264 Malletts Bay Avenue Winooski, Vermont 05404 MLS# 4914775

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Sold Status

$1,175,000 Sold Price

Multi Type

12 Beds

6 Baths

6,840 Sqft

Listed By Renee Rainville of New Leaf Real Estate
Sold By Signature Properties of Vermont
✉ 🖶

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264 Malletts Bay Avenue

This is the perfect investment property consisting of long-term tenants! 6, two-bedroom rental units and a convenience store that is currently leased. All apartments are 2-bedroom, 1 bathroom. There is coin-op laundry in the basement that all tenants have access to as well as assigned/lockable store for each unit. Plenty of paved parking for the residential tenants and a separate parking lot for the convenience store. Lots of yard space out back. Easy walking distance to downtown Winooski. †

Property Location

264 Malletts Bay Avenue Winooski

Property Details

Sold Price  $1,175,000 Sold Date  Jan 27th, 2023
MLS#  4914775 Bedrooms  12 Garage Size   Car
List Price  1,350,000 Total Bathrooms  6 Year Built  1980
Type  Multi-Family Lot Size  0.7000 Acres Taxes $22,106
Units  6 Stories  2 Road Frontage  200
Annual Income  $141,000 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  6,840 Sqft Construction  No, Existing
Zoning   Commercial Above Grade  6,840 Sqft Seasonal  No
Total Rooms  12 Below Grade  0 Sqft List Date  Jun 9th, 2022
Gross Income  $141,000 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,550/Monthly Unit 2   2 Beds, 1 Baths, $1,550/Monthly
Unit 3   2 Beds, 1 Baths, $1,550/Monthly Unit 4   2 Beds, 1 Baths, $1,550/Monthly
Unit 5   2 Beds, 1 Baths, $1,550/Monthly Unit 6   2 Beds, 1 Baths, $1,400/Monthly
ConstructionWood Frame
BasementWalk-up, Assigned Storage, Unfinished, Full
Interior Features
Exterior Features
Exterior  Wood Disability Features  
Foundation  Concrete House Color  
Floors   Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom Main Street in Winooski take W Center Street which turns into Malletts Bay Avenue, Property on the left, see sign.
Lot Description, Level, City Lot, Landscaped, Major Road Frontage, Sidewalks
Garage & Parking  No, , , Paved, On Site, Paved
Road Frontage  200 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Commercial
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Monitor Type Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public, Metered ROW for Other Parcel  
Water Heater  Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  774-246-10951
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† The remarks published on this webpage originate from Listed By Renee Rainville of New Leaf Real Estate 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.