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
Active
Listed by: Cannizzaro Real Estate
$2,200,000
938-950 Shelburne Road, South Burlington, VT 05403
10beds
8,136sqft
Est.:
Multi Family
Built in 1966
-- sqft lot
$1,981,600 Zestimate®
$270/sqft
$-- HOA
What's special
Full heated basementStrong curb appealAdditional garage door accessOnsite parkingNew flooring
- 108 days |
- 595 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 06:34am
Listed by:
Paul Cannizzaro,
Cannizzaro Real Estate 802-862-9700
Source: PrimeMLS,MLS#: 5071105
Tour with a local agent
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
Estimated market value
$1,981,600
$1.88M - $2.08M
$2,788/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Listed for sale | $2,200,000$270/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$13,875/mo
Principal & interest
$11345
Property taxes
$2530
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Climate risks
Neighborhood: 05403
Getting around
31 / 100
Some TransitNearby schools
GreatSchools rating
- 9/10Orchard SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Frederick H. Tuttle Middle SchoolGrades: 6-8Distance: 1.8 mi
- 10/10South Burlington High SchoolGrades: 9-12Distance: 1.8 mi
Local experts in 05403
- Vermont
- Chittenden County
- South Burlington
- 05403
- 938-950 Shelburne Road
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