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  • Listed by: 

    Paul Cannizzaro,

    Cannizzaro Real Estate 802-862-9700

    $2,200,000

    938-950 Shelburne Road, South Burlington, VT 05403

    10beds
    8,136sqft
    : 
    Multi Family
    Built in 1966
    -- sqft lot
    $2,171,000 Zestimate®
    $270/sqft
    $-- HOA

    What's special

    Full heated basementStrong curb appealAdditional garage door accessOnsite parkingNew flooring
    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
    7 days
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    Zillow last checked: 8 hours ago

    Listing updated: December 03, 2025 at 07:22am

    Listed by:

    Paul Cannizzaro,

    Cannizzaro Real Estate 802-862-9700

    Source: PrimeMLS,MLS#: 5071105MLS Logo

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas, Hot Air
    Cooling
    • Central Air
    Features
    • Basement: Bulkhead,Climate Controlled,Concrete Floor,Full,Insulated,Interior Stairs,Storage Space,Walkout,Exterior Entry,Basement Stairs,Interior Entry
    Interior area
    • Total structure area: 10,470
    • Total interior livable area: 8,136 sqft
    • Finished area above ground: 8,136
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Paved, Auto Open, Heated Garage, Garage, On Site, Parking Spaces 11 - 20
    • Garage spaces: 1
    Features
    • Levels: Two
    • Frontage length: Road frontage: 148
    Lot
    • Size: 0.43 Acres
    • Features: City Lot, Corner Lot, Curbing, Landscaped, Level, Neighbor Business, Sidewalks, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
    Details
    • Zoning description: Higher Scale Mixed

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Brick Exterior, Wood Siding
    • Foundation: Poured Concrete, Stone
    • Roof: Architectural Shingle
    Condition
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable at Site, Gas On-Site

    Community & HOA

    Location
    • Region: South Burlington

    Financial & listing details

    • Price per square foot: $270/sqft
    • Annual tax amount: $25,648
    • Date on market: 12/3/2025
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    Estimated market value

    $2,171,000

    $2.06M - $2.28M

    Not available

    Price history

    Price history
    DateEventPrice
    12/3/2025Listed for sale$2,200,000$270/sqft
    Source: PrimeMLS #5071105 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $11,923/mo
    Principal & interest
    $8531
    Property taxes
    $2622
    Home insurance
    $770

      Climate risks

      Neighborhood: 05403

      Nearby schools

      GreatSchools rating
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