Listed By:
Louise Johnson with KW Vermont; Phone: 802-373-0759

$ 639,000 44-46 Sherman Street Burlington, VT

MLS: 5091803   Type: Multi-Family   County: Chittenden   City: Burlington   Area: Chittenden   Neighborhood: Lake Champlain   Zip: 05401   Style: Apartment Building  

Mortgage $3,000 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

4

4

0

2,976

5,227

1899

INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property located on a corner lot offering breathtaking, unobstructed views of majestic Lake Champlain and the towering New York Adirondack Mountains. This exceptional multi-unit property boasts a truly centralized location, putting your tenants in the heart of the action. Enjoy the ultimate convenience with public transportation, sidewalks, the scenic recreational path, and vibrant waterfront events literally outside your door. Easy access to the shopping, diverse dining options, the University of Vermont (UVM), and the UVM Medical Center. A healthy rental history and long-term tenants makes this a great investment opportunity. Listing Agent related to seller

Elementary School

Middle School

High School

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Distance: N/A Miles
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Distance: N/A Miles
Burlington
Distance: N/A Miles

Price History

5/29/2026 Listed $659,000
8/26/2026 4% - $639,000

Road Frontage TBD
Separate Utilities Varies
Sewer Public
Heating Natural Gas,Floor Furnace,Hot Water,Radiator
Cooling None
Utilities Gas On-Site,Underground Gas
Possession At Closing,Tenant Rights
Roof Slate
Appliances Gas Water Heater,Natural Gas Water Heater,Owned Water Heater
Garage Yes
Flood Zone No
Zoning Residential- Medium Dens
Unit 3 Level Number 1
Unit 2 Level Number 2
Unit 4 Level Number 2
Unit 1 Level Number 1
Operating Expense 20744
Year Built 1899
Electric Circuit Breaker(s)
Style Apartment Building
Stories Count 2
Documents Available Certificate of Compliance,Deed,Property Disclosure
Net Income 53196
Property Condition Existing
Trash Dumpster,Owner
Tax Year 2026
Gross Income 73950
Fuel Company VT Gas
Electric Company Burlington Electric
Status Detail 0
Covenants No
Construction Materials Wood Frame
High School Burlington High School
City Burlington
Property Class Multi-Family
School District Burlington School District
Seasonal No
DOM 112
Price Per Sq Ft Total AG 214.72
Last Updated 08/26/2026 10:44:01

Interior Features

Basement Description Dirt,Interior Stairs,Storage Space,Unfinished
Basement Yes
Flooring Combination
Total Number of Units 4
Unit 4 Bedrooms 1
Unit 1 Bedrooms 1
Unit 3 Bedrooms 1
Unit 2 Bedrooms 1
Total Full Baths 4
Unit 2 Lease Term Month to Month
Unit 3 Lease Term Month to Month
Unit 4 Lease Term Month to Month
Total Ranges 4
Total Refrigerators 4
Unit 1 Status Vacant
Unit 2 Status Leased
Unit 3 Status Leased
Unit 4 Status Leased
Unit 1 Info Appliances Included,Ceiling Fan,Electric,Furnished,Natural Gas Heat,Hot Water,Other,Porch,Electric Range,Refrigerator,Smoke Detector,Water Heater
Unit 2 Info Appliances Included,Natural Gas Heat,Refrigerator,Smoke Detector,Water Heater
Unit 3 Info Appliances Included,Dryer,Natural Gas Heat,Hot Water,Refrigerator,Smoke Detector,Washer
Unit 4 Info Appliances Included,Natural Gas Heat,Hot Water,Refrigerator,Smoke Detector
Internet High Speed Intrnt at Site,Fiber Optic Internet
Total Finished Area 2976
Total Water Heaters 3
Total 3+ BR Units 0
Total 2 BR Units 0
Total 1 BR Units 4
Basement Access Type Interior

Exterior Features

Lot Features City Lot,Corner,Landscaped,Level,Sidewalks,Street Lights,Near Paths,Near Shopping,Near Public Transport,Near Hospital,Near School(s)
Exterior Amenities Building,Covered Porch,Enclosed Porch,Window Screens,Double Pane Window(s)
Driveway Crushed Stone
Water View Yes
Lot Size Area 0.12
Water Source Public
Parking Features Driveway,Garage,Off Street,Unpaved
Garage Capacity 1
Water Body Name Lake Champlain
Foundation Brick,Stone
Total Electric Meters 3
Total Gas Meters 3
Waterfront Property No
Road Frontage Type Public
Surveyed Unknown
Water Body Type Lake
Lot Size Square Feet 5227
Water Body Access No

Property Schools



Direct Link:

https://jenniferrussell.verani.com/property/85-5091803-44-46-sherman-street-burlington-VT-05401

Gallery (26 photos)

Listed By:
Louise Johnson with KW Vermont; Phone: 802-373-0759

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Property vs Zip Code Avg (05401)

Price 639K Avg 0

Sqr Feet 2,976 Avg 0

Cost / Sqr Ft $215 Avg $0

Acres 0.12 Avg 0

Visits 87 Avg 0

Days on Site 116 Avg 20,718

Statistics provided by Inside Real Estate

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Listed By: Louise Johnson with KW Vermont; Phone: 802-373-0759




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Location & Address

Jennifer Russell
82 Portsmouth Avenue
Exeter, NH
603-235-5764