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Courtesy of Louise Johnson of KW Vermont: Phone: 802-373-0759.

38 Sherman Street

Burlington, VT 05401
  • $735,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • MLS #: 5066580
Under Contract
UPDATED: 68 min ago
$735,000
  • 5
    BEDS
  • 0.24
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 2,102
    SQFT
  • $350
    $/SQFT
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

High School:
School District:

Description

INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property 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, 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 ample off street parking makes this a great investment opportunity. Listing Agent related to seller

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© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2025-12-14T23:05:24.25.
www.mcguirkproperties.com/homes/169093864
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38 Sherman Street Burlington, VT 05401

  • Price: $735,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • Updated: 68 min ago
  • MLS #: 5066580
5
Beds
5
Baths
0
½ Baths
0.24
Acres
2,102
SQFT
$350
$/SQFT
1920
Built
County:
Chittenden
Area:
Burlington
High School:
Burlington High School
School District:
Burlington School District
Property Description
INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property 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, 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 ample off street parking makes this a great investment opportunity. Listing Agent related to seller
Exterior Features

Architectural Style Apartment Building Construction Materials Wood Frame Driveway Crushed Stone Exterior Features Covered PorchWindow ScreensDouble Pane Window(s) Has Garage No Lot Features City LotLake ViewLevelMountain ViewSidewalksStreet LightsViewWater ViewNear PathsNear ShoppingNear Public TransportatnNear HospitalNear School(s) Parking AssignedDrivewayOff StreetUnpaved Road Frontage TBD Roof Shingle Water Body Access YN No Water Body Type Lake Water View YN Yes Waterfront Property No

Interior Features

Basement Access Type Walk-up Basement Description ConcreteDirtFullExterior StairsUnfinishedExterior Access Cooling None Flooring Combination Foundation Concrete Has Basement Yes Heating BaseboardElectricIndividual Total Ranges 4 Total Refrigerators 4 Total Water Heaters 4 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Electric Company Burlington Electric Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 84352 Possession At ClosingTenant Rights Pre Construction No Road Frontage Type PublicPublic Maintained Road Sale Includes Building Seasonal No Separate Utilities Yes Sewer Public Tax Gross Amount 11525.72 Tax Year 2025 Taxes Tbd No Total Electric Meters 6 Total Gas Meters 0 Total Leases 3 Total1 Bed Units 5 Total2 Bed Units 0 Total3 Plus Bed Units 0 Trash DumpsterOwner Unit1 Info Appliances IncludedCO DetectorHeatPorchElectric RangeRefrigeratorSmoke DetectorWater Heater Unit1 Rental Amount 1095 Unit1 Tenant Pays ElectricHeatHot WaterInternet Service Unit2 Info Appliances IncludedHeatPorchElectric RangeRefrigeratorSmoke DetectorWater Heater Unit2 Rental Amount 1575 Unit2 Tenant Pays ElectricHeatHot WaterInternet Service Unit3 Info Appliances IncludedElectricHeatPorchElectric RangeRefrigeratorSmoke DetectorWater Heater Unit3 Rental Amount 1450 Unit3 Tenant Pays ElectricHeatHot WaterInternet Service Unit4 Info ElectricHeatElectric RangeRefrigeratorSmoke DetectorWater Heater Unit4 Rental Amount 1575 Unit4 Tenant Pays ElectricHeatHot WaterInternet Service Unit5 Info Appliances IncludedCeiling FanElectricHeatElectric RangeRefrigeratorSmoke Detector Unit5 Rental Amount 1250 Unit5 Tenant Pays ElectricHeatHot WaterInternet Service Utilities Cable at SiteGas On-SiteUnderground Gas Water Source Public Zoning Residential Medium Dens

Courtesy of Louise Johnson of KW Vermont: Phone: 802-373-0759.


© Copyright 2025 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 2025-12-14T23:05:24.25.
 
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McGuirk Properties, LLC
95 Ocean Blvd
Hampton NH, 03842