Courtesy Of Robert Foley Of Flat Fee Real Estate

131 Malletts Bay Ave

Winooski, VT 05404 View Map $469,000 Schedule a Tour
Sq.Ft.2,772
Year1920
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Status: Pending
Property Type:Multi-Family
MLS #:4828924
Sq. Feet:2,772
On Site:8 Days
Lot Size:0.23 Acres
County:Chittenden
3 unit building with potential for owner occupants and investors alike. Owner occupants could maximize the buildings potential by occupying one unit and leasing the other two or possibly do more profitable short term rentals for expense free living with significant additional income. For those looking for longer term tenants, the building has two oversized two bedrooms and a cozy 1 bedroom unit as well. The updates include a new roof (2020), newer flooring, vanities and other cosmetic improvements. Unit 1 is a well laid out 1 bedroom, 1 bath unit with off street parking. Unit 2 is a 2 bedroom, 1 bath unit with additional large office/den providing for even more possibilities. Unit 3 is a 2 bed, 2 bath with a covered porch. This building is situated on the east side of Malletts Bay so it is elevated and set back from the street providing a good deal of on-site privacy. There is an onsite parking area able to accommodate most if not all tenants. The grounds are landscaped and well maintained. A very unique multifamily property with many different options for making money and/or having a centrally located home with a mortgage paid by the rents of the other units. A great value and must see.

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$000 Monthly Payment
Loan and interest only. Taxes and insurance not included.

Detailed Maps

Community Information

Address:131 Malletts Bay Ave Winooski, VT 05404
County:Chittenden
City:Winooski
Zip Code:05404

School Information

School System:Winooski School District
High School:Winooski High School
Middle School:Winooski Middle/High School
Elementary School:Winooski Middle/High School

Architecture

Year Built:1920
Stories:3
Style:Multi-Family
Construction: Wood Frame
Exterior: Vinyl
Total Heat Units: 3
Unit 1: 1 bed, 1, bath
Unit 2: 2 beds, 1, bath
Unit 3: 2 beds, 2, baths
Roof: Shingle
Foundation: Stone
Basement: Apartments, Unfinished, Walkout, Interior Access

Features / Amenities

Exterior Features: Deck, Garden Space, Porch - Covered
Parking: Off Street, On-Site
Heating: Baseboard, Direct Vent, Hot Water, Space Heater
Heat Fuel: Gas - Natural
Water Heater: Gas - Natural

Square Footage

Finished Sq. Ft. Unfinished Sq. Ft.
Above Grade 2096 0
Below Grade 676 100
Non-Conforming 0 0
Total 2772 100

Property Features

Lot Size: 0.23 Acres / 10019 Sq. Ft.
Lot Description: City Lot
Utilities: Internet - Cable
Water: Public
Sewer: Public
Electric: Circuit Breaker(s)
Driveway: Paved
Roads: Public
Zoning:residential
Directions:Heading north on the right hand side parking area at top of hill/driveway

Tax and Financial Info

Tax - Gross Amount: $7,962
Tax Year: 2019
Gross Income: $60,000
Net Income: $45,000

Schools

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131 Malletts Bay Ave Winooski, VT 05404
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131 Malletts Bay Ave Winooski, VT 05404
 
ASAP
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Choose Your Date -- It's Free, Cancel Anytime
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Listing provided courtesy of Robert Foley, Flat Fee Real Estate.