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Extremely well maintained 3-unit Victorian in the heart of Downtown Burlington. A stone’s throw from Church Street with an excellent cap rate and strong tenant history. Upstairs you’ll find a large two-bedroom apartment that features high ceilings, built-ins, an updated kitchen and bath, as well as a spacious living room. There is also extra space for an office/den/mudroom. Downstairs you’ll find a large one bedroom and an updated studio apartment, each in great condition. Both the 1 & 2 bedroom units have washer and dryers. Many recent improvements/upgrades throughout the building, plenty of onsite parking and a location that can’t be beat!
Property Location
15 North Winooski Avenue Burlington
Property Details
Sold Price $683,000
Sold Date Feb 6th, 2023
List Price 680,000
Bedrooms 4
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 3
Year Built 1899
MLS# 4937867
Lot Size 0.1 Acres
Taxes $10,252
Type Multi-Family
Days on Market 726 Days
Tax Year 2022
Units 3
Stories 2
Road Frontage
Annual Income $70,200
Style Historic Vintage, Multi-Family, Victorian
Water Frontage
Annual Expenses $0
Finished 2,400 Sqft
Construction No, Existing
Zoning Residential High Density
Above Grade 2,400 Sqft
Seasonal No
Total Rooms 4
Below Grade 0 Sqft
List Date Nov 28th, 2022
Gross Income $70,200
Operating Expenses $0
Net Income $51,765
Expenses Includes
Unit 1 2 Beds, 1 Baths, 1,200 SqFt, $2,100/Monthly
DirectionsNorth on Route 7 (Shelburne Street in Burlington). At the new Roundabout, take the second "exit" to stay on Shelburne Street and then take a slight right to South Union Street. Left on Grant Street and left at the first cross street to North Winooski Ave. Property is on the right.
Lot DescriptionUnknown, City Lot, Sidewalks, Near Bus/Shuttle
Garage & Parking No, , , On Site, Assigned, 3-5 Spaces
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