242 South Winooski Avenue Burlington, Vermont 05401 MLS# 4671283

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Sold Status

$2,025,000 Sold Price

Multi Type

17 Beds

18 Baths

12,656 Sqft

Listed By Andrea Champagne of Champagne Real Estate
Sold By Steve Lipkin of Coldwell Banker Hickok and Boardman
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242 South Winooski Avenue

Very close to downtown, UVM and Champlain College! Great rental history! Featuring 23 Bedrooms and 27 Baths!! In the brick building there is one 4 bedroom unit with three baths, and one 3 bedroom unit with 1 bath. In the original carriage house there are two 1 bedroom, 1 bath units. In 1985, two buildings were added to the site which include seven townhouse style 2 bedroom, 3 bath units. Each unit has off street parking included! Financial details for all 11 units are in the document section. †

Property Location

242 South Winooski Avenue Burlington

Property Details

Sold Price  $2,025,000 Sold Date  May 18th, 2018
List Price  2,300,000 Bedrooms  17 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  18 Year Built  1914
MLS#  4671283 Lot Size  0.56 Acres Taxes $39,979
Type  Multi-Family Days on Market  2530 Days Tax Year 2018
Units  11 Stories  2 Road Frontage  155
Annual Income  $208,800 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  12,656 Sqft Construction  No, Existing
Zoning   RM Above Grade  12,656 Sqft Seasonal  No
Total Rooms  17 Below Grade  0 Sqft List Date  Dec 18th, 2017
Gross Income  $208,800 Operating Expenses  $0 Net Income  $129,423
Expenses Includes 
Unit 1   4 Beds, 3 Baths, 1,600 SqFt, $0/Mo Unit 2   3 Beds, 1 Baths, 1,400 SqFt, $0/Mo
Unit 3   1 Beds, 1 Baths, 650 SqFt, $0/Mo Unit 4   1 Beds, 1 Baths, 700 SqFt, $0/Mo
Unit 5   2 Beds, 3 Baths, 1,152 SqFt, $0/Mo Unit 6   2 Beds, 3 Baths, 1,152 SqFt, $0/Mo
Unit 7   2 Beds, 3 Baths, 1,152 SqFt, $0/Mo Unit 8   2 Beds, 3 Baths, 1,152 SqFt, $0/Mo
ConstructionWood Frame
BasementWalkout, Unfinished
Interior Features
Exterior Features
Exterior  Wood, Vinyl, Brick Disability Features  
Foundation  Stone, Other, Stone House Color  Brick-Tan
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsFrom Main Street turn onto South Winooski Ave heading south. The building is on the left between Maple Street and Adams Street.
Lot Description, City Lot
Garage & Parking  No, , , Paved, 11-20 Spaces, On Site, Off Street
Road Frontage  155 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  RM
School District  Burlington School District Middle  Edmunds Middle School
Elementary  Edmunds Elementary School High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-17655
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† The remarks published on this webpage originate from Listed By Andrea Champagne of Champagne Real Estate 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.