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, off street parking, and 4 storage bays for added potential rental income Don't miss the chance to acquire a property where premium location meets unparalleled scenic beauty and strong investment fundamentals! Perfect for a savvy investor looking for steady returns in a sought-after market.

More Info

Tax Information

Tax Year2025

Basic Information

Virtual TourView Tour
StatusActive With Contract
List Price$895,000
Date Price Change10/21/2025
MLS Number5066579
MLS StatusActive Under Contract

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningResidential Medium
High SchoolBurlington High School
Address30-32 Sherman Street
Flood Zone Y/NNo

Building

Year Built1899
Building ConstructionClapboard Exterior, Vinyl Siding
StyleApartment Building
Units4
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 1 Floor Location1
Unit 2 Bath1
Unit 2 Bedrooms2
Unit 2 Floor Location2
Unit 3 Bath1
Unit 3 Bedrooms3
Unit 3 Floor Location1
Unit 4 Bath1
Unit 4 Floor Location2
# of 2 Bedrooms3
# of 3+ Bedrooms1
Bathroom4
Total Baths4
BasementConcrete, Dirt, Full, Interior Stairs, Unfinished
FoundationBrick, Stone

Property

Acreage0.25
GarageNo
Parking Spaces
Lot Description
- Corner
- In Town
- Lake View
- Landscaped
- Level
- Near Paths
- Near Public Transportatn
- Near School(s)
- Near Shopping
- Sidewalks
- Street Lights
- View
- Water View
Square Feet3,808
APX Fin AG Sqft3,808
RoadsPaved, Public, Public Maintained Road
AreaVT-Chittenden

Interior

FloorsCombination

Exterior

RoofShingle

Utilities

Heat SystemNatural Gas, Baseboard, Radiator, Steam
WaterPublic
Water HeaterWater Heater off Boiler
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable at Site, Underground Gas, Telephone Available

Amenities

Exterior AmenitiesOutbuilding, Storage, Window Screens, Double Pane Window(s)
PricePerSqFt235.03

Water Body

Water Body TypeLake
Water Body NameLake Champlain
Water AccessNo
Water ViewYes

Other

Taxes$20,595.96
Tax Year Notes2024/2025
Seasonal Y/NNo
Operating Expenses31567
TrashDumpster, Owner
Date Listed10/21/2025
Unit 2 Rent Amount$2,150
Unit 3 Rent Amount$2,600
Unit 4 Rent amount$2,800

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 November 11, 2025 9:52 PM EST

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