Views
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Address
26 & 29 West Spring Street Winooski, VT
Price
$ 2,830,000
Property Attributes
  • MLS#4856757
  • TypeMulti-Family
  • CountyCHITTENDEN
  • CityWinooski
  • AreaChittenden
  • Zip05404
  • StyleMulti-Family
  • Year Built1899
  • Taxes45016
  • Price$ 2,830,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12060
  • Lot Size0.63 Acres
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Data Source:
New England Real Estate Network
Property Description

Burlington and Winooski Vermont 4 Property Rental Portfolio. Consisting of 2 Multi Family buildings in the Old North End of Burlington and 2 on West Spring Street in Winooski with 12,060 sq. ft., 22 units and 32 bedrooms. Strong financials at an 8%+ Cap Rate with significant upside on below market rents. This portfolio represents a special opportunity for prospective buyers to acquire 4 Multi Family buildings in Burlington and Winooski at excellent value. (Note: please refer to the income and expense document attached to view rents and information).

Price History
4/21/2021 Listed $2,830,000

General Features

Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Exterior Features Balcony, Porch - Covered
Flood Zone Unknown
Garage Yes
Heating Hot Air, Wall Units
Listing Area VT-Chittenden
Net Income 225645
Price Per Sq Ft 234.66
Road Frontage TBD
Roof Shingle
Sewer Public
Status Active
Stories 3
Style Multi-Family
Tax Year 2020
Type Multi-Family
Utilities High Speed Intrnt -Avail
Water Public
Water Heater Owned
Year Built 1899
Zoning Residential

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Unfinished
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 12060
Sqft-apx Total 12060
Sqft-apx Total Finished 12060
Total 1 Br Units 13
Total 2 Br Units 8
Total 3+ Br Units 1
Total Number of Units 22

Exterior Features

Driveway Concrete
Exterior Vinyl Siding, Wood Siding
Foundation Stone
Garage Capacity 2
Garage Type Detached
Lot Description City Lot
Lot Size Area 0.63
Roads Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05404

Statistics provided by Inside Real Estate

Price
AVG $940K
$2.83M
Taxes
AVG $15,669
$45,016
Visits
AVG 11
12
Year Built
AVG 1925
1899

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.