156-160 North Winooski Avenue Burlington, Vermont 05401 MLS# 4752851

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Sold Status

$390,000 Sold Price

Multi Type

2 Beds

3 Baths

3,121 Sqft

Listed By Curtis Trousdale of Preferred Properties - Off: 802-862-9106
Sold By RE/MAX North Professionals
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Burlington

156-160 North Winooski Avenue

Known locally as the Flat Iron Building, this classic corner multi-use building is in the heart of the Old North End of Burlington. Currently fully leased, 2 commercial units and 1 residential unit. Commercial units currently include a well-known Café/Bar and a Food Market. The second-floor residential unit has 2 bedrooms and 1 bath. Property is located in a Neighborhood Mixed Use District. City indicates there are 3 on-site parking spaces and there is additional street parking nearby. City indicates a total of 3121 SF of finished space, full basement, Natural Gas and city water/sewer. City indicates square footage is split 1971 SF of commercial space and 1150 of residential space. Frontage on both N. Winooski Ave and North Street for great exposure. Come make this your next investment in the beautiful city of Burlington, Vermont.

Property Location

156-160 North Winooski Avenue Burlington

Property Details

Sold Price  $390,000 Sold Date  Nov 22nd, 2019
List Price  399,000 Bedrooms  2 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  3 Year Built  1899
MLS#  4752851 Lot Size  0.07 Acres Taxes $10,062
Type  Multi-Family Days on Market  2025 Days Tax Year 2019
Units  3 Stories  2 Road Frontage  117
Annual Income  $44,209 Style  Other Water Frontage  
Annual Expenses  $0 Finished  3,121 Sqft Construction  No, Existing
Zoning   Neighborhood & Mixed Use Above Grade  3,121 Sqft Seasonal  No
Total Rooms  2 Below Grade  0 Sqft List Date  May 7th, 2019
Gross Income  $44,209 Operating Expenses  $0 Net Income  $24,329
Expenses Includes 
Unit 1   0 Beds, 1 Baths, 821 SqFt, $0/Mo Unit 2   0 Beds, 1 Baths, 1,150 SqFt, $0/Mo
Unit 3   2 Beds, 1 Baths, 1,150 SqFt, $0/Mo
ConstructionMasonry
BasementInterior, Unfinished, Full, Unfinished, Exterior Access
Interior Features
Exterior Features
Exterior  Brick Disability Features  
Foundation  Brick, Stone House Color  Brick
Floors   Building Certifications  
Roof  Flat HERS Index  
DirectionsBuilding is on the corner of North Winooski and North Street. Best way is south on N. Winooski and park on the street before the intersection on the One-Way section. Commercial units are 156 & 160 N. Winooski, and residential is 264 North St. No Sign.
Lot DescriptionUnknown, Corner, City Lot, Sidewalks, Business District
Garage & Parking  No, , , On Street, On Site, 3 Parking Spaces
Road Frontage  117 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Neighborhood & Mixed Use
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Choice High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Vented Gas Heater, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co  Burlington Telecom Documents  Certificate CC/CO, Deed, Lease Agreements, Plat/Grid Map, State Wastewater Permit, Tax Map
Electric  Circuit Breaker Tax ID  114-035-15150
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† The remarks published on this webpage originate from Listed By Curtis Trousdale of Preferred Properties - Off: 802-862-9106 via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.