262 North Street Winooski, Vermont 05404 MLS# 4946075

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Sold Status

$765,000 Sold Price

Multi Type

7 Beds

5 Baths

3,640 Sqft

Listed By Erin Dupuis of Vermont Real Estate Company
Sold By RE/MAX North Professionals

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262 North Street

Wonderful Investment opportunity with this 5-unit multi-family property AND .42 approved building lot in a desirable Winooski neighborhood. This building is fully rented with potential to increase current rental income. Property has been well maintained with numerous updates over the years. Included in the sale is very rare opportunity to purchase an open lot in Winooski. This property sits next to Landry Park and very close to the Myers Memorial Pool providing ample of options for outdoor enjoyment close to home. Conveniently located just minutes from Downtown Winooski offering shopping, retail and plentiful restaurants.

Property Location

262 North Street Winooski

Property Details

Sold Price  $765,000 Sold Date  May 12th, 2023
MLS#  4946075 Bedrooms  7 Garage Size   Car
List Price  749,000 Total Bathrooms  5 Year Built  1900
Type  Multi-Family Lot Size  0.9700 Acres Taxes $13,362
Units  5 Stories  2 Road Frontage  101
Annual Income  $69,600 Style  Converted, With Addition, Multi-Family, w/Addition Water Frontage  
Annual Expenses  $0 Finished  3,640 Sqft Construction  No, Existing
Zoning   R-A Above Grade  3,640 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Mar 21st, 2023
Gross Income  $69,600 Operating Expenses  $0 Net Income  $32,381
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,375/Monthly Unit 2   2 Beds, 1 Baths, $1,000/Monthly
Unit 3   1 Beds, 1 Baths, $1,050/Monthly Unit 4   1 Beds, 1 Baths, $1,275/Monthly
Unit 5   1 Beds, 1 Baths, $950/Monthly
ConstructionWood Frame, Other, Masonry
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior  Brick Disability Features  
Foundation  Stone, Concrete House Color  
Floors  Laminate, Carpet, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Lot Description, Subdivision, City Lot
Garage & Parking  No, , , Off Street, Off Street
Road Frontage  101 Water Access  
Driveway  Dirt Water Type  
Flood Zone  No Water Body  
Zoning  R-A
School District  Winooski School District Middle  Winooski Middle/High School
Elementary  Winooski Middle/High School High  Winooski High School
Heat Fuel   Excluded  
Heating/Cool  None, Direct Vent, Hot Air, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  774-246-11148

† The remarks published on this webpage originate from Listed By Erin Dupuis of Vermont Real Estate Company via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.