Investment Property in Chittenden County, Vermont

MLS Number 4946075

• Multifamily
• Units 5
• Acreage 0.97
• Square Feet 3,640

Wonderful Investment opportunity with this 5-unit multi-family property AND .42 approved building lot in a desirable Winooski neighborhood. This building is fully rented with potential to increase current rental income. Property has been well maintained with numerous updates over the years. Included in the sale is very rare opportunity to purchase an open lot in Winooski. This property sits next to Landry Park and very close to the Myers Memorial Pool providing ample of options for outdoor enjoyment close to home. Conveniently located just minutes from Downtown Winooski offering shopping, retail and plentiful restaurants.

Listed by Erin Dupuis of Vermont Real Estate Company

MLS Number 4944745

• Multifamily
• Units 2
• Bathroom 2
• Acreage 0.11
• Square Feet 2,352

Built as a two family home, this well-maintained duplex is situated in a wonderful, convenient location. There are two separate entrances for the units as well as a separate staircase to the basement, where new washers and dryers are stationed. Each unit is a 2 bedroom 1 bathroom, with a dedicated dining room and living room space, along with hardwood floors throughout and updated bathrooms. The property still boasts charm from the 1920's, with built-ins, original trim and doors, beautiful wood details and double-hung windows. The full, walk-up attic is easily accessed from the second floor unit and is unfinished but could be remodeled to include an office, guest suite or bonus room. Both units have expansive front porches and smaller back porches. The garage is a two car garage and there is plenty of off-street parking. This could be a great property to be owner occupied while listing the other unit as short term rental.

Listed by Derek Eisenberg of Continental Real Estate Group,Inc.

MLS Number 4944178

• Multifamily
• Bathroom 2
• Units 2
• Acreage 0.04
• Square Feet 1,791

Old North End duplex offering a 3-bedroom, 1.5-bath apartment downstairs plus 1-bedroom, 1-bath upstairs. The downstairs unit had numerous renovations in 2019 and offers laundry in the basement. Separate utilities. Some off street parking. Located directly next door to Barrio Bakery to grab your morning coffee, baked goodie, or quick lunch! Great neighborhood just minutes to other restaurants, a yoga studio, local market, and more! Plus easy access to Church Street Marketplace, the Lake Champlain waterfront, colleges, and UVM Medical Center.

Listed by Lipkin Audette Team of Coldwell Banker Hickok and Boardman

MLS Number 4942821

• Multifamily
• Bathroom 3
• Units 3
• Square Feet 2,511
• Acreage 0.06

Listed by Anna Charlebois-Ouellett of BHHS Vermont Realty Group/S Burlington

MLS Number 4942613

• Multifamily
• Bathroom 4
• Units 3
• Square Feet 2,816
• Acreage 0.15

Wonderful Burlington, VT North End investment opportunity! With both a duplex-style and a single-family style building located on the same .15 /- acre lot, the property consists of 3 living units that share a huge driveway and parking area. All units are currently leased. The current gross income is $105,600 per year with total tax and operating expenses of $19,053 per year. By June 1, 2023, the seller anticipates income of $111,000 with a net of $91,947 for a cap rate at list price of almost 7%. The duplex features two 3-bedroom apartments with a basement storage area. The single-family style building is located at the back of the lot and offers 4 bedrooms, 2 bathrooms, a nice living area, a big kitchen, and a lovely front deck. Both buildings share a small yard with picnic benches for the tenants' shared enjoyment. Off-street parking is never an issue with the large driveway. Seller has historically repainted and made repairs to the units at each tenant changeout, and the units are in good condition. Seller is in the process of requesting an updated rental compliance inspection. Rental registry is due April 1. A new roof was installed on the duplex in 2021. Seller had 50% of the duplex exterior and 75% of the single-family exterior painted in 2020. The property is just before the intersection of Ward Street and North Ave. Easy access to the bus service, UVM, Champlain College, and hospital.

Listed by Curtis Trousdale and Michael Wrobel of Preferred Properties