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Winooski Vermont- High Performing Rental Portfolio. Consisting of 3 buildings located on the corner of West Lane/Mallets Bay Ave and 101 Union St. with 10,804 sq. ft., 9 units and 24 bedrooms. Strong financials at an 8.5%+ Cap Rate with significant upside on below market rents. This portfolio represents a special opportunity for prospective buyers to acquire 3 Multi Family buildings in Winooski, one of Vermont's most sought-after locations. (Note: Unit 9 is a 3BR for $1600/mo. at 101 Union Street).

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Basic Information

  • StatusSLD
  • List Price$1,350,000
  • MLS Number4855410
  • MLS StatusClosed
  • Sale Date08/26/2021

Property

  • Acreage0.24
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet10,804
  • APX Fin AG Sqft10,804
  • RoadsPaved, Public

Other

  • Taxes$20,870
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,275
  • Unit 2 Rent Amount$1,600
  • Unit 3 Rent Amount$1,600
  • Unit 4 Rent amount$1,250
  • Unit 5 Rent amount$1,550
  • Unit 7 Rent amount$1,250
  • Unit 8 Rent amount$1,600
  • View Count3

Location

  • TownWinooski
  • StateVT
  • Zip05404
  • CountyChittenden
  • ZoningResidential
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorVinyl Siding, Wood Siding
  • RoofRolled, Shingle

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Hot Water, Space Heater, Wall Units
  • UtilitiesHigh Speed Intrnt -Avail
  • WaterPublic
  • Water HeaterOwned, Rented
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleApartment Building, Multi-Family
  • Units9
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Style7 West Lane
  • Unit 3 Bath1
  • Unit 3 Bedrooms3
  • Unit 3 Style7 West Lane
  • Unit 4 Bath1
  • Unit 4 Style7 West Lane
  • Unit 5 Baths1
  • Unit 5 Bedrooms3
  • Unit 6 Baths1
  • Unit 6 Bedrooms3
  • Unit 7 Baths1
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms3
  • Unit 8 Baths1
  • # of 3+ Bedrooms6
  • Unit 8 Bedrooms3
  • BasementUnfinished
  • FoundationStone

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. 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. Data last updated September 28, 2022 9:39 PM EDT.

 

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