44-46 Sherman St

Burlington, VT 05401

$659,000
Price
4
Beds
2,976 Sq. Ft.
$221 / Sq. Ft.
2,976
Sq. Ft.
$221
per Sq. Ft.

Description

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...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
  1. Listed by Louise Johnson • KW Vermont • Phone: 802-373-0759

Property Details for 44-46 Sherman Street

Water Body Type
Lake
Water View
Yes
Waterfront Property
No
Zoning
Residential- Medium Dens
LISTING UPDATED: 01/02/2026 06:20 PM

Property Details for 44-46 Sherman Street

StatusActive
MLS #5066581
Days on Market81
Taxes$12,369 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1899
Lot Size0.12 AC / 5,227 SF
CountyChittenden County

Location

Listing Courtesy of KW Vermont
Add your commute

Building Information for 44-46 Sherman Street

Stories2Residences4Year Built1899Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$4,243 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,212

Property Taxes

$1,031

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 44-46 Sherman Street

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-14895
  • Tax Year: 2025
  • Tax Year Notes: 24/25
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Crushed Stone
Property
Lot Information
  • Lot Features: City Lot, Corner, Lake View, Landscaped, Level, Sidewalks, Street Lights, Water View, Near Paths, Near Shopping, Near Public Transportatn, Near Hospital, Near School(s)
  • Lot Size Acres: 0.12
  • Water Body Access: No
  • Water Body Name: Lake Champlain
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1899
Utilities
  • Electric Company: Burlington Electric
  • Fuel Company: VT Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Gas On-Site, Underground Gas
  • Total Electric Meters: 4
  • Separate Utilities: Yes
  • Internet: Fiber Optic Internet, High Speed Intrnt at Site
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Slate
  • Total Ranges: 4
Interior Features
  • Appliances: Gas Water Heater, Natural Gas Water Heater, Owned Water Heater
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt, Interior Stairs, Storage Space, Unfinished
  • Total Full Baths: 4
  • Flooring: Combination
  • Heating: Natural Gas, Floor Furnace, Hot Water, Radiator
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 2
  • Total Water Heaters: 3
  • Trash: Dumpster, Owner
Multi Family
Income & Expenses Information
  • Gross Income: $79,740.00
  • Net Income: $57,866.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal, Water/Sewer
  • Operating Expense: $21,873
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 4
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Level Number: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $1,800.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Internet Service
  • Unit 1 Info: Appliances Included, Ceiling Fan, Electric, Furnished, Natural Gas Heat, Hot Water, Other, Porch, Electric Range, Refrigerator, Smoke Detector, Water Heater
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $1,425.00
  • Unit 2 Info: Appliances Included, Natural Gas Heat, Refrigerator, Smoke Detector, Water Heater
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water, Internet Service
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Level Number: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $1,795.00
  • Unit 3 Info: Appliances Included, Dryer, Natural Gas Heat, Hot Water, Refrigerator, Smoke Detector, Washer
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water, Internet Service
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Level Number: 2
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $1,500.00
  • Unit 4 Info: Appliances Included, Natural Gas Heat, Hot Water, Refrigerator, Smoke Detector
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water, Internet Service
Rental
Rent Information
  • Total Leases: 0

Property History for 44-46 Sherman Street

DateEvent & SourcePriceAppreciation
Oct 21, 2025

Listed (Active)

New England Real Estate Network #5066581

$659,000—
Aug 21, 2002

Sold

New England Real Estate Network #3014205

$202,000—
May 16, 2002

Pending

New England Real Estate Network #3014205

—
May 7, 2002

Listed (Active)

New England Real Estate Network #3014205

$189,000—
DateEvent & SourcePrice
10/21/2025

Listed (Active)

New England Real Estate Network #5066581

$659,000
08/21/2002

Sold

New England Real Estate Network #3014205

$202,000
05/16/2002

Pending

New England Real Estate Network #3014205

—
05/07/2002

Listed (Active)

New England Real Estate Network #3014205

$189,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 44-46 Sherman Street

Taxable ValueLand$247,600Additions$264,200Total$511,800
Tax Record2022$10,814 ($901 / month)
Home Facts
Total Finished SqFt2,976 SqFtAbove Grade Finished SqFt2,976 SqFtStories2Lot Size5,227 SqFtStyleMulti-Family Res (5+ Units)Year Built1899ZoningRMCountyCHITTENDENAPN(035) 044-2-034-000

Schools near 44-46 Sherman Street

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Sustainability Academy At Lawrence Barnes
Public - PK to 5
Lyman C. Hunt Middle School
Public - 6 to 8
Burlington Senior High School
Public - 9 to 12
Burlington Technical Center
Public - 9 to 12
Rating
School
Distance
Sustainability Academy At Lawrence Barnes
PublicPK to 5

Lyman C. Hunt Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 44-46 Sherman Street, Burlington, VT 05401

44-46 Sherman Street is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on October 21, 2025 by KW Vermont, it's currently listed at $659,000. It has been on the market for a total of 81 days and was last sold on August 21, 2002. This listing's school district is Burlington School District. Nearby schools include Sustainability Academy At Lawrence Barnes, Lyman C. Hunt Middle School and Burlington Senior High School. 44-46 Sherman Street is a 4-bed, 4-bath, 2,976 sqft multi-family home built in 1899.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KW Vermont

Copyright 2026 PrimeMLS, Inc. 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 01/11/2026 12:20 AM