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
Active
Listed by: KW Vermont • Louise Johnson
$659,000
44-46 Sherman Street, Burlington, VT 05401
4beds
2,976sqft
Multi Family
Built in 1899
-- sqft lot
$615,600 Zestimate®
$221/sqft
$-- HOA
What's special
Lakefront viewsCorner lot
- 86 days |
- 659 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Louise Johnson,
KW Vermont Phone:802-373-0759
Source: PrimeMLS,MLS#: 5091803
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: $221/sqft
- Tax assessed value: $511,800
- Annual tax amount: $12,369
- Date on market: 5/29/2026
- Listing terms: Cash,Conventional
Estimated market value
$615,600
$585,000 - $646,000
$2,597/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 |
|---|---|---|
| 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 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 05401
Nearby schools
GreatSchools rating
- 7/10Sustainability Academy At Lawrence BarnesGrades: PK-5Distance: 0.2 mi
- 5/10Lyman C. Hunt Middle SchoolGrades: 6-8Distance: 2.6 mi
- 7/10Burlington Senior High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Burlington High School
- District: Burlington School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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