Multi-Family for Sale: 507 Shelburne Street, Burlington, VT 05401-5008

1 beds
2 full baths
2,270 sqft
$565,000
$565,000
507 Shelburne Street, Burlington, VT 05401-5008
1 beds
2 full baths
2,270 sqft
$565,000
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Price:
$565,000
$44,000 - 11/16/2024

Type Multi-Family
Style Multi-Family, Other, Multi-Level
Beds 1
Total Baths 2 full baths
Square Feet 2,270 sqft
Lot Size 0.18 acres
Year Built 1936
Taxes Paid $12,552

City Burlington
County Chittenden

MLS 5014820
Status Active
DOM 73 days
Imagine the perfect balance of work and life, right on the bustling Shelburne Street in Burlington! This versatile property, currently set up as achiropractor’s office, offers a prime location with visibility that businesses dream of. The commercial space boasts six treatment rooms—ideal for professionals—but can beeasily reimagined for your specific needs. Live above in the charming 1-bedroom apartment, currently rented month-to-month for $1,650, and let commercial rental incomeoffset your expenses, or flip the script and lease out the apartment while you run your own business downstairs. Whether you're an entrepreneur ready to take yourbusiness to the next level, or an investor seeking a high-traffic property with built-in income streams, this property offers the flexibility to make it happen. Opportunities likethis don't come around often—grab your chance to create the perfect live-work balance in one of Burlington’s hottest locations! Showings begin 9/14/24.

Lot & Building Features

Appliances Water Heater – Electric
Utilities Cable, Gas - Underground
Construction Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Baseboard
Parking Description Driveway, Paved, Parking Spaces 6+, On-Site, Off Street
Sewer Public
Tax Year 2024
Taxes Paid $12,552
Water Public
Basement Description Concrete, Stairs - Interior
Foundation Block, Poured Concrete
Lot Description Level, Sidewalks, Neighbor Business, Near School(s)
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Info Appliances Included, Smoke Detector, Heat - Natural Gas, Cooktop - Electric
Unit 1 Level Number 2

Price History of 507 Shelburne Street

Date Name Price Difference
11/16/2024 Price Adjustment $565,000 7.22%
09/09/2024 Listing Price $609,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 507 Shelburne Street, Burlington, VT

Location Map Street View
Photo of Rachael Brennan
Rachael Brennan
Marketing Director
Direct: 413-446-6479
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Blue Slate Realty, Kevin Holmes
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20%
2.2216495575221%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

507 Shelburne Street (MLS #5014820) is a multi-family listing located in Burlington, VT. This multi-family listing is 2,270 sqft and on a lot of 7,841 sqft (or 0.18 acres) with 1 bedrooms, 2 baths and is 88 years old. This property was listed on 09/18/2024 and has been priced for sale at $565,000.

Nearby zip codes are 05043, 05401, 05402, 05403 and 05482 0548. This property neighbors other cities such as Colchester, Essex Junction, Shelburne, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Blue Slate Realty

Copyright 2024 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 11/21/2024