88-92 Malletts Bay Winooski, Vermont 05404 MLS# 4484602

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Sold Status

$460,000 Sold Price

Multi Type

5 Beds

6 Baths

5,200 Sqft

Listed By Warren Palm of BHHS Vermont Realty Group/S Burlington
Sold By Signature Properties of Vermont
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88-92 Malletts Bay

Great numbers for the investor in this property. Very good rental history. 2 grade level commercial tenants; 4 residential units on 2nd floor; full 3rd floor attic. Full basement that is separated for use by each commercial tenant. Basements have insulated wrap on walls and are good dry storage areas. Building has updated windows, vinvyl siding and newly applied sealed rubberized roof. Tenants pay their own utilities and landlord pays trash, sewer, water, snow removal. Large building with large numbers very close to city center. †

Property Location

88-92 Malletts Bay Winooski

Property Details

Sold Price  $460,000 Sold Date  Dec 30th, 2016
List Price  477,000 Bedrooms  5 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1905
MLS#  4484602 Lot Size  0.11 Acres Taxes $8,846
Type  Multi-Family Days on Market  3136 Days Tax Year 2015
Units  6 Stories  3 Road Frontage  102
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $14,380 Finished  5,200 Sqft Construction  No, Existing
Zoning   res Above Grade  5,200 Sqft Seasonal  No
Total Rooms  5 Below Grade  0 Sqft List Date  Apr 21st, 2016
Gross Income  $0 Operating Expenses  $14,380 Net Income  $68,640
Expenses Includes 
Unit 1   0 Beds, 1 Baths, $900/Mo Unit 2   0 Beds, 1 Baths, $970/Mo
Unit 3   1 Beds, 1 Baths, $0/Mo Unit 4   1 Beds, 1 Baths, $0/Mo
Unit 5   2 Beds, 1 Baths, $0/Mo Unit 6   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementWalk-up, Unfinished, Storage Space, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone House Color  Beige
Floors  Vinyl, Carpet, Hardwood Building Certifications  
Roof  Membrane HERS Index  
DirectionsEthan Allen Hwy to West Spring St. Take West Spring to end and left onto Mallette Bay Ave. Property on right at corner of West Lane and Mallette Bay Ave.
Lot DescriptionCity Lot
Garage & Parking  No, 1-10 Spaces
Road Frontage  102 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  res
School District  Winooski School District Middle  Winooski Middle/High School
Elementary  John F Kennedy Elementary High  Winooski High School
Heat Fuel   Excluded  
Heating/Cool  Individual, Individual, Vented Gas Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Gas-Natural Financing  Other, Energy Rated, Cash Only
Cable Co  Comcast Documents  Deed
Electric  Circuit Breaker Tax ID  77424610910
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† The remarks published on this webpage originate from Listed By Warren Palm of BHHS Vermont Realty Group/S Burlington 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.