77 Malletts Bay Avenue Winooski, Vermont 05404 MLS# 4830330

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Sold Status

$290,000 Sold Price

Multi Type

4 Beds

2 Baths

1,968 Sqft

Listed By Elise Polli of KW Vermont
Sold By KW Vermont
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Winooski

77 Malletts Bay Avenue

Excellent investment opportunity! This duplex has 2 units, each with 2 bedrooms and 1 bathroom, with eat-in kitchens and living room space. Unit A is upstairs and includes a back porch, Unit B is on the 1st floor. Updates include all new windows on 1st floor, mostly new windows on 2nd floor, updated oak kitchen cabinets, and new shingles (2007). Located less than half a mile from downtown Winooski. This property has off-street parking for 2-3 cars, separate entrances for each unit, a backyard with a shed and raspberry bushes, and is located in a walkable neighborhood consisting mostly of small-scale detached residential properties. The street consists of residential and small scale mixed-use properties as you get closer to the downtown core. Close to public transportation, the library and community center, parks, restaurants and shopping. This property is located in Winooski’s Gateway Zoning District, and is 1 of 3 major corridors that are part of the future proposed focus for the City. Part of the proposed Winooski visioning for this corridor includes optimizing multi-modal transportation, defining and enhancing mixed-use development, and celebrating the City’s cultural and historical heritage. Whether a first-time investor, or seasoned veteran, this duplex is the perfect opportunity to have a stake in this burgeoning Vermont city. Very limited showings.

Property Location

77 Malletts Bay Avenue Winooski

Property Details

Sold Price  $290,000 Sold Date  Dec 17th, 2020
List Price  285,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1890
MLS#  4830330 Lot Size  0.04 Acres Taxes $5,580
Type  Multi-Family Days on Market  1520 Days Tax Year 2019
Units  2 Stories  2 Road Frontage  
Annual Income  $30,060 Style  Duplex Water Frontage  
Annual Expenses  $0 Finished  1,968 Sqft Construction  No, Existing
Zoning   Gateway Zoning District Above Grade  1,968 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Sep 23rd, 2020
Gross Income  $30,060 Operating Expenses  $0 Net Income  $19,139
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 960 SqFt, $1,200/Monthly Unit 2   2 Beds, 1 Baths, 960 SqFt, $1,305/Monthly
ConstructionWood Frame
Basement
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Slab - Concrete House Color  White
Floors  Vinyl, Carpet, Tile, Laminate Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsFrom the Winooski traffic circle, travel north on Main Street. Left onto Maple Street, then right onto Malletts Bay Avenue. The duplex will be on the right.
Lot DescriptionNo, Level, City Lot, Sidewalks, Near Bus/Shuttle, Shed
Garage & Parking  No, , , Driveway
Road Frontage   Water Access  
Driveway  Gravel, Dirt Water Type  
Flood Zone  No Water Body  
Zoning  Gateway Zoning District
School District  Winooski School District Middle  Winooski Middle/High School
Elementary  John F Kennedy Elementary High  Winooski High School
Heat Fuel   Excluded  
Heating/Cool  None, Individual Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Rented Financing  
Cable Co  Comcast/Xfinity Documents  
Electric  Circuit Breaker Tax ID  774-246-10907
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† The remarks published on this webpage originate from Listed By Elise Polli 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.