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$ Principal & Interest
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Winooski is a small riverside city that was once a thriving mill town. The word “Winooski” is Abenaki and translates to “onion”, so residents fondly refer to Winooski as the Onion City. The town consists of a total area of 1.5 square...
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 rent. 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).
Garage Size Car
List Price 1,350,000
Total Bathrooms 8
Year Built 1910
Lot Size 0.2400 Acres
Annual Income $159,300
Style Apartment Building, Multi-Family
Annual Expenses $0
Finished 10,804 Sqft
Construction No, Existing
Above Grade 10,804 Sqft
Total Rooms 21
Below Grade 0 Sqft
List Date Apr 13th, 2021
Gross Income $159,300
Operating Expenses $0
Net Income $115,386
Unit 1 2 Beds, 1 Baths, $1,275/Monthly
Unit 2 3 Beds, 1 Baths, $1,600/Monthly
Unit 3 3 Beds, 1 Baths, $1,600/Monthly
Unit 4 2 Beds, 1 Baths, $1,250/Monthly
Unit 5 3 Beds, 1 Baths, $1,550/Monthly
Unit 6 3 Beds, 1 Baths, $1,550/Monthly
Unit 7 2 Beds, 1 Baths, $1,250/Monthly
Unit 8 3 Beds, 1 Baths, $1,600/Monthly
Exterior Vinyl Siding, Wood Siding
Roof Rolled, Shingle
Lot Description, City Lot
Garage & Parking No, ,
Flood Zone Unknown
School District NA
Heating/Cool None, Baseboard, Wall Units, Space Heater, Hot Water
Copyright 2021 New England Real Estate Network, 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 NEREN. 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 05-08-2021.