938 Shelburne Rd South Burlington, VT 05403
Estimated payment $13,675/month
Highlights
- 0.43 Acre Lot
- Corner Lot
- 1 Car Garage
- Frederick H. Tuttle Middle School Rated A-
- Central Air
- Wood Siding
About This Home
See attached pro forma for numbers using market rents. This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market. A recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement and additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,648
Year Built
- Built in 1966
Lot Details
- 0.43 Acre Lot
- Corner Lot
- Level Lot
Parking
- 1 Car Garage
- Heated Garage
- Automatic Garage Door Opener
Home Design
- Brick Exterior Construction
- Stone Foundation
- Wood Frame Construction
- Wood Siding
Interior Spaces
- Property has 2 Levels
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Bathrooms
Basement
- Heated Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- City Lot
Utilities
- Central Air
- Cable TV Available
Community Details
- 8 Units
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/03/2025 12/03/25 | For Sale | $2,200,000 | -- | $270 / Sq Ft |
Source: PrimeMLS
MLS Number: 5071105
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