Duplex Residence with Private
10-12 Shelburne St Burlington, VT 05401
For Sale
$439,000
Two-level residence with 2-bed/1-bath first floor and private rear entry to a 1-bed/1-bath suite.
Property Size2,008 SF
Price / SF$218.63
Days on Market81
Property Features for 10-12 Shelburne St
General Information
- Standard status
- Active
- Size
- 2,008 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1899
Listing Agency:
KW Vermont
(802) 999-8410
Listed By:
Isaiah Donaldson
(802) 999-8410
Source:
Elliman
Added: May 8
Changed: Jul 20
Last Checked: Jul 26 at 5:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Vermont
Investment Insights
Based on property information with market context.
This well-maintained, income-flexible residence offers approximately 2,008 sq. ft. of finished living space above grade with a layout that supports separate occupancy. The first floor features 2 bedrooms and 1 bathroom, while the second floor provides a private 1-bedroom, 1-bathroom suite. A dedicated rear entrance is already in place for split-occupancy.
Outside, the property includes an expansive front porch and a 3-season rear sunroom, plus a fenced backyard. An attached 1-car garage is currently being used as a large storage room, and the home also has a full basement with additional utility space that is partially finished. The location is in Burlington’s South End, with access to the Pine Street corridor, the South End Arts District, and City Market, along with proximity to the Burlington Bike Path and Oakledge Park.
Outside, the property includes an expansive front porch and a 3-season rear sunroom, plus a fenced backyard. An attached 1-car garage is currently being used as a large storage room, and the home also has a full basement with additional utility space that is partially finished. The location is in Burlington’s South End, with access to the Pine Street corridor, the South End Arts District, and City Market, along with proximity to the Burlington Bike Path and Oakledge Park.
Key Highlights
- Built in 1899 with 2,008 sq ft of finished living space above grade
- Flexible layout: First floor has 2 bedrooms and 1 bathroom; second floor has a private 1‑bedroom, 1‑bath suite
- Dedicated rear entrance already in place for split‑occupancy
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.0k | $15.96 |
| − Vacancy | −$365 | −$0.18 |
| EGI | $31.7k | $15.78 |
| − OpEx | −$9.5k | −$4.73 |
| NOI | $22.2k | $11.04 |
2,008 SF · lease $15.96/SF/yr · vacancy 1.14% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$316.8K
$277.2K – $369.6K
NOI $22,178 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$280.6K
$245.5K – $327.4K
NOI $19,641 @ 7.0% cap · market cap 4.47%
Theoretical Best
Office A
$550.8K
$481.9K – $642.6K
NOI $38,554 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-level residence with 2-bed/1-bath first floor and private rear entry to a 1-bed/1-bath suite.
Where is this duplex located?
The property is located at 10-12 Shelburne St Burlington, VT.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Built in 1899 with 2,008 sq ft of finished living space above grade; Flexible layout: First floor has 2 bedrooms and 1 bathroom; second floor has a private 1‑bedroom, 1‑bath suite; Dedicated rear entrance already in place for split‑occupancy
