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Great investment opportunity! Upstairs, 1 bedroom unit brings in $1000/ month; has just been fully renovated; brand new kitchen, bath, flooring, appliances and paint! The downstairs 3 bedroom unit brings in $1200/month. Larger downstairs unit has a spacious kitchen with lots of counter space and room for eat-in kitchen/dining room table. Master has an en suite full bath, large closet and sliding glass door out to wonderful sunroom overlooking the back yard. For your information; two bedrooms are connected, having to go through one, to get to the other. Each unit has separate utilities. Detached garage has power. Purchaser could rent both units or owner occupy one unit and have the other pay their mortgage! 7.5 capitalization rate!
Property Location
23 Franklin Street Winooski
Property Details
Sold Price $350,000
Sold Date Dec 11th, 2019
MLS# 4780161
Bedrooms 4
Garage Size 2 Car
List Price 330,000
Total Bathrooms 3
Year Built 1946
Type Multi-Family
Lot Size 0.1100 Acres
Taxes $6,577
Units 2
Stories 2
Road Frontage 75
Annual Income $28,000
Style Duplex
Water Frontage
Annual Expenses $0
Finished 1,770 Sqft
Construction No, Existing
Zoning Residential
Above Grade 1,770 Sqft
Seasonal No
Total Rooms 4
Below Grade 0 Sqft
List Date Oct 7th, 2019
Gross Income $28,000
Operating Expenses $0
Net Income $24,500
Expenses Includes
Unit 1 3 Beds, 2 Baths, 1,110 SqFt, $1,200/Monthly
Unit 2 1 Beds, 1 Baths, 660 SqFt, $1,000/Monthly
ConstructionWood Frame
BasementWalk-up, Partially Finished
Interior Features
Exterior Features
Exterior Vinyl
Disability Features
Foundation Concrete
House Color Tan
Floors Vinyl, Carpet, Hardwood
Building Certifications
Roof Shingle
HERS Index
DirectionsEast Allen Parkway to East Spring Street to Franklin Street.
Lot DescriptionUnknown, Trail/Near Trail, City Lot, Trail/Near Trail, Near Bus/Shuttle, Near Railroad, Near Hospital
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