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938-950 Shelburne Rd

south burlington, VT 05403

US$2,200,000

    Interested? Let's Connect

    This rare offering features 10 bedrooms over six residential units and two commercial units, providing an exceptional opportunity for both investors and owner-users. Rental Housing Fire Safety inspections have been completed, and the property is ideally positioned for a business owner seeking a highly visible location with excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market, with all but one tenant on a month-to-month lease, and a recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. The property consists of two buildings: a 3,458 SF brick building containing four apartments, and a 4,672 SF wood-frame building that includes two upstairs apartments and two first-floor commercial spaces with full heated basement with additional garage door access. The commercial area is currently divided into multiple offices but can be easily opened up to create a showroom-style layout. The lot offers 148 feet of frontage on Shelburne Road and 128 feet of depth on Brewer Parkway. This investment package includes some vacancy that makes it particularly attractive for an owner-user who can occupy approximately 2,334 SF of commercial space while collecting rent from the six residential units. Additional highlights include onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License

    Details

    8,136 Sq Ft

    0.43 Private Acres Lot Size

    commercial

    MLS/Listing ID 5071098

    8 Units

    Amenities & Features

    Parking - Garage

    Parking - On Site

    Lot - Corner Lot

    Lot - Landscaped

    Stone

    Cooling - Central Air

    Construction - Wood Frame

    Lot - Sidewalks

    Poured Concrete

    Estimate my mortgage

    TOTAL MONTHLY COST

    US$0

    • PRINCIPAL & INTEREST

      US$0

    • PROPERTY TAXES

      US$0

    • Common Charges

      US$0

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    Interested In 938-950 Shelburne Rd?