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    44-46 Sherman St Burlington, VT 05401

    For Sale
    $659,000

    Multi-Family - Burlington, VT

    Property size:
    2,976 SF
    Lot size:
    0.12 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 44-46 Sherman St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential- Medium Dens
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    4
    Parking
    1
    Parking features
    Garage
    EntryLevel
    Unit 4: 2,Unit 1: 1,Unit 2: 2,Unit 3: 1
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    2,976 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Floor Furnace, Hot Water (Heating), Natural Gas, Other (Heating)

    Building Details

    Year built
    1899
    Floors in Building
    2
    Number of units
    4
    Roof type
    Slate
    Architectural style
    Other

    KW Vermont (802) 654-8500 [email protected]

    Listing agent Louise Johnson (802) 654-8500

    Listing date Oct 21, 2025

    MLS# 5066581 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakefront Multi-Unit Investment Opportunity

    This multi-unit property presents an investment opportunity in a centralized location on a corner lot. The property offers views of Lake Champlain and the New York Adirondack Mountains. Situated in downtown Burlington, Vermont, the location provides access to public transportation, sidewalks, and a recreational path. The property is also near shopping, dining, the University of Vermont (UVM), and the UVM Medical Center. The property has a healthy rental history and long-term tenants. The lot size is 0.12 acres and the property size is 2976 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Chittenden
    State
    Vermont
    Longitude
    -73.2194368
    Latitude
    44.4822027

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    FAQs

    What type of property is this?
    Quadplex - Multi-unit property with lake views in downtown Burlington, VT.
    Where is this quadplex located?
    The property is located at 44-46 Sherman St Burlington, VT.
    What is the asking price?
    The asking price for this property is $659,000.
    What are key features of this property?
    This property features: - Unobstructed LAKEFRONT VIEWS of Lake Champlain and the Adirondack Mountains.; - Prime downtown location on a CORNER LOT.; - Multi-unit property with a healthy rental history and long-term tenants.
    (802) 654-8500
    Request Owner's contact information
    44-46 Sherman St Burlington, VT 05401
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    Burlington, VT 05401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    44-46 Sherman St Burlington, VT 05401
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