook (Chittenden County) Hauer SSP2

• Today (2025): 170,769 people
• By 2030: 174,716 · +2.3%
• By 2040: 180,337 · +5.6%
• By 2050: 183,768 · +7.6%
• By 2075: 194,646 · +14.0%
• By 2100: 194,933 · +14.2%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Two or more races 6% Asian 4% Black 4% Hispanic / Latino 4%
• Common ancestry: Romanian 5% Lithuanian 5% Slovak 4%
• Foreign-born: 7% · China, Canada, Vietnam
• Languages at home: 90% English-only · Other Indo-European 2% French/Haitian/Cajun 2% Spanish 2%

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Political lean MEDSL · Chittenden

• 2024 margin: Solid D (+53.6) · D 75.4% · R 21.7% · Other 2.9%
• 2008→2024 swing: +8.9pp toward D · 2008: 44.8pp · 2024: 53.6pp
• All cycles: 2024: D+53.6 2020: D+54.5 2016: D+46.8 2012: D+41.9 2008: D+44.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -316.87%
• Current HPI: 352.2081
• Rent YoY: ▲ 0.52%
• Metro: Burlington-South Burlington, VT
• State GDP YoY: —
• F500 in state: 0

Property features AI

Finance

• Other: Approximate total finished area listed (internal): 2,132Approximate total area listed (internal): 2,836Survey status: Unknown
• Financial info: Net income reported: $58,993Operating expenses include heat, insurance, maintenance, snow removal, trash, and water/sewer
• HOA & community: No HOA information provided

Exterior

• Parking: Paved driveway
• Security: No security features provided
• Utilities: Public waterPublic sewerElectric service with circuit breakersBurlington ElectricVT Gas fuel providerHigh-speed internet availableCable available
• Home design: Multi-family propertyExisting building
• Construction: Built in 1920Wood frame constructionWood roofUnfinished basement (foundation details not provided)
• Exterior features: City lotPaved drivewayRoad frontage on paved, public road

Interior

• Kitchen: No specific kitchen appliance details provided
• Bedrooms: Four units total: three 1-bedroom units and one 2-bedroom unitUnit 1 is a studio (listed as 1 bedroom)Unit 2: 1 bedroomUnit 4: 2 bedrooms
• Flooring: No flooring details provided
• Bathrooms: Four full bathrooms (one per unit)
• Heating & cooling: Natural gas heatingHot water heatingNo cooling
• Interior features: Basement present with interior accessUnfinished basement
• Laundry & utility: No specific laundry appliance details provided

Price history

+472.2% since first listed

7 events — show timeline

• 2026-05-15 Price Changed $709,500 PrimeMLS
• 2026-04-02 Listed $730,000 PrimeMLS
• 2024-03-14 Rental Removed $1,750 APPFOLIO
• 2023-11-11 Listed for Rent $1,750 APPFOLIO
• 2013-08-15 Sold (Public Records) $300,000 Public Records
• 2002-11-21 Sold (Public Records) $220,000 Public Records
• 1989-01-13 Sold (Public Records) $124,000 Public Records

Property tax history

+25.3%/yr

Latest (2024): $9,016 · +8.5% YoY. Source: county tax records.