NOT LISTED FOR SALE

188 W Canal St Winooski, VT 05404

Estimated Value: $582,000 - $779,000

7 Beds
4 Baths
3,009 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $590,000 $196 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,542/month

198 Days on Market

Highlights

  • River Front
  • Wood Flooring
  • 2 Car Detached Garage
  • 0.69 Acre Lot
  • Covered Patio or Porch
  • Baseboard Heating

About This Home

As of October 2021

Great investment opportunity just down the street from Winooski Circle. Large lot (.69acres) with river frontage and ample off street parking. This 4 unit multi family property features four fully rented units with potential to increase current rental income. Property has been well maintained with numerous updates over the years. Building has been completely rewired. Located close to Interstate 89, hospital, and downtown Winooski.

Last Agent to Sell the Property

Jason Lefebvre

RE/MAX North Professionals License #081.0120682 Listed on: 03/16/2021

RE/MAX North Professionals

Last Buyer's Agent

Ryan Smith

Element Real Estate License #082.0134492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,576

Year Built

  • Built in 1900

Lot Details

  • 0.69 Acre Lot
  • River Front
  • Lot Sloped Up

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 3,009 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $16,983
  • Gross Income $50,400
  • Net Operating Income $33,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,576

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 3
  • Price Per Sq Ft: 196.08
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4021
  • Sq Ft - Apx Total Finished: 3009
  • Year Built: 1900
  • Remarks Public: Great investment opportunity just down the street from Winooski Circle. Large lot (.69acres) with river frontage and ample off street parking. This 4 unit multi family property features four fully rented units with potential to increase current rental income. Property has been well maintained with numerous updates over the years. Building has been completely rewired. Located close to Interstate 89, hospital, and downtown Winooski.
  • List Agent: 1834
  • L O1 Homesnapcom: Yes
  • S O1 Homesnapcom: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Vinyl
  • Total Rooms Above Ground: 20
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3009
  • Sq Ft - Apx Unfinished BG: 1012

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle, Slate
  • Features Exterior: Porch, Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Parking: Off Street, On Street
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 30056
  • Lot Acres: 0.69
  • Lot Description: City Lot, River Frontage
  • Surveyed: Unknown
  • Zoning: residential-C
  • Deed Page: 154-155

Multi Family

  • Gross Income: 50400
  • Net Income: 33416
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 11575.6
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $590,000 0.0% $196 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
04/26/2021 04/26/21 Off Market $590,000 -- --
04/23/2021 04/23/21 For Sale $590,000 0.0% $196 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $590,000 -- $196 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 -- $699,900 $333,000 $366,900
2023 -- $374,300 $166,500 $207,800
2022 $11,716 $374,300 $166,500 $207,800
2021 $11,944 $374,300 $166,500 $207,800
2020 $11,576 $374,300 $166,500 $207,800
2019 $10,980 $374,300 $166,500 $207,800
2018 $10,474 $374,300 $166,500 $207,800
2017 $10,148 $374,300 $166,500 $207,800
2016 $10,004 $374,300 $166,500 $207,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4851126

PrimeMLS

APN: (246) WC188