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  • Listed by: Cannizzaro Real Estate • Paul Cannizzaro
    $2,200,000

    938-950 Shelburne Road, South Burlington, VT 05403

    10beds
    8,136sqft
    : 
    $15,173/mo
    Get pre-qualified
    Multi Family
    Built in 1966
    -- sqft lot
    $1,971,300 Zestimate®
    $270/sqft
    $-- HOA

    What's special

    Full heated basementStrong curb appealAdditional garage door accessOnsite parking
    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
    65 days
    |
    145
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Cannizzaro,

    Cannizzaro Real Estate 802-862-9700

    Source: PrimeMLS,MLS#: 5071105MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 7
      • Full bathrooms: 7
      Heating
      • Natural Gas, Hot Air
      Cooling
      • Central Air
      Features
      • Basement: Bulkhead,Climate Controlled,Concrete Floor,Full,Insulated,Interior Stairs,Storage Space,Walkout,Exterior Entry,Basement Stairs,Interior Entry
      Interior area
      • Total structure area: 10,470
      • Total interior livable area: 8,136 sqft
      • Finished area above ground: 8,136
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved, Auto Open, Heated Garage, Garage, On Site, Parking Spaces 11 - 20
      • Garage spaces: 1
      Features
      • Levels: Two
      • Frontage length: Road frontage: 148
      Lot
      • Size: 0.43 Acres
      • Features: City Lot, Corner Lot, Curbing, Landscaped, Level, Neighbor Business, Sidewalks, Near Shopping, Near Public Transit, Near Hospital, Near School(s)
      Details
      • Zoning description: Higher Scale Mixed

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Brick Exterior, Wood Siding
      • Foundation: Poured Concrete, Stone
      • Roof: Architectural Shingle
      Condition
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable at Site, Gas On-Site

      Community & HOA

      Location
      • Region: South Burlington

      Financial & listing details

      • Price per square foot: $270/sqft
      • Annual tax amount: $25,538
      • Date on market: 6/10/2026

        Estimated market value

        $1,971,300

        $1.87M - $2.07M

        $1,734/mo

        Price history

        DateEventPrice
        5/26/2026Listed for sale$2,200,000$270/sqft
        Source: PrimeMLS #5090950 Report a problem
        5/2/2026Listing removed$2,200,000$270/sqft
        Source: PrimeMLS #5071105 Report a problem
        12/3/2025Listed for sale$2,200,000$270/sqft
        Source: PrimeMLS #5071105 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 05403

        Getting around

        74 / 100
        Very Walkable
        30 / 100
        Some Transit
        75 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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