101 Union Street Winooski, Vermont 05404

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For Sale Status
$1,350,000 Price
Multi Type
21 Beds
8 Baths
10,804 Sqft
Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman

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Winooski is a small riverside city that was once a thriving mill town. The word “Winooski” is Abenaki and translates to “onion”, so residents fondly refer to Winooski as the Onion City. The town consists of a total area of 1.5 square...

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Winooski Multi Family Portfolio

Winooski Vermont- High Performing Rental Portfolio. Consisting of 3 buildings located on the corner of West Lane/Mallets Bay Ave and 101 Union St. with 10,804 sq. ft., 9 units and 24 bedrooms. Strong financials at an 8.5%+ Cap Rate with significant upside on below market rent. This portfolio represents a special opportunity for prospective buyers to acquire 3 Multi Family buildings in Winooski, one of Vermont's most sought-after locations. (Note: Unit 9 is a 3BR for $1600/mo. at 101 Union Street).

Property Location

Property Details

MLS#  4855410 Bedrooms  21 Garage Size   Car
List Price  1,350,000 Total Bathrooms  8 Year Built  1910
Type  Multi-Family Lot Size  0.2400 Acres Taxes $20,870
Units  9 Stories  2 Road Frontage  
Annual Income  $159,300 Style  Apartment Building, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  10,804 Sqft Construction  No, Existing
Zoning   Residential Above Grade  10,804 Sqft Seasonal  No
Total Rooms  21 Below Grade  0 Sqft List Date  Apr 13th, 2021
Gross Income  $159,300 Operating Expenses  $0 Net Income  $115,386
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,275/Monthly Unit 2   3 Beds, 1 Baths, $1,600/Monthly
Unit 3   3 Beds, 1 Baths, $1,600/Monthly Unit 4   2 Beds, 1 Baths, $1,250/Monthly
Unit 5   3 Beds, 1 Baths, $1,550/Monthly Unit 6   3 Beds, 1 Baths, $1,550/Monthly
Unit 7   2 Beds, 1 Baths, $1,250/Monthly Unit 8   3 Beds, 1 Baths, $1,600/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Vinyl Siding, Wood Siding Disability Features  
Foundation  Stone House Color  
Floors   Building Certifications  
Roof  Rolled, Shingle HERS Index  
Lot Description, City Lot
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Baseboard, Wall Units, Space Heater, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Rented, Owned Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  777-246-11625