- beds
- 10
- baths
- 7
- sq ft
- 8,136
- Built
- 1966
938-950 Shelburne Road
South Burlington, VT 05403
Residential Income · Active · MLS #5071105
Listing Courtesy of Cannizzaro Real Estate | Paul Cannizzaro
The home
About this home
See attached pro forma. Enjoy a 7.6% cap rate and well maintained buildings. 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. 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 information
Details at a glance
Interior3 property facts
- Rooms
- 1
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
Building6 property facts
- Style
- Multi Family
- Year built
- 1966
- Garage
- 1
- Parking
- 1
- Foundation
- Stone
- Roof
- Shingle
Land & utilities4 property facts
- Lot size
- 0.43 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- Higher Scale Mixed
Financial2 property facts
- Annual taxes
- $25,538
- Assessment year
- 2025
Plan your purchase
Estimated monthly cost
Explore costs at the $1,950,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$11,988 / monthAdjust
- Principal & interest
- $9,860
- Property tax
- $2,128
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $25,538. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Listing history
Price and status timeline
- New
$1,950,000 · Dec 3, 2025
Compare with confidence
Price & market context
See how this home compares with active listings in South Burlington.
| Metric | This home | Local listings |
|---|---|---|
| List price | $1,950,000 | $597,000227% above local |
| Price / sq ft | $240 | $2597% below local |
| Days on market | 237 | 77208% above local |
Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.
Keep exploring
Similar homes nearby
Same city and within 25% of the asking price, matched by property type and bedroom count when available and ranked by size and price.
No close matches are available right now. Browse all homes in South Burlington.
Need help making sense of this home?
Common questions
About 938-950 Shelburne Road
Can I request a private showing?
Request a tour of 938-950 Shelburne Road and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.
Research before you tour
We’ll help you get the available information about this home.