44-46 Sherman Street Burlington, Vermont - For Sale

44-46 Sherman Street Burlington, Vermont 05401 MLS# 5091803

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For Sale Status

$659,000 List Price

Multi Type

4 Beds

4 Baths

2,976 Sqft

Listed By Louise Johnson of KW Vermont
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Burlington

44-46 Sherman Street
44-46 Sherman Street
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44-46 Sherman Street
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44-46 Sherman Street
44-46 Sherman Street
44-46 Sherman Street

INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property located on a corner lot 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, sidewalks, 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 long-term tenants makes this a great investment opportunity. Listing Agent related to seller

Property Location

44-46 Sherman Street Burlington

Property Details

List Price  659,000 Bedrooms  4 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1899
MLS#  5091803 Lot Size  0.12 Acres Taxes $12,369
Type  Multi-Family Days on Market  25 Days Tax Year 2025
Units  4 Stories  2 Road Frontage  
Annual Income  $79,740 Style  Near Public Transport Water Frontage  
Annual Expenses  $0 Finished  2,976 Sqft Construction  No, Existing
Zoning   Residential- Medium Dens Above Grade  2,976 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  May 29th, 2026
Gross Income  $79,740 Operating Expenses  $0 Net Income  $57,886
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,800/Monthly Unit 2   1 Beds, 1 Baths, $1,425/Monthly
Unit 3   1 Beds, 1 Baths, $1,795/Monthly Unit 4   1 Beds, 1 Baths, $1,500/Monthly
Construction
BasementInterior, Unfinished, Storage Space, Dirt, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors  Combination Building Certifications  
Roof  Slate HERS Index  
Directions
Lot Description, Lake View, Landscaped, Level, Sidewalks, Street Lights, Water View, Near Paths, Near Shopping, Near Hospital, Near School(s)
Garage & Parking  Yes
Road Frontage   Water Access  
Driveway  Crushed Stone Water Type  Lake
Flood Zone  No Water Body  
Zoning  Residential- Medium Dens
School District  Burlington School District Middle  
Elementary   High  Burlington High School
Heat Fuel  , Radiator Excluded  
Heating/Cool  None, Radiators, Hot Water, Floor Furnace Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  Property Disclosure, Deed, Property Disclosure
Electric  Circuit Breaker Tax ID  114-035-14895
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† 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.