26 & 29 West Spring Street Winooski, Vermont 05404

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For Sale Status
$2,830,000 Price
Multi Type
0 Beds
0 Baths
12,060 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman
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Winooski

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...

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65-69 North Champlain Portfolio

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).

Property Location

Property Details

MLS#  4856757 Bedrooms  0 Garage Size  2 Car
List Price  2,830,000 Total Bathrooms  0 Year Built  1899
Type  Multi-Family Lot Size  0.6300 Acres Taxes $45,016
Units  22 Stories  3 Road Frontage  
Annual Income  $309,840 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  12,060 Sqft Construction  No, Existing
Zoning   Residential Above Grade  12,060 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Apr 21st, 2021
Gross Income  $309,840 Operating Expenses  $0 Net Income  $225,645
Expenses Includes 
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding, Wood Siding Disability Features  
Foundation  Stone House Color  
Floors   Building Certifications  
Roof  Shingle HERS Index  
Directions
Lot Description, City Lot
Garage & Parking  Yes, ,
Road Frontage   Water Access  
Driveway  Concrete Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Wall Units, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  774-246-11642
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