Seller's Agent in 2020
Rob Foley
Flat Fee Real Estate
(802) 881-6377
4 in this area
163 Total Sales
131 Malletts Bay Ave Winooski, VT 05404
Estimated Value: $558,000 - $661,508
5
Beds
4
Baths
2,096
Sq Ft
$283/Sq Ft
Est. Value
Highlights
- Deck
- Garden
- Space Heater
- Covered Patio or Porch
- Baseboard Heating
- 3-minute walk to Winooski Tracks
About This Home
As of November 20203 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.
Last Agent to Sell the Property
Flat Fee Real Estate License #081.0004496 Listed on: 09/16/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,962
Year Built
- Built in 1920
Lot Details
- 10,019 Sq Ft Lot
- Lot Sloped Up
- Garden
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 3-Story Property
Unfinished Basement
- Walk-Out Basement
- Walk-Up Access
- Interior Basement Entry
- Apartment Living Space in Basement
Parking
- Paved Parking
- On-Site Parking
- Off-Street Parking
Outdoor Features
- Deck
- Covered Patio or Porch
Schools
- Winooski Middle/High School
- Winooski High School
Utilities
- Space Heater
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
Community Details
Overview
- 3 Units
Building Details
- Gross Income $60,000
- Net Operating Income $45,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/19/2020 11/19/20 | Sold | $480,000 | +2.3% | $173 / Sq Ft |
| 09/19/2020 09/19/20 | Pending | -- | -- | -- |
| 09/16/2020 09/16/20 | For Sale | $469,000 | +67.5% | $169 / Sq Ft |
| 03/29/2013 03/29/13 | Sold | $280,000 | -3.4% | $101 / Sq Ft |
| 02/14/2013 02/14/13 | Pending | -- | -- | -- |
| 12/10/2012 12/10/12 | For Sale | $289,900 | -- | $105 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $557,200 | $222,500 | $334,700 |
| 2023 | -- | $282,500 | $111,300 | $171,200 |
| 2022 | $8,843 | $282,500 | $111,300 | $171,200 |
| 2021 | $8,781 | $282,500 | $111,300 | $171,200 |
| 2020 | $8,341 | $282,500 | $111,300 | $171,200 |
| 2019 | $7,963 | $282,500 | $111,300 | $171,200 |
| 2018 | $7,198 | $282,500 | $111,300 | $171,200 |
| 2017 | $7,351 | $282,500 | $111,300 | $171,200 |
| 2016 | $7,251 | $282,500 | $111,300 | $171,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Foley
-
Lipkin Audette Team
Buyer's Agent in 2020
Lipkin Audette Team
Coldwell Banker Hickok and Boardman
(802) 846-8800
46 in this area
1,125 Total Sales
-
Steve Lipkin
Seller's Agent in 2013
Steve Lipkin
Coldwell Banker Hickok and Boardman
(802) 846-9520
-
Jacqueline Marino
Buyer's Agent in 2013
Jacqueline Marino
RE/MAX
(800) 639-4520
1 in this area
93 Total Sales
Map
Source: PrimeMLS
MLS Number: 4828924
APN: (246) MB131
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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