Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Address
101 Union Street Winooski, VT
Price
$ 1,350,000
Property Attributes
  • MLS#4855410
  • TypeContingent
  • CountyCHITTENDEN
  • CityWinooski
  • AreaChittenden
  • Zip05404
  • StyleApartment Building,Multi-Family
  • Year Built1910
  • Taxes$ 20870
  • Price$ 1,350,000
  • Bedrooms21
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage10804
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
Lipkin Audette Team with Coldwell Banker Hickok and Boardman.
Data Source:
New England Real Estate Network
Property Description

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).

Price History
4/13/2021 Listed $1,350,000

General Features

Basement Yes
Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Flood Zone Unknown
Garage No
Heating Baseboard, Hot Water, Space Heater, Wall Units
Listing Area VT-Chittenden
Net Income 115386
Price Per Sq Ft 124.95
Road Frontage TBD
Roof Rolled, Shingle
Sewer Public
Status Under Contract
Stories 2
Style Apartment Building, Multi-Family
Tax Year 2020
Type Multi-Family
Utilities High Speed Intrnt -Avail
Water Public
Water Heater Owned, Rented
Year Built 1910
Zoning Residential

Interior Features

Basement Access Type Interior
Basement Description Unfinished
Heating Fuel Gas - Natural
Sqft-apx Fin Above Grade 10804
Sqft-apx Total 10804
Sqft-apx Total Finished 10804
Total 2 Br Units 3
Total 3+ Br Units 6
Total Number of Units 9
Unit 1 Bedrooms 2
Unit 2 Bedrooms 3
Unit 3 Bedrooms 3
Unit 4 Bedrooms 2
Unit 5 Baths 1
Unit 5 Bedrooms 3
Unit 6 Baths 1
Unit 6 Bedrooms 3
Unit 7 Baths 1
Unit 7 Bedrooms 2
Unit 8 Baths 1
Unit 8 Bedrooms 3

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Unit 3 Baths 1
Unit 4 Baths 1
Driveway Paved
Exterior Vinyl Siding, Wood Siding
Foundation Stone
Lot Description City Lot
Lot Size Area 0.24
Roads Paved, Public
Unit 1 Style 7 West Lane
Unit 2 Style 7 West Lane
Unit 3 Style 7 West Lane
Unit 4 Style 7 West Lane
Unit 5 Style 94 Mallets Bay Ave
Unit 6 Style 94 Mallets Bay Ave
Unit 7 Style 94 Mallets Bay Ave
Unit 8 Style 101 Union Street

Amenities

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

Property vs Contingent Average in 05404

Statistics provided by Inside Real Estate

Price
AVG $530K
$1.35M
Taxes
AVG $9,169
$20,870
Visits
AVG 38
19
Year Built
AVG 1925
1910

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