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

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Tax Information

Tax Year2025

Basic Information

StatusACT
List Price$659,000
Date Price Change05/29/2026
MLS Number5091803
MLS StatusActive

Location

TownBurlington
StateVT
Zip05401
CountyChittenden
ZoningResidential- Medium Dens
High SchoolBurlington High School
Address44-46 Sherman Street
Flood Zone Y/NNo

Building

Year Built1899
Building ConstructionWood Frame
StyleApartment Building
Units4
Unit 1 Bath1
Unit 1 Bedrooms1
Unit 1 Floor Location1
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location2
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location1
Unit 4 Bath1
Unit 4 Floor Location2
# of 1 Bedrooms4
Bathroom4
Total Baths4
BasementDirt, Interior Stairs, Storage Space, Unfinished
FoundationBrick, Stone

Property

Acreage0.12
GarageYes
Parking Spaces1
Lot Description
- City Lot
- Corner
- Lake View
- Landscaped
- Level
- Near Hospital
- Near Paths
- Near Public Transportatn
- Near School(s)
- Near Shopping
- Sidewalks
- Street Lights
- Water View
Square Feet2,976
APX Fin AG Sqft2,976
RoadsPublic
AreaVT-Chittenden

Interior

FloorsCombination

Exterior

RoofSlate

Utilities

Heat SystemNatural Gas, Floor Furnace, Hot Water, Radiator
WaterPublic
Water HeaterGas Water Heater, Natural Gas Water Heater, Owned Water Heater
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesGas On-Site, Underground Gas

Amenities

Exterior AmenitiesBuilding, Covered Porch, Enclosed Porch, Window Screens, Double Pane Window(s)
PricePerSqFt221.44

Water Body

Water Body TypeLake
Water Body NameLake Champlain
Water AccessNo
Water ViewYes

Other

Taxes$12,369
Tax Year Notes24/25
Seasonal Y/NNo
Operating Expenses21873
TrashDumpster, Owner
Date Listed05/29/2026
Unit 1 Deposit$1,800
Unit 2 Rent Amount$1,425
Unit 3 Rent Amount$1,795
Unit 4 Rent amount$1,500

Copyright 2026 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 May 30, 2026 6:53 AM EDT

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