44-46 Sherman Street, Burlington, VT, 05401
About This Home
INVESTOR'S DREAM: Lakefront Views & Prime Downtown Location! Seize a rare opportunity to own a highly desirable investment property located on a corner lot offering breathtaking, unobstructed views of majestic Lake Champlain and the towering New York Adirondack Mountains. This exceptional multi-unit property boasts a truly centralized location, putting your tenants in the heart of the action. Enjoy the ultimate convenience with public transportation, sidewalks, the scenic recreational path, and vibrant waterfront events literally outside your door. Easy access to the shopping, diverse dining options, the University of Vermont (UVM), and the UVM Medical Center. A healthy rental history and long-term tenants makes this a great investment opportunity. Listing Agent related to seller
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1899
Materials
- Foundation: Brick,Stone
- Roof: Slate
- Construction materials: Wood Frame
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater,Natural Gas Water Heater,Owned Water Heater
Basement
- Has basement: Yes
- Basement: Dirt,Interior Stairs,Storage Space,Unfinished,Interior Entry
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Features
- Window features: Screens,Double Pane Windows
- Flooring: Combination
- Finished area below ground: 0
- Finished area above ground: 2,976
Heating & Cooling
- Heating features: Natural Gas,Floor Furnace,Hot Water,Radiator
- Cooling features: None
Interior Area
- Total structure area: 4,110
- Total interior livable area: 2,976 sqft
Property
Details
- Parcel number: 11403514895
- Zoning description: Residential- Medium Dens
Features
- Levels: Two
- Patio & porch: Covered Porch,Enclosed Porch
- Exterior features: Building
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterbody name: Lake Champlain
Lot
- Lot size: 5,227 sqft
- Features: City Lot,Corner Lot,Landscaped,Level,Sidewalks,Street Lights,Near Paths,Near Shopping,Near Public Transit,Near Hospital,Near School(s)
Parking
- Total spaces: 1
- Parking features: Crushed Stone,Driveway,Garage,Off Street,Unpaved
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Winter Weather
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Vermont Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,332 | $39,984 |
| Home Insurance | $120 | $1,440 |
| Property Taxes | $0 | $0 |
| Electricity | $378 | $4,543 |
| Total | $3,830 | $45,960 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-29 | Listed for sale | $659,000 |
| 2026-01-27 | Listing removed | $659,000 |
| 2025-10-21 | Listed for sale | $659,000 |
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