62-64 West Spring Winooski, Vermont 05404 MLS# 4455915

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Sold Status

$420,000 Sold Price

Multi Type

8 Beds

4 Baths

2,493 Sqft

Listed By Brian Armstrong of KW Vermont
Sold By Sarah Harrington of Coldwell Banker Hickok and Boardman
✉ 🖶

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62-64 West Spring

Centrally located minutes from the Winooski rotary and down town Burlington, this property consists of two buildings, 4 units, a 2 car garage, and large yard with garden spaces. With a strong income stream and many long term tenants, this is a perfect property for investors new or experienced. One of the garage bays is currently rented out adding to the already strong income stream. With many recent improvements, and up to date EMP statements, this property has certificates of compliance through 2017! If you're looking to invest in a great property minutes from area schools, employers and more... this is the one you've been waiting for! †

Property Location

62-64 West Spring Winooski

Property Details

Sold Price  $420,000 Sold Date  Mar 29th, 2016
List Price  420,000 Bedrooms  8 Garage Size  2 Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1900
MLS#  4455915 Lot Size  0.25 Acres Taxes $8,254
Type  Multi-Family Days on Market  3328 Days Tax Year 15-16
Units  4 Stories  2 Road Frontage  100
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $27,323 Finished  2,493 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,493 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Oct 12th, 2015
Gross Income  $0 Operating Expenses  $27,323 Net Income  $54,420
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $1,375/Mo Unit 2   2 Beds, 1 Baths, $1,200/Mo
Unit 3   1 Beds, 1 Baths, $830/Mo Unit 4   2 Beds, 1 Baths, $1,090/Mo
ConstructionWood Frame
BasementPartial, Crawl Space
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  
Floors  Carpet Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsRoute 7 to West Spring Street. House on left.
Lot DescriptionCity Lot
Garage & Parking  Yes, Garage, 1-10 Spaces
Road Frontage  100 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  NA Middle  
Elementary   High  
Heat Fuel  Gas-Natural Excluded  
Heating/Cool  Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  All Financing Options
Cable Co   Documents  Certificate CC/CO, Deed, Property Disclosure
Electric  Circuit Breaker Tax ID  774-246-11645
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† The remarks published on this webpage originate from Listed By Brian Armstrong of KW Vermont 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.