3 months on rocket

507 Shelburne St, Burlington, VT, 05401

$565,000

0.18 Acres
$249/SqFt
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ParkingDriveway, Off Street, On-Site, Parking Spaces 6+, Paved
Year Built1936
HeatingBaseboard
CoolingNone
BasementYes
MLS #5014820
Lot Size0.18 Acres
StatusActive

About 507 Shelburne St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 2
  • Living Area: 2,270 SqFt

Listing Office:

  • Office Name: Blue Slate Realty
  • Office Phone: (802) 318-2647
  • Listing Agent: Kevin Holmes

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Other, Wood

Exterior Features

Parking Information:

  • Parking: Driveway, Off Street, On-Site, Parking Spaces 6+, Paved

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $249/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Burlington, VT.

Med. Sold Price

$515K

Med. Price/SqFt

$345

# of Sold Homes

18

507 Shelburne St vs Burlington

90 DAYS ON ROCKET

$565,000

+$50K More

$249/SqFt

-$96 Less

KEY TAKEAWAY

This property is $50K more than the Median Sold Price and $96/SqFt less than other homes in Burlington, VT.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #5014820

Listing Office:

  • Office Name: Blue Slate Realty
  • Office Phone: (802) 318-2647
  • Listing Agent: Kevin Holmes

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 8:21:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4223415
5
/10
  • Champlain Elementary School

  • 800 Pine St

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-4223416
6
/10
  • Orchard School

  • 2 Baldwin Ave

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-4223417
4
/10
  • Edmunds Elementary School

  • 299 Main St

  • 1.67 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,214. The most common annual income of people living in Burlington, VT is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Shelburne St

What is the listing price of this property?

The listing price of 507 Shelburne St property is $565,000.

What type of property is this?

The property 507 Shelburne St is land located in Burlington, Vermont, 05401.

Is this property for sale now?

Active Listing: 507 Shelburne St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 507 Shelburne St is 0.18 acres.
Rocket Homes logo

Interested in 507 Shelburne St? Let's connect.

Let Us Contact You

By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.


Rocket HomesVermontChittenden CountyBurlington05401507 Shelburne St

This home is located at 507 Shelburne St in Burlington, VT and zip code 05401 in the South End neighborhood. This 2,270 square foot home, which was built in 1936, sits on a 0.18 acre lot. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $565,000.

Over 5 listings were sold over their listed price in November 2024 in Burlington, VT. In the same period over 10 listings were sold below the listed price and 3 listings were sold for the listed price. In November 2024 in Burlington, VT there were 5.4% less homes for sale than in October 2024.

From Rocket Homes Real Estate and based on county public records data.

More Resources