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    26 & 29 West Spring Street

    Winooski, VT 05404
    • $2,830,000
    • STATUS: Active
    • ON SITE: 18 days
    • MLS #: 4856757
    UPDATED: 54 min ago
    $2,830,000
    • 0
      BEDS
    • 0.63
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,060
      SQFT
    • $235
      $/SQFT
    Type:
    Multi-Family
    Built:
    1899
    County:
    Area:

    School Ratings & Info

    Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman.

    Description

    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).

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    © 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 2021-05-10T17:06:08.357.
    www.livingvermont.com/homes/116329258
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    26 & 29 West Spring Street Winooski, VT 05404

    • Price: $2,830,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 4856757
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.63
    Acres
    12,060
    SQFT
    $235
    $/SQFT
    1899
    Built
    County:
    Chittenden
    Area:
    Winooski
    Property Description
    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).
    Exterior Features

    Construction Wood Frame Driveway Concrete Exterior Vinyl SidingWood Siding Exterior Features BalconyPorch - Covered Garage Type2 Detached Has Garage Yes Lot Description City Lot Road Frontage Tbd Roads Public Roof Shingle Style Multi-Family

    Interior Features

    Basement Access Type Interior Basement Description Unfinished Cooling None Foundation Stone Has Basement Yes Heating Hot AirWall Units Water Heater Owned

    Property Features

    Auction No Construction Status Existing Electric Circuit Breaker(S) Flood Zone Unknown Gross Income 309840 Heat Fuel Gas - Natural Possession At ClosingTenant Rights Pre Construction No Seasonal No Sewer Public Tax Gross Amount 45016 Tax Year 2020 Taxes Tbd No Total1 Bed Units 13 Total2 Bed Units 8 Total3 Plus Bed Units 1 Utilities High Speed Intrnt -Avail Water Public Zoning Residential

    Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman.


    © 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 2021-05-10T17:06:08.357.
     
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    RE/MAX North Professionals
    553 Roosevelt highway suite 200
    Colchester VT, 05446
    Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman.