507 Shelburne Street

Burlington, VT 05401

$565,000
Price
1
Beds
2
Baths
2,270 Sq. Ft.
$249 / Sq. Ft.
2,270
Sq. Ft.
$249
per Sq. Ft.

Description

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,...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.
  1. Listed by Kevin Holmes • Blue Slate Realty

Property Details for 507 Shelburne Street

Parking
Driveway, Off Street, On-Site, Parking Spaces 6+, Paved
Zoning
commercial
LISTING UPDATED: 11/16/2024 12:46 PM

Property Details for 507 Shelburne Street

StatusActive
MLS #5014820
Days on Market73
Taxes$12,552 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1936
Lot Size0.18 AC / 7,840 SF
CountyChittenden County

Building Information for 507 Shelburne Street

Stories2Residences2Year Built1936Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 507 Shelburne Street

Summary
Location and General Information
  • Area Description: Commercial Zoning, In Town, Near Country Club, Near Golf Course, Near Hospital, Near Paths, Near Public Transportatn, Near Shopping, Neighborhood
  • City: Burlington
  • County: VT-Chittenden
  • Latitude: 44.451365246616867
  • Longitude: -73.209485923942552
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05401-5008
Taxes and HOA Information
  • SPAN Number: 114-035-19780
  • Tax Year: 2024
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 7841.0
  • Lot Features: Level, Neighbor Business, Sidewalks, Near School(s)
  • Lot Size Acres: 0.18
  • Square Feet Apx Finished Above Grade: 2270.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 3092.0
  • Square Feet Apx Total Finished: 2270.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 822.0
  • Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Block, Poured Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1936
Utilities
  • Electric Company: GMP
  • Cable Company: Xfinity
  • Fuel Company: VT Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable, Gas - Underground
  • Total Electric Meters: 2
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Color: Grey
  • Construction Materials: Wood Frame
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Total Ranges: 1
Interior Features
  • Appliances: Water Heater – Electric
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete, Stairs - Interior
  • Total Full Baths: 2
  • Flooring: Carpet, Other, Wood
  • Heat Fuel: Gas - Natural
  • Heating: Baseboard
  • Cooling: None
  • Total Stories: 2
  • Total Water Heaters: 1
Multi Family
Income & Expenses Information
  • Gross Income: $19,800.00
Multi-Family Information
  • Total Units: 2
  • Total 1 BR Units: 1
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
  • Total Heat Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Level Number: 2
  • Unit 1 Info: Appliances Included, Cooktop - Electric, Heat - Natural Gas, Smoke Detector

Property History for 507 Shelburne Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 507 Shelburne Street

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Champlain School
PublicPK to 5

Edmunds 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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507 Shelburne Street is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on September 9, 2024 by Blue Slate Realty, it's currently listed at $565,000. This listing's school district is Burlington School District. Nearby schools include Champlain School, Edmunds Middle School and Burlington Senior High School. 507 Shelburne Street is a 1-bed, 2-bath, 2,270 sqft multi-family home built in 1936.

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 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 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 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 11/21/2024 11:25 PM