5224 Shelburne Road Shelburne, Vermont 05482

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Sold Status
$1,325,000 Price
Multi Type
8 Beds
7 Baths
7,986 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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Shelburne is a beautiful town on Lake Champlain. Lush valleys, views of the Green Mountains, and well kept farms surrounding the center of town are a few reasons people cherish Shelburne. The jewel of the town is Shelburne Museum, created by...

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Brilliant location in the heart of Shelburne Village Vermont! Mixed use opportunity with both residential and boutique office space located in updated and historic properties. The perfect investment for an investor and/or owner user. The Tracy House compound is an irreplaceable property encompassing 2 buildings with ample parking in a desirable village location. The main house is an updated 3 story brick Victorian mansion with 4 residential apartments plus office spaces featuring tall ceilings, hardwood floors, wood paneling. The Converted Carriage Barn offers 3 unique and renovated apartments with exposed beams and cathedral ceilings. Everyone will enjoy the beautiful grounds/gardens and more than ample parking all just mere steps to all that historic Shelburne Village has to offer.

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Property Details

Sold Price  $1,200,000 Sold Date  Dec 31st, 2020
MLS#  4835543 Bedrooms  8 Garage Size   Car
List Price  1,325,000 Total Bathrooms  7 Year Built  1878
Type  Multi-Family Lot Size  0.9900 Acres Taxes $21,232
Units  15 Stories  3 Road Frontage  
Annual Income  $160,200 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  7,986 Sqft Construction  No, Existing
Zoning   Village Above Grade  7,986 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Oct 22nd, 2020
Gross Income  $160,200 Operating Expenses  $0 Net Income  $98,468
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $1,800/Monthly Unit 2   1 Beds, 1 Baths, $1,000/Monthly
Unit 3   1 Beds, 1 Baths, $1,000/Monthly Unit 4   1 Beds, 1 Baths, $1,400/Monthly
Unit 5   2 Beds, 1 Baths, 1,250 SqFt, $1,550/Monthly Unit 6   1 Beds, 1 Baths, 1,000 SqFt, $1,150/Monthly
Unit 7   1 Beds, 1 Baths, 730 SqFt, $1,250/Monthly
ConstructionWood Frame, Masonry
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Wood, Brick Disability Features  
Foundation  Stone House Color  Brick/Grey
Floors  Hardwood Building Certifications  
Roof  Shingle HERS Index  
DirectionsTake Route 7/Shelburne Road into Shelburne Village, property is just north of Mobil Station at corner of Harbor Rd & Shelburne Road.
Lot Description, City Lot, Sidewalks
Garage & Parking  No, , , Paved, On Street
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Village
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Space Heater, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  582-183-10895