82 Mallett's Bay Avenue Winooski, Vermont 05404 MLS# 4880854

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Sold Status

$808,500 Sold Price

Multi Type

7 Beds

6 Baths

3,104 Sqft

Listed By Norah Kell of Kell and Company
Sold By Kell and Company
✉ 🖶

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82 Mallett's Bay Avenue

Turn-key investment opportunity in Winooski's Gateway District. A total of 6 units: five unit apartment building plus a detached single family dwelling on single lot. 93K in gross income, tenants pay their own utilities. Great parking in back. Fully rented. 8.5% Cap Rate. Laundry hookups included in all the apartments. An excellent investment in the heart of Winooski. †

Property Location

82 Mallett's Bay Avenue Winooski

Property Details

Sold Price  $808,500 Sold Date  Dec 6th, 2021
MLS#  4880854 Bedrooms  7 Garage Size   Car
List Price  845,000 Total Bathrooms  6 Year Built  1890
Type  Multi-Family Lot Size  0.1600 Acres Taxes $13,111
Units  6 Stories  2 Road Frontage  
Annual Income  $93,000 Style  Detached, Farmhouse, Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,104 Sqft Construction  No, Existing
Zoning   Gateway Above Grade  3,104 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Sep 3rd, 2021
Gross Income  $93,000 Operating Expenses  $0 Net Income  $71,826
Expenses Includes 
Unit 1   1 Beds, 1 Baths, 600 SqFt, $1,200/Monthly Unit 2   1 Beds, 1 Baths, 600 SqFt, $1,300/Monthly
Unit 3   1 Beds, 1 Baths, 600 SqFt, $1,250/Monthly Unit 4   1 Beds, 1 Baths, $1,300/Monthly
Unit 5   1 Beds, 1 Baths, $1,100/Monthly Unit 6   2 Beds, 1 Baths, 864 SqFt, $1,600/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior  Metal, Vinyl Siding Disability Features  
Foundation  Stone House Color  yellow
Floors  Hardwood Building Certifications  
Roof  Metal HERS Index  
Directions
Lot DescriptionUnknown, City Lot
Garage & Parking  No, ,
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Gateway
School District  Winooski School District Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  Unknown
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  
Cable Co   Documents  Property Disclosure, Deed, Property Disclosure
Electric  Circuit Breaker Tax ID  774-246-10908
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† The remarks published on this webpage originate from Listed By Norah Kell of Kell and Company via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.