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Listed by: KW Vermont • Louise Johnson

Price cut: $20K (8/26)

$639,000

44-46 Sherman Street, Burlington, VT 05401

4beds

2,976sqft

$5,042/mo

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Multi Family

Built in 1899

-- sqft lot

$616,100 Zestimate^®

$215/sqft

$-- HOA

What's special

Lakefront viewsCorner lot

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

132 days
412
19

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Floor Furnace, Hot Water, Radiator

Cooling

None

Appliances

Included: Gas Water Heater, Natural Gas Water Heater, Owned Water Heater

Features

Flooring: Combination
Windows: Screens, Double Pane Windows
Basement: Dirt,Interior Stairs,Storage Space,Unfinished,Interior Entry

Interior area

Total structure area: 4,110
Total interior livable area: 2,976 sqft
Finished area above ground: 2,976
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Crushed Stone, Driveway, Garage, Off Street, Unpaved
Garage spaces: 1
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Covered Porch, Enclosed Porch
Exterior features: Building
Has view: Yes
View description: Water
Has water view: Yes
Water view: Water
Body of water: Lake Champlain

Lot

Size: 5,227 Square Feet
Features: City Lot, Corner Lot, Landscaped, Level, Sidewalks, Street Lights, Near Paths, Near Shopping, Near Public Transit, Near Hospital, Near School(s)

Details

Parcel number: 11403514895
Zoning description: Residential- Medium Dens

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame
Foundation: Brick, Stone
Roof: Slate

Condition

New construction: No
Year built: 1899

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Gas On-Site, Underground Gas

Community & HOA

Location

Region: Burlington

Financial & listing details

Price per square foot: $215/sqft
Tax assessed value: $511,800
Annual tax amount: $12,413
Date on market: 5/29/2026
Listing terms: Cash,Conventional

Estimated market value

$616,100

$585,000 - $647,000

$2,540/mo

Price history

Date	Event	Price
8/26/2026	Price change	$639,000-3%$215/sqft
Source: PrimeMLS #5091803 Report a problem
5/29/2026	Listed for sale	$659,000$221/sqft
Source: PrimeMLS #5091803 Report a problem
1/27/2026	Listing removed	$659,000$221/sqft
Source: PrimeMLS #5066581 Report a problem
10/21/2025	Listed for sale	$659,000$221/sqft
Source: PrimeMLS #5066581 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$12,095	$511,800
2024	--	$511,800
2023	--	$511,800
2022	--	$511,800
2021	--	$511,800 +56.7%
2020	--	$326,600
2019	--	$326,600
2018	--	$326,600
2017	$8,701 +20.1%	$326,600
2016	$7,243	$326,600 +10144.7%
2015	$7,243	$3,188
2014	$7,243	$3,188
2013	$7,243	$3,188
2012	--	$3,188
2011	--	$3,188
2010	--	$3,188
2009	--	$3,188 -6.2%
2008	--	$3,400
2007	--	$3,400
2006	--	$3,400