234-236 Shelburne Street Burlington, Vermont 05401 MLS# 4888499

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Sold Status

$710,000 Sold Price

Multi Type

6 Beds

5 Baths

4,130 Sqft

Listed By Louise Johnson of KW Vermont
Sold By Geri Reilly Real Estate
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Burlington

234-236 Shelburne Street

Charming, well-maintained property located in the South end of Burlington, bordering on the desirable 5 sisters neighborhood to the west and the prestigious hill section to the east. Once used as a B&B, then an assisted living home prior to current use, this stately properly contains 4 units with great monthly income. Perfect owner occupy opportunity in the 2 level unit and rent out the others. Two additional flex rooms on the 2nd floor have historically been used as bedrooms with previous approval through the City, but are not currently incorporated into any units. Newer Thermopane windows and restored original hardwood floors throughout, ornate original trim and off street parking for tenants. Enjoy sunsets on the wraparound porch and seasonal views of Lake Champlain from the 3rd floor unit. Slate roof and heating systems have been meticulously & professionally maintained. Current tenants have occupied between 5-11 years. Amazing location within minutes to Universities and Colleges, UVM Medical Center, parks, shopping and restaurants, less than 1 mile to I-89, 10 minute drive to the airport. Listing Agent is related to the seller.

Property Location

234-236 Shelburne Street Burlington

Property Details

Sold Price  $710,000 Sold Date  Dec 30th, 2021
MLS#  4888499 Bedrooms  6 Garage Size   Car
List Price  745,000 Total Bathrooms  5 Year Built  1899
Type  Multi-Family Lot Size  0.1600 Acres Taxes $13,435
Units  4 Stories  1/2/1900 Road Frontage  55
Annual Income  $68,700 Style  Apartment Building, Near Shopping Water Frontage  
Annual Expenses  $0 Finished  4,130 Sqft Construction  No, Existing
Zoning   RL Above Grade  4,130 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Oct 27th, 2021
Gross Income  $68,700 Operating Expenses  $0 Net Income  $48,936
Expenses Includes 
Unit 1   1 Beds, 2 Baths, $1,400/Monthly Unit 2   1 Beds, 1 Baths, $1,050/Monthly
Unit 3   2 Beds, 1 Baths, $1,825/Monthly Unit 4   2 Beds, 1 Baths, $1,450/Monthly
ConstructionWood Frame
BasementInterior, Unfinished, Bulkhead, Concrete, Storage Space, Interior Stairs, Full, Interior Access, Exterior Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Brick, Stone House Color  White
Floors  Carpet, Laminate, Hardwood, Laminate Building Certifications  
Roof  Slate, Slate HERS Index  
DirectionsFrom I-89 North or South, merge onto I-189W, keep right at the fork for US-7N, .7 miles, house on the right. Park on Clymer Street, street before the property for showings
Lot Description, Level, Sidewalks, Street Lights, Near Bus/Shuttle, Window Screens
Garage & Parking  No, , , Unpaved, Off Street, Assigned, Unpaved
Road Frontage  55 Water Access  
Driveway  Crushed Stone, Concrete Water Type  
Flood Zone  Unknown Water Body  
Zoning  RL
School District  Burlington School District Middle  
Elementary   High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units, Vented Gas Heater, Floor Furnace, Hot Air, Wall Units Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Tank, Owned, Gas-Natural Financing  
Cable Co   Documents  Property Disclosure, Lease Agreements, Deed
Electric  Circuit Breaker, 220 Plug Tax ID  114-035-19999
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† The remarks published on this webpage originate from Listed By Louise Johnson 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.