938-950 Shelburne Road South Burlington, VT $ 2,200,000
938-950 Shelburne Road
$ 2,200,000
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938-950 Shelburne Road

South Burlington, VT, 05403
$ 2,200,000
Bedrooms10 Baths7.0 Sq 8,136

Monthly Estimate*

$ 13,725

Listed by Paul Cannizzaro, Cannizzaro Real Estate, 802-862-9700, paulcan2010@Gmail.com
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Multi-Family Home for sale in South Burlington, VT

for $2,200,000 with 10 bedrooms and 7 full baths. This 8,136 square foot home was built in 1966 on a lot size of 0.43.

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

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

10

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment Building,Multi-Family

Lot Size

0.43

Year Built

1966

Town/City

South Burlington

County/Region

Chittenden

MLS | Web ID

5071105

Features
Interior
Basement Description Bulkhead Climate Controlled Concrete Floor Full Insulated Interior Stairs Storage Space Walkout Exterior Access Basement Stairs
Basement Yes
Total Number of Units 8
Unit 4 Bedrooms 1
Total Full Baths 7
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General
Road Frontage Yes
Sewer Public
Heating Natural Gas Hot Air
Cooling Central AC
Utilities Cable at Site Gas On-Site
Roof Architectural Shingle
Garage Yes
Flood Zone No
Zoning Higher Scale Mixed
Year Built 1966
Electric Circuit Breaker(s)
Style Apartment Building Multi-Family
Stories Count 2
Construction Status Existing
Tax Year 2025
Status Detail 0
Covenants No
Construction Materials Wood Frame Brick Exterior Wood Siding
Directions Corner of Shelburne Road and Brewer Parkway
City South Burlington
Seasonal No
DOM 9
Price Per Sq Ft Total AG 270.4
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Exterior
Lot Features City Lot Corner Curbing Landscaped Level Neighbor Business Sidewalks Near Shopping Near Public Transportatn Near Hospital Near School(s)
Driveway Paved
Lot Size Area 0.43
Water Source Public
Parking Features Auto Open Heated Garage Garage On-Site Parking Spaces 11 - 20
Garage Capacity 1
Foundation Poured Concrete Stone
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* Excluded Features
List By
Paul Cannizzaro

Listing Agent

Cannizzaro Real Estate

Broker

(802) 862-9700

Phone

paulcan2010@Gmail.com

Email

Affordability Calculator

$13,725
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,725
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$2,200,000 Listed Price

Map


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938-950 Shelburne Road, South Burlington, VT, 05403 is a Multi-Family Home for sale at $2,200,000 with 8,136 sqft and a lot size of 0.43. 938-950 Shelburne Road has 10 bedrooms, 7.0 baths, and was built in 1966. The property's zip code is 05403 which is in South Burlington, VT