10-12 Shelburne Street Burlington, Vermont 05401 MLS# 4984944

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For Sale Status

$499,000 List Price

Multi Type

3 Beds

2 Baths

2,158 Sqft

Listed By The Malley Group of KW Vermont

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NMLS# 49592

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Front of the home Front of the home
Living Room Living Room
Living Room Living Room
Living Room Living Room
Bedroom Bedroom
Bedroom Bedroom
Bedroom Bedroom
Kitchen Kitchen
Kitchen Kitchen
Kitchen Kitchen
Bedroom Bedroom
Bedroom Bedroom
Bathroom Bathroom
Porch Porch
Porch Porch
Kitchen Kitchen
Kitchen Kitchen
Kitchen Kitchen
Living Room Living Room
Living Room Living Room
Den/Office Den/Office
Bedroom Bedroom
Bathroom Bathroom
Entryway Entryway
Back of the home Back of the home
Back of the home Back of the home
Front of the home Front of the home

Take advantage of this great opportunity to own a 2-unit property with tons of income-earning potential in downtown Burlington! Each unit occupies a different floor in the building with separate entrances for added privacy. The units also connect, giving you the opportunity to owner-occupy with a private space for in-laws or guests on the second floor. The lower level unit has 2 bedrooms, 1 bathroom, a spacious kitchen and access to the basement with approx. 150 sq. ft. of finished space and a ¾ bathroom. The upstairs unit has 1 bedroom, 1 bathroom, 2 additional rooms for multi-use and a kitchen. Recent updates include new carpet and paint in the upper unit (2023), new fridge in the lower unit (2023) and a newer furnace (2019). Outside, sit and enjoy your morning coffee on the large front porch or take advantage of your fenced backyard with space for a garden. Great location in the heart of Burlington, easily accessible from Rt. 7, close to I-89, UVM, schools, shopping, dining, everything downtown Burlington has to offer & Lake Champlain!

Property Location

10-12 Shelburne Street Burlington

Property Details

MLS#  4984944 Bedrooms  3 Garage Size  1 Car
List Price  499,000 Total Bathrooms  2 Year Built  1899
Type  Multi-Family Lot Size  0.0600 Acres Taxes $9,876
Units  2 Stories  2 Road Frontage  48
Annual Income  $48,000 Style  Duplex, Historic Vintage Water Frontage  
Annual Expenses  $0 Finished  2,158 Sqft Construction  No, Existing
Zoning   R-2 Two Family Above Grade  2,008 Sqft Seasonal  No
Total Rooms  3 Below Grade  150 Sqft List Date  Feb 14th, 2024
Gross Income  $48,000 Operating Expenses  $0 Net Income  $46,100
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 1,124 SqFt, $0/Mo Unit 2   1 Beds, 1 Baths, 884 SqFt, $0/Mo
ConstructionWood Frame, Other
BasementInterior, Partially Finished, Interior Stairs, Stairs - Interior
Interior Features
Exterior Features
Exterior  Wood, Brick Disability Features  
Foundation  Brick, Stone House Color  Gray
Floors  Laminate, Carpet, Hardwood Building Certifications  
Roof  Membrane HERS Index  
DirectionsHead north on Shelburne St/Route 7 into Burlington. After the traffic circle, bear right where St. Paul and South Union split, the building is on the right. Parking on the street is fine.
Lot DescriptionNo, Near Bus/Shuttle
Garage & Parking  Yes, On Street, Garage, Garage, On Street, Underground
Road Frontage  48 Water Access  
Driveway  Dirt Water Type  
Flood Zone  No Water Body  
Zoning  R-2 Two Family
School District  Burlington School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co  Xfinity Documents  Deed
Electric  Circuit Breaker Tax ID  114-035-18850

† The remarks published on this webpage originate from Listed By The Malley Group of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.