NOT LISTED FOR SALE

58 Elm St Winooski, VT 05404

Estimated Value: $756,342

7 Beds
4 Baths
2,395 Sq Ft
$316/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $495,000 $207 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,845/month

5 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Level Lot
  • 2 Car Detached Garage

About This Home

As of October 2019

Rare investor opportunity to own a turn-key duplex built in 2016 in the heart of Winooski. Fully leased through June 2020. Great numbers for passive income. Low maintenance property, energy efficient, two-car garage, 5 off-street parking places. Front unit – 4 bedrooms, 1 1⁄2 baths, Back unit – 3 bedrooms, 1 1⁄2 baths.

Last Agent to Sell the Property

Carolyn Weaver

KW Vermont License #082.0006303 Listed on: 08/26/2019

KW Vermont

Last Buyer's Agent

Aaron Chiaravelotti

KW Vermont License #082.0008470

KW Vermont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,522

Year Built

  • Built in 2016

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Winooski Middle/High School
  • Winooski High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $50,400
  • Net Operating Income $36,548

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,522

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Directions: Malletts Bay Ave to Elm St, house on left.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 2016
  • Architectural Style: Duplex
  • ResoLotFeatures: City Lot, Level
  • Road Frontage Type: Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2395.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2395
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 1193
  • SqFt_Apx_Total: 3588
  • Basement_Access_Type: Walkout
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater–Natural Gas, Water Heater – Owned
  • Total Bedrooms: 7
  • Basement: Full
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Exterior Features: Porch - Covered
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Concrete

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Detached, Parking Spaces 5

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Cable
  • Water Source: Public

Schools

  • High School: Winooski High School
  • Middle Or Junior School: Winooski Middle/High School

Lot Info

  • Surveyed: Unknown
  • Zoning: res
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4792.0

Multi Family

  • Gross Income: 50400.0
  • Number Of Units Total: 2
  • Net Operating Income: 36547.54
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9522.46

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
10/17/2019 10/17/19 Sold $495,000 0.0% $207 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $495,000 +725.0% $207 / Sq Ft
12/29/2014 12/29/14 Sold $60,000 -36.8% --
10/20/2014 10/20/14 Pending -- -- --
09/16/2014 09/16/14 For Sale $95,000 -- --
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 -- $642,100 $166,000 $476,100
2023 -- $324,600 $83,000 $241,600
2022 $10,261 $324,600 $83,000 $241,600
2021 $10,358 $324,600 $83,000 $241,600
2020 $10,039 $324,600 $83,000 $241,600
2019 $9,522 $324,600 $83,000 $241,600
2018 $9,084 $324,600 $83,000 $241,600
2017 $8,801 $98,000 $83,000 $15,000
2016 $4,739 $177,300 $83,000 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4772906

PrimeMLS

APN: (246) EL058