NOT LISTED FOR SALE

348 Main St Winooski, VT 05404

-- Bed
8 Baths
4,227 Sq Ft
0.49 Acres

Last Sold October 19, 2015

Last sale price $500,000 $118 Per Sq Ft

34 Days on Market

Highlights

  • 0.49 Acre Lot
  • Bathroom on Main Level
  • Baseboard Heating
  • Gazebo
  • Tile Flooring
  • Property is Fully Fenced

About This Home

As of October 2015

Owner financing available. Wonderful business opportunity PLUS fantastic income production potential. This property consists of 8--1BR efficiency units plus 2100 sq ft of established commercial space. Huge exposure on Main St (Rt7) and plenty of off street parking. Bring your vision and create your own success.Great property for an owner operator or investor, the business opportunity is huge for this site. Future Development potential?? Currently zoned C2--changes to this zoning designation are in the final stages of adoption which would mean even more opportunity and density-- Main Street is a primary commercial corridor and one of the" Gateways to Winooski": an exciting project focused on building form and land use on East Allen St (Route 15), Main St (Route 7) and Malletts Bay Ave.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.49 Acre Lot
  • Property is Fully Fenced
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4,227 Sq Ft Home
  • 1.5-Story Property
  • Unfinished Basement

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 8 Full Bathrooms

Parking

  • 1,120 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Gazebo

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 9 Units
  • Gross Income $86,400

Listing and Financial Details

  • Rent includes electric, heat, hot water, sewer, snow removal, trash, water

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Construction: Existing
  • Total Stories: 1.5
  • Sq Ft - Apx Total Finished: 4227
  • Property Type: Multi-Family
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Features Accessibility: 1st Floor 1/2 Bathroom, 1st Floor Full Bathroom
  • Flooring: Carpet, Tile
  • Full Bathrooms: 8
  • Total Rooms Above Ground: 11
  • Basement: Yes
  • Basement Description: Concrete, Slab, Unfinished
  • Sq Ft - Apx Finished AG: 4227

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Concrete, Slab w/ Frost Wall
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Features Exterior: Fence - Full, Fence - Partial, Gazebo

Garage/Parking

  • Parking: Parking Spaces 11 - 20

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - Natural
  • Heating: Baseboard, Hot Air, Hot Water
  • Total Heat Units: 2
  • Trash: Dumpster

Lot Info

  • Lot Sq Ft: 21344
  • Lot Acres: 0.49
  • Lot Description: City Lot
  • Zoning: C2

Rental Info

  • Rent Includes: Electric, Heat, Hot Water, Sewer, Snow Removal, Trash, Water

Multi Family

  • Gross Income: 86400
  • Total Units: 9
  • Total1 Bedroom Units: 8

Tax Info

  • Tax Year Notes: 15-16
  • Tax Gross Amount: 12633.59

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
10/19/2015 10/19/15 Sold $500,000 -23.1% $118 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $650,000 -- $154 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Map

Source: PrimeMLS

MLS Number: 4449571

PrimeMLS
Vermont Chittenden County Winooski 05404

348 Main St, Winooski, VT

Not Listed for Sale

MultiFamily

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