259 Main Street Winooski, Vermont 05404 MLS# 5004789

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For Sale Status

$349,000 List Price

Multi Type

2 Beds

2 Baths

1,391 Sqft

Listed By Sarah Harrington of Coldwell Banker Hickok & Boardman - (802)846-8811
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Winooski

Winooski duplex! Winooski duplex!
Enjoy breakfast on the porch! Enjoy breakfast on the porch!
Cozy contemporary living room Cozy contemporary living room
A great place to gather! A great place to gather!
Living room looking to kitchen Living room looking to kitchen
Kitchen looking to full bath Kitchen looking to full bath
Enjoy a nice meal together! Enjoy a nice meal together!
Lots of storage space! Lots of storage space!
Full bathroom off kitchen Full bathroom off kitchen
Full bathroom off kitchen Full bathroom off kitchen
Primary bedroom Primary bedroom
Office/closet space Office/closet space
Fantastic dual purpose space! Fantastic dual purpose space!
Great place to do work! Great place to do work!
Laundry room Laundry room
Large deck Large deck
Entrance to Unit A Entrance to Unit A
Building parking lot Building parking lot

Near the Vibrant Winooski Circle

Located in an unbeatable Winooski location, this duplex is just moments away from the vibrant Winooski Circle, home to many locally favored restaurants, bars, and shopping options. Enjoy year-round outdoor recreation at the nearby Winooski River Walk and Winooski Nature Trail. With easy access to Burlington, Colchester, and a short commute to colleges as well as a UVM Medical Center, this property is ideally situated for various lifestyles, making it a great property to owner-occupy or to have as an investment. The duplex features two 1-bedroom units, each with its own full bathroom. Unit 1 is currently rented and offers the potential for updates. Unit 2 is charming with nice upgrades and has been successfully used as a lucrative Airbnb as well as a short/long-term rental for visiting nurses. Unit 2 also comes with the option to purchase fully furnished, making it easy to restart as a short-term or long-term rental property. Each unit includes one parking space. Don't miss the opportunity to view this fantastic property - schedule a showing today!

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

259 Main Street Winooski

Property Details

List Price  349,000 Bedrooms  2 Garage Size   Car
Cooperation Fee  2.5% Total Bathrooms  2 Year Built  1900
MLS#  5004789 Lot Size  0.11 Acres Taxes $6,693
Type  Multi-Family Days on Market  133 Days Tax Year 2024
Units  2 Stories  2 Road Frontage  146
Annual Income  $40,800 Style   Water Frontage  
Annual Expenses  $0 Finished  1,391 Sqft Construction  No, Existing
Zoning   Residential Above Grade  1,391 Sqft Seasonal  No
Total Rooms  2 Below Grade  0 Sqft List Date  Jul 12th, 2024
Gross Income  $40,800 Operating Expenses  $0 Net Income  $29,623
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 652 SqFt, $900/Monthly Unit 2   1 Beds, 1 Baths, 739 SqFt, $0/Mo
Construction
BasementInterior, Unfinished, Full, Dirt, Crawl Space, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone House Color  Blue
Floors  Carpet, Laminate, Vinyl Plank Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description, Near Bus/Shuttle
Garage & Parking  No, Paved, On Site, Off Street, Paved
Road Frontage  146 Water Access  
Driveway  Paved, Common/Shared Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  Winooski School District Middle  Winooski Middle/High School
Elementary  John F Kennedy Elementary High  Winooski High School
Heat Fuel   Excluded  
Heating/Cool  None, Direct Vent, Individual, Individual Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Choice Documents  Property Disclosure, Deed
Electric  Circuit Breaker Tax ID  774-246-10860
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.