938-950 Shelburne Rd

South Burlington, VT 05403

$2,200,000
Price
10
Beds
8,136 Sq. Ft.
$270 / Sq. Ft.
8,136
Sq. Ft.
$270
per Sq. Ft.

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. A recently renovated...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. A recently renovated 1,500± SF unit with new flooring, paint, and countertops is ready for occupancy. 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
  1. Listed by Paul Cannizzaro • Cannizzaro Real Estate

Property Details for 938-950 Shelburne Road

Zoning
Higher Scale Mixed
LISTING UPDATED: 12/03/2025 03:37 PM

Property Details for 938-950 Shelburne Road

StatusActive
MLS #5071105
Days on Market69
Taxes$25,648 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1966
Lot Size0.43 AC / 18,730 SF
CountyChittenden County

Location

Listing Courtesy of Cannizzaro Real Estate
Add your commute

Building Information for 938-950 Shelburne Road

Stories2Residences8Year Built1966Building Size-Lot Size0.43 AC / 18,730 SF

Payment Calculator

$12,860 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,722

Property Taxes

$2,137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 938-950 Shelburne Road

Summary
Location and General Information
  • City: South Burlington
  • County: VT-Chittenden
  • Directions: Corner of Shelburne Road and Brewer Parkway
  • Latitude: 44.443108463786558
  • Longitude: -73.209336084655774
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Road
  • Zip Code: 05403
Taxes and HOA Information
  • SPAN Number: 600-188-11034
  • Tax Year: 2025
  • Tax Year Notes: 25-26
  • Taxes TBD: No
Parking
  • Garage: Yes
  • Garage Capacity: 1.00
  • Driveway: Paved
Property
Lot Information
  • Lot Features: City Lot, Corner, Curbing, Landscaped, Level, Neighbor Business, Sidewalks, Near Shopping, Near Public Transportatn, Near Hospital, Near School(s)
  • Lot Size Acres: 0.43
  • Road Frontage Length: 148.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Yes
  • Year Built: 1966
Utilities
  • Electric Company: GMP
  • Fuel Company: Vermont Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable at Site, Gas On-Site
  • Total Gas Meters: 7
  • Total Electric Meters: 10
  • Internet: High Speed Intrnt at Site
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Brick Exterior, Wood Siding
  • Roof: Architectural Shingle
  • Total Ranges: 6
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Climate Controlled, Concrete Floor, Full, Insulated, Interior Stairs, Storage Space, Walkout, Exterior Access, Basement Stairs
  • Total Full Baths: 7
  • Heating: Natural Gas, Hot Air
  • Cooling: Central AC
  • Total Refrigerators: 6
  • Total Stories: 2
  • Total Water Heaters: 7
  • Trash: Dumpster, Recycle
Multi Family
Income & Expenses Information
  • Operating Expense Incl: Insurance, Maintenance, Snow Removal, Trash, Water/Sewer
Multi-Family Information
  • Total Units: 8
  • Total 1 BR Units: 2
  • Total 2 BR Units: 4
  • Total 3+ BR Units: 0
  • Total Heat Units: 7
Unit Information
Unit 1
  • Unit 1 Style: flat
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Level Number: 2
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Vacant
  • Unit 1 Rooms: 6
  • Unit 1 Rental Amount: $2,200.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water
  • Unit 1 Info: Laundry Hookup
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Style: flat
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 5
  • Unit 2 Status: Month to Month
  • Unit 2 Level Number: 2
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,200.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 5
  • Unit 3 Level Number: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Style: flat
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,650.00
  • Unit 3 Info: Laundry Hookup
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water
Unit 4
  • Unit 4 Lease Term: Annual
  • Unit 4 Level Number: 1
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Style: Studio
  • Unit 4 Rooms: 2
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $900.00
  • Unit 4 Tenant Pays: Electric, Heat, Hot Water
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Level Number: 2
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Month to Month
  • Unit 5 Style: flat
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Rooms: 5
  • Unit 5 Lease Term: Annual
  • Unit 5 Rental Amount: $1,000.00
  • Unit 5 Info: Laundry Hookup
  • Unit 5 Tenant Pays: Electric, Heat, Hot Water
Unit 6
  • Unit 6 Rental Agreement: Yes
  • Unit 6 Lease Term: Annual
  • Unit 6 Level Number: 2
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 1
  • Unit 6 Rooms: 3
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Month to Month
  • Unit 6 Style: Studio
  • Unit 6 Rental Amount: $900.00
  • Unit 6 Tenant Pays: Electric, Heat, Hot Water
Unit 7
  • Unit 7 Rooms: 10
  • Unit 7 Baths: 1
  • Unit 7 Rental Agreement: No
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Status: Vacant
  • Unit 7 Style: Commerical Space
  • Unit 7 Rental Amount: $3,500.00
Unit 8
  • Unit 8 Rental Amount: $2,500.00
  • Unit 8 Rental Amt Freq: Monthly
  • Unit 8 Status: Vacant
  • Unit 8 Style: Commerical
  • Unit 8 Rooms: 6

Property History for 938-950 Shelburne Road

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Listed (Active)

New England Real Estate Network #5071105

$2,200,000—
DateEvent & SourcePrice
12/03/2025

Listed (Active)

New England Real Estate Network #5071105

$2,200,000

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

Schools near 938-950 Shelburne Road

This home is within South Burlington School District.
Rating
School
Type
Grades
Distance
Orchard School
Public - PK to 5
Frederick H. Tuttle Middle School
Public - 6 to 8
South Burlington High School
Public - 9 to 12
Rick Marcotte Central School
Public - PK to 5
Rating
School
Distance
Orchard School
PublicPK to 5

Frederick H. Tuttle Middle School
Public6 to 8

South Burlington High School
Public9 to 12

Rick Marcotte Central School
PublicPK to 5

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 938-950 Shelburne Road, South Burlington, VT 05403

938-950 Shelburne Road is a multi-family home for sale in South Burlington, VT 05403. This property was listed for sale on December 3, 2025 by Cannizzaro Real Estate, it's currently listed at $2,200,000. This listing's school district is South Burlington School District. Nearby schools include Orchard School, Frederick H. Tuttle Middle School and South Burlington High School. 938-950 Shelburne Road is a 10-bed, 7-bath, 8,136 sqft multi-family home built in 1966.

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 Cannizzaro Real Estate

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 02/11/2026 05:26 AM