38 Sherman Street Burlington, Vermont 05401 MLS# 5066580

Back to Search Results Next Property View the next property

Sold Status

$710,000 Sold Price

Multi Type

5 Beds

5 Baths

2,102 Sqft

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

Share: ✉ 🖶

Mortgage Provider

Contact a local mortgage provider today to get pre-approved.

Call: (802)-318-0823
NMLS# 402933

Get Pre-Approved »

Mortgage Calculator

Down Payment (%) Interest Rate (%) Loan Term (Yrs)

$ Taxes

$ Principal & Interest

$Down Payment

This calculation is based on a rough estimate. Every person's situation is different. Be sure to consult with a mortgage advisor on your specific needs.

Burlington

Learn More »

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 and ample off street parking makes this a great investment opportunity. Listing Agent related to seller †

Property Location

38 Sherman Street Burlington

Property Details

Essentials

Sold Price $710,000		Sold Date Jan 20th, 2026
List Price 735,000	Bedrooms 5	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 5	Year Built 1920
MLS# 5066580	Lot Size 0.24 Acres	Taxes $11,526
Type Multi-Family	Days on Market 246 Days	Tax Year 2025
Units 5	Stories 2	Road Frontage
Annual Income $84,352	Style Near Paths	Water Frontage
Annual Expenses $0	Finished 2,102 Sqft	Construction No, Existing
Zoning Residential Medium Dens	Above Grade 2,102 Sqft	Seasonal No
Total Rooms 5	Below Grade 0 Sqft	List Date Oct 21st, 2025

Expenses

Gross Income $84,352	Operating Expenses $0	Net Income $63,729

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, $1,095/Monthly	Unit 2 1 Beds, 1 Baths, $1,575/Monthly
Unit 3 1 Beds, 1 Baths, $1,450/Monthly	Unit 4 1 Beds, 1 Baths, $1,575/Monthly
Unit 5 1 Beds, 1 Baths, $1,250/Monthly

Building

Construction
BasementWalk-up, Unfinished, Full, Concrete, Dirt, Unfinished, Exterior Access
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, Sidewalks, Street Lights, View, Water View, Near Shopping, Near Public Transportatn, Near Hospital, Near School(s)
Garage & Parking No

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

Schools

School District Burlington School District	Middle
Elementary	High Burlington High School

Utilities

Heat Fuel , Electric	Excluded
Heating/Cool None, Electric, Baseboard	Negotiable
Sewer Public	Parcel Access ROW
Water	ROW for Other Parcel
Water Heater	Financing
Cable Co	Documents Property Disclosure, Other, Deed, Lease Agreements, Property Disclosure
Electric Circuit Breaker	Tax ID 114-035-14894

† 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.