Date
Details
Price
Change
Source
5/26/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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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. Five of the six res units have recent various updates. 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
Full Property Details
Full Property Details for 938-950 Shelburne Rd
General
- Price: $2,200,000
- Taxes: $25,648 (2025)
- Status: Active
- Type: Multi-Family
- Source: PrimeMLS
- MLS ID: 5090950
- Updated: 5/26/2026
- Added to Site: 2 day(s) ago
Rental Information
- Lease Terms: Unit1=Annual, Unit5=Annual,
Rooms
Bathrooms
- Total Bathrooms: 2
- 3/4 Bathrooms: 2
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking: Auto Open, Heated Garage, Garage, On-Site, Parking Spaces 11 - 20
Location
- County: Chittenden
- Condo Project Name: Monthly
- Driving Directions: Corner of Shelburne Road and Brewer Parkway
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Natural Gas, Hot Air
- Furnaces: 7
- Water Heaters: 7
Utilities
- Sewer: Public
- Trash: Dumpster, Recycle
- Separate Meters: Yes
- # Gas Meters: 7
- # Electric Meters: 10
Structural Information
- Construction Status: Existing
- Basement: Yes
- Basement Entrance: Interior
- Basement Desc.: Bulkhead, Climate-Controlled, Concrete Floor, Full, Insulated, Interior Stairs, Storage Space, Walkout, Exterior Access, Basement Stairs
- Roof: Architectural Shingle
- Stories/Levels: 2
- Finished Total: 8,136 Sq. Ft.
- Finished Above Grnd: 8,136 Sq. Ft.
- Year Built: 1966
Unit Information
- 1 Bedroom Units: 2
- 2 Bedroom Units: 4
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
Unit 1
- Unit Description: flat
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: flat
- Level: 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: flat
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Unit Description: Studio
- Level: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Unit Description: flat
- Includes/Amenities: Laundry Hookup
- Bedrooms: 2
Unit 6
- Unit Description: Studio
- Bedrooms: 1
Unit 7
- Total Rooms: 10
- Unit Description: Commerical Space
- Total Bathrooms: 1
Unit 8
- Total Rooms: 6
- Unit Description: Commerical
Lot Features
- Lot Size (Acres): 0.43
- Lot Size (Sq. Ft.): 18,731
- Frontage: Yes Road Frontage
- Frontage Feet: 148
- Driveway/Sidewalk: Paved
- Zoning: Higher Scale Mixed
Financial Considerations
- Price Per Sq. Ft.: $270.4
- Tax Amount: $25,648
- Tax Year: 2025
Disclosures and Reports
- Surveyed: Yes
- APN: 600-188-11034
Listed by Cannizzaro Real Estate, Paul Cannizzaro
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Listed by Cannizzaro Real Estate, Paul Cannizzaro
Listing agent
— 938-950 Shelburne Rd —
Paul Cannizzaro
Cannizzaro Real Estate
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 938-950 Shelburne Rd
Tax History
Tax History for 938-950 Shelburne Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,279
15%
$512,000
—
2022
$9,820
143%
$512,000
—
2020
$4,038
-58%
$512,000
186%
2021
$9,594
138%
$179,300
—
2019
$4,037
3%
$179,300
—
2018
$3,909
15%
$179,300
—
2017
$3,397
-8%
$179,300
—
2016
$3,707
1%
$179,300
—
2015
$3,674
—
$179,300
—
2015
$3,673
3%
$179,300
—
2014
$3,550
—
$179,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 938-950 Shelburne Rd
938-950 Shelburne Road, South Burlington, VT 05403 (MLS# 5090950) is a Multi-Family property with 8 units containing 0 bedrooms and 0 full bathrooms. 938-950 Shelburne Road is currently listed for $2,200,000 and was received on May 26, 2026. Want to learn more about 938-950 Shelburne Road? Do you have questions about finding other Multi-Family real estate for sale in South Burlington? You can browse all South Burlington real estate or contact a Coldwell Banker agent to request more information.