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$745,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Units
  • 0.11 Acres
  • 2 Car Garage
See This Home
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See This Home
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Excellent investment property. Duplex containing 3 beds 1 bath each. Located near UVM and Champlain Colleges as well as UVM Medical Center and School. It is also just a short walk to the vibrant Burlington Downtown and all it has to offer. Easy to rent. The off street parking is a huge plus when trying to attract young professional tenants. The southern part of South Winooski which this is definitely part of is quiet and also perfect for recent graduates. Improvements over the years include deck repairs, roof, furnace, flooring, cabinets, sinks, showers, paint in and out, and the most recent big repair was brand new windows. Open house will be held on Thursday 5-11-2023 from 1pm to 3pm. The tenants will vacate for this 2 hour window so just text and come. It is priced very aggressively so be prepared to submit your bid by the 14th of May at 5pm. Owner is a licensed real estate broker in VT. Tenants pay on time however will move out if I pay them. They will also sign a longer lease if that is your preference. I have a few videos, please text if you want to see them.

Full Property Details for 387-389 S Winooski Ave

General

  • Sold For: $745,000
  • Taxes: $10,850 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: PrimeMLS
  • MLS ID: 4951623
  • Added to Site: 1, 041 day(s) ago

Rental Information

  • Lease Terms: Unit1=Month to Month, Unit2=Month to Month,

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking: Garage, Parking Spaces 5 - 10

Location

  • County: Chittenden
  • Driving Directions: From Main Street in Burlington turn on to South Winooski Avenue until you reach 387 and it will be on the right.

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Gas Heater - Vented
  • Heating Fuel: Gas - Natural
  • Furnaces: 2
  • Water Heater: Gas
  • Water Heaters: 2

Utilities

  • Sewer: Public
  • Water: Public

Structural Information

  • Architectural Style: Duplex
  • Construction Status: Existing
  • Construction: Wood Frame
  • Exterior Const.: Asphalt, Wood Siding
  • Basement: Yes
  • Basement Entrance: Walkout
  • Basement Desc.: Concrete, Daylight, Storage Space, Exterior Access
  • Roof: Shingle - Asphalt
  • Stories/Levels: 2
  • Finished Total: 3,510 Sq. Ft.
  • Finished Above Grnd: 2,340 Sq. Ft.
  • Finished Below Grnd: 1,170 Sq. Ft.
  • Year Built: 1920

Unit Information

  • 3 Bedroom Units: 2
  • Units w/Refrigerators: 2
  • Units w/Range/Oven: 2

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 4,792
  • Frontage: TBD
  • Street/Road Desc.: Public
  • Driveway/Sidewalk: Concrete
  • Zoning: R2
  • Lot Description: City Lot

Financial Considerations

  • Price Per Sq. Ft.: $294.87
  • Tax Amount: $10,850.32
  • Tax Year: 2023

Disclosures and Reports

  • APN: 114-35-18381

Listed by Yellow Sign Commercial, Peter Yee
Sold by Yellow Sign Commercial, Peter. Yee

Listed by Yellow Sign Commercial, Peter Yee
Sold by Yellow Sign Commercial, Peter. Yee

Listing agent

— 387-389 S Winooski Ave —

  • Peter Yee

    Yellow Sign Commercial

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 387-389 S Winooski Ave

Date
Details
Price
Change
Source
7/07/2023
Sold
$745,000
7.97%
MLS
5/07/2023
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Yellow Sign Commercial, Peter Yee
Sold by Yellow Sign Commercial, Peter. Yee

387-389 South Winooski Avenue, Burlington, VT 05401 (MLS# 4951623) is a Multi-Family property that was sold at $745,000 on July 07, 2023. Want to learn more about 387-389 South Winooski Avenue? Do you have questions about finding other Multi-Family real estate for sale in Burlington? You can browse all Burlington real estate or contact a Coldwell Banker agent to request more information.