507 Shelburne Street Burlington, VT

$565,000
Beds 1
Baths 2
Square Footage 2,270
Acres 0.18
Photo of 507 Shelburne Street Burlington VT 05401-5008




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, 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.


Listed by Blue Slate Realty, Kevin Holmes

Details

MLS 5014820
Price $565,000
Status Active
DOM 95 days
Type Multi-Family
Style Multi-Family, Other, Multi-Level
Beds 1
Total Baths 2 full baths
Square Feet 2,270 sqft
Lot Size 0.18 acres
Year Built 1936
Taxes Paid $12,552

Lot & Building Features

Appliances Water Heater – Electric
Utilities Cable, Gas - Underground
Construction Wood Frame
Cooling None
Heating Baseboard
Parking Description Driveway, Paved, Parking Spaces 6+, On-Site, Off Street
Sewer Public
Tax Year 2024
Taxes Paid $12,552
Water Public
Basement Description Concrete, Stairs - Interior
Foundation Block, Poured Concrete
Lot Description Level, Sidewalks, Neighbor Business, Near School(s)
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Info Appliances Included, Smoke Detector, Heat - Natural Gas, Cooktop - Electric
Unit 1 Level Number 2

Map

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Financing

$
20%
2.2216495575221%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.