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228-230 Shelburne Street Burlington, Vermont 05401Property Closed

$925,000 Price
Multi Type
14 Beds
7 Baths
5,184 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman Realty

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NMLS# 49592

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Situated on Lake Champlain with views of the Adirondack Mountains, Burlington VT offers a wealth of cultural activities, lovely Victorian architecture, and a well educated, vibrant community. Here life takes place on a human scale. Most...

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Multi-Family Home

Don't pass up this great opportunity to own two buildings on Shelburne Street. With seven two bedroom units, this lot is attractive to both investors and renters. Tenants love the covered porches, which are great to sit out on a lazy afternoon. A huge private parking lot and a large back yard also make these unit easy to rent. Tenants pay utilities. Situated in Burlington's South End district, you're close to many great restaurants, shops, and Oakledge Park.

Insights Exclusive Data

Listing Status  ClosedContract Date  02/25/2019
Days on Market  Closing Date  05/15/2019
Original Price  $950,000Closing Price  $840,000
Property ID  058-1-024-000Span  114-035-19998


MLS#  4714075Bedrooms  14Garage Size   Car
List Price  925,000Total Bathrooms  7Year Built  1900
Type  Multi-FamilyLot Size  1.1000 AcresTaxes $19,581
Units  7Stories  2Road Frontage  
Annual Income  $86,340Style  Apartment Building, Multi-FamilyWater Frontage  
Annual Expenses  $31,758Finished  5,184 SqftConstruction  No, Existing
Zoning   RLAbove Grade  5,184 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Aug 21st, 2018


Total Expenses  $31,758Insurance  $3,196
Water & Sewer  $2,261Taxes  $19,581
Trash  $1,200Miscellaneous  $700
Maintenance  $2,500 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   2 Beds, 1 Baths, $975/Mo Unit 2   2 Beds, 1 Baths, $985/Mo
Unit 3   2 Beds, 1 Baths, $1,000/Mo Unit 4   2 Beds, 1 Baths, $800/Mo
Unit 5   2 Beds, 1 Baths, $0/Mo Unit 6   2 Beds, 1 Baths, $0/Mo
Unit 7   2 Beds, 1 Baths, $0/Mo


ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl SidingDisability Features  
Foundation  StoneHouse Color  White
Floors  Building Certifications  
Roof  Other, Slate HERS Index  


Lot Description, City Lot
Garage & Parking  No, , , Off Street
Road Frontage  Water Access  
Driveway  PavedWater Type  
Flood Zone  UnknownWater Body  
Zoning  RL


School District  NAMiddle  
Elementary  High  

Utilities & Other

Heat Fuel  Excluded  
Heating/Cool  None, Baseboard, Hot AirNegotiable  
Sewer  PublicParcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  TankFinancing  
Cable Co  ComcastDocuments  
Electric  Circuit BreakerTax ID  114-035-19998
DirectionsOn Shelburne Road/Route 7, 228 is between Alfred and Clymer Streets, just to the right of The Spot restaurant.