30-32 Sherman Street Burlington, Vermont 05401 MLS# 5066579

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Sold Status

$885,000 Sold Price

Multi Type

9 Beds

4 Baths

3,808 Sqft

Listed By Louise Johnson of KW Vermont
Sold By Karen Waters of Coldwell Banker Hickok and Boardman

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INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property offering breathtaking, unobstructed views of majestic Lake Champlain and the towering New York Adirondack Mountains. This exceptional multi-unit property boasts a truly centralized location, putting your tenants in the heart of the action. Enjoy the ultimate convenience with public transportation, the scenic recreational path, and vibrant waterfront events literally outside your door. Easy access to the shopping, diverse dining options, the University of Vermont (UVM), and the UVM Medical Center. A healthy rental history, off street parking, and 4 storage bays for added potential rental income Don't miss the chance to acquire a property where premium location meets unparalleled scenic beauty and strong investment fundamentals! Perfect for a savvy investor looking for steady returns in a sought-after market. †

Property Location

30-32 Sherman Street Burlington

Property Details

Essentials

Sold Price $885,000		Sold Date Dec 19th, 2025
List Price 895,000	Bedrooms 9	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 4	Year Built 1899
MLS# 5066579	Lot Size 0.25 Acres	Taxes $20,596
Type Multi-Family	Days on Market 245 Days	Tax Year 2025
Units 4	Stories 2	Road Frontage
Annual Income $105,186	Style Sidewalks	Water Frontage
Annual Expenses $0	Finished 3,808 Sqft	Construction No, Existing
Zoning Residential Medium	Above Grade 3,808 Sqft	Seasonal No
Total Rooms 9	Below Grade 0 Sqft	List Date Oct 21st, 2025

Expenses

Gross Income $105,186	Operating Expenses $0	Net Income $73,619

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, $0/Mo	Unit 2 2 Beds, 1 Baths, $2,150/Monthly
Unit 3 3 Beds, 1 Baths, $2,600/Monthly	Unit 4 2 Beds, 1 Baths, $2,800/Monthly

Building

Construction
BasementInterior, Unfinished, Full, Concrete, Dirt, Unfinished
Interior Features
Exterior Features

Exterior	Disability Features
Foundation	House Color
Floors Combination	Building Certifications
Roof Shingle	HERS Index

Property

Directions
Lot Description, Near Bus/Shuttle, Street Lights, View, Water View, In Town, Near Paths, Near Shopping, Near Public Transportatn, Near School(s)
Garage & Parking No

Road Frontage	Water Access
Driveway Crushed Stone	Water Type Lake
Flood Zone No	Water Body
Zoning Residential Medium

Schools

School District Burlington School District	Middle
Elementary	High Burlington High School

Utilities

Heat Fuel , Steam	Excluded
Heating/Cool None, Steam, Radiators, Baseboard	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents Property Disclosure, Other, Deed, Property Disclosure
Electric Circuit Breaker	Tax ID 114-035-14893

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