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Lynne McGrath
REALTOR®
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938-950 Shelburne Road, South Burlington, VT 05403

$2,200,000
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Active
BEDS10 BATHS7 full SQUARE FEET8,136 MLS#5071105
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Cannizzaro Real Estate
Agency Phone: 802-862-9700
Associate Name: Paul Cannizzaro
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Property Description

See attached pro forma for numbers using market rents. 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 Fire Safety inspections have been completed, and the property is positioned for a business owner seeking a highly visible location w/ excellent signage, strong traffic counts, and easy self-management. Residential units are currently rented below market. 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 and 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. Onsite parking, excellent visibility with 30,000 CPD, strong curb appeal,signalized intersection. partner in seller group holds a broker License

938-950 Shelburne Road | MLS# 5071105

This multi-family property located at 938-950 Shelburne Road, South Burlington, VT 05403 is currently listed for sale with an asking price of $2,200,000. Search South Burlington real estate on lynnemcgrath.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Bulkhead, Climate Controlled, Concrete Floor, Full, Insulated, Interior Stairs, Storage Space, Walkout, Exterior Access, Basement Stairs
Cooling: Central AC
Garage: 1
Heating: Natural Gas, Hot Air
Home Style: Apartment Building, Multi-Family
Lot Size: 0.43 Acres
Roof Type: Architectural Shingle
Stories: 2.0
Taxes: $25,648
Year Built: 1966

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1975.00
Unit 2:
Bathroom(s): 1
Bedrooms: 2
Rent: $1800.00
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Rent: $1650.00
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $1300.00
Unit 5:
Bathroom(s): 1
Bedrooms: 2
Rent: $1000.00
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $1300.00
Unit 7:
Bathroom(s): 1
Rent: $3500.00
Unit 8:
Rent: $2500.00

Feature Descriptions

Construction: Wood Frame, Brick Exterior, Wood Siding
Construction Status: Existing
Days on Site: 140
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Brick Exterior, Wood Siding
Flood Zone: No
Foundation: Poured Concrete, Stone
Foundation: Poured Concrete, Stone
Lot: City Lot, Corner, Curbing, Landscaped, Level, Neighbor Business, Sidewalks, Near Shopping, Near Public Transportatn, Near Hospital, Near School(s)
Parking: Auto Open, Heated Garage, Garage, On-Site, Parking Spaces 11 - 20
Roads: Public
Sewer: Public
Sq. Ft. Total Finished: 8136
Total Stories: 2
Units: 8
Water: Public
Zoning: Higher Scale Mixed

Listed By / Shown By

Listed By

Agency Name: Cannizzaro Real Estate
Agency Phone: 802-862-9700
Agent Name: Paul Cannizzaro

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Shown By

Agent Name: Lynne McGrath
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group

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Estimated Payment

$ 7,675.25 per month $4,896.25 Principal & Interest $2,137.33 Property Tax $641.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/23/2026. The listing information on this page last changed on 04/23/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/23/2026 12:00:38 AM EST) or MLSPIN MLS (last updated Wed 04/22/2026 11:38:30 PM EST) or Prime MLS (last updated Wed 04/22/2026 11:33:16 PM EST) or MREIS (last updated Wed 04/22/2026 11:55:22 PM EST). Real estate listings held by brokerage firms other than Better Homes and Gardens Real Estate The Masiello Group may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-04-22 23:33:16

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Agency License Information: Better Homes and Gardens® and the Better Homes and Gardens Real Estate Logo are registered service marks owned by Meredith Corporation and licensed to Better Homes and Gardens Real Estate LLC. The Masiello Group Limited fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC nor any of its affiliated companies.


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