137 Shelburne StreetBurlington, VT 05401MLS Number 4701136

  • Price: $650,000
  • Est. Mortgage of $/month
  • 35 Days on Market
$/month over payments
Federal 30-year interest rate: 4.52% last updated on Jul 19, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.46Acreage
  • 4Bathroom
  • 1920Year Built
  • 3949Square Feet

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Burlington Investment Property with Great Returns This Burlington investment property has been owned and managed by Nedde Real Estate since its purchase in 2014 and is now fully leased with dependable, long term tenants. Updates include revitalizing the detached, 2-bay garage for rental purposes, new water heater tank in 2017 and new garage bay doors throughout. This work horse of an investment property brings in great returns and is being sold due to the disbanding of the ownership partnership. Features: Four 2-bedroom apartments, fully leased Two storage garage bays, fully leased Laundry room in basement with coin-op washer/dryer and new flooring Storage cages in basement adding value for tenants Charming apartment layouts with lots of natural light One apartment completely renovated New water heater tank installed in 2017 Ample parking for all tenants Tenants pay separately metered electricity Heat included in all rent See expense and NOI analysis attached

Listed by Christine Golden of Nedde Real Estate

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More Info


  • GarageAssigned, Leased
  • Parking Spaces6


  • Year Built1920
  • Building ConstructionOther
  • StyleConversion, Freestanding, Multi-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 Total Rooms5
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location3
  • Unit 3 Total Rooms5
  • Unit 4 Bath1
  • Unit 4 Floor Location1
  • Unit 4 Total Rooms5
  • # of 2 Bedrooms4
  • Bathroom4
  • Total Baths4
  • Basement
    • Concrete Floor
    • Daylight
    • Full
    • Insulated
    • Stairs - Interior
    • Storage - Assigned
    • Storage Space
    • Sump Pump
    • Walkout
  • FoundationSlab - Concrete

Basic Information

  • Date Listed06/18/2018
  • StatusPEN
  • Property TypeMulti-Family
  • List Price$650,000
  • Agent NameGolden
  • Broker NameNedde Real Estate
  • MLS Number4701136


  • Acreage0.46
  • Square Feet3949
  • APX Fin AG Sqft3949
  • RoadsPaved, Public
  • Lot DescriptionNear Shopping, Near Public Transportatn Landscaped


  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Hot Water, Multi Zone, Programmable Thermostat, Radiator
  • WaterPublic
  • Water HeaterGas - Natural, Included, Owned, Tank
  • ElectricCircuit Breaker(s)
  • SewerPublic


  • Seasonal Y/NNo
  • Operating Expenses
    • Electric
    • Exterior Maintenance
    • Garbage
    • Ground Maintenance
    • Heating Fuel
    • Insurance
    • Maintenance/Repairs
    • Snow Removal
    • Water/Sewer
  • TrashCans, Recycle
  • bloggingYes
  • Page135
  • Book1223
  • Delayed ShowingsNo
  • Number of Photos28
  • View Count8


  • Building Number137
  • StreetShelburne
  • TownBurlington
  • StateVT
  • Zip05401
  • CountyChittenden
  • Elementary SchoolChamplain Elementary School
  • Junior HighEdmunds Middle School
  • High SchoolBurlington High School
  • Flood Zone Y/NNo


  • FloorsCeramic Tile, Hardwood, Vinyl


  • ExteriorVinyl
  • RoofMetal, Shingle, Slate
  • Exterior ColorYellow


  • Exterior AmenitiesPorch - Covered, Porch - Screened, Storage
Signature Properties of Vermont Agents and Staff
Signature Properties of Vermont Agents and Staff
Office: 802.872.8881
1 Towne Marketplace Suite 18
Essex Junction, VT 05452

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Copyright 2018 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.



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