26 E Spring St Winooski, VT 05404

Price
Not For Sale
Last Update
Nov 4th, 2019
Type
Off Market
Status
Off Market
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12 Beds
4 Bath
3840 sqft
Off Market

Snapshot

Property Type
Apartment
Lot Size
0.35 acres
Property Sqft
3,840
MLS Number
4783956
Year Built
1910
Days On Market

Description

Don’t miss out! This turn key investment property boasts impressive potential returns and consistent rental income. With a projected 8.9% cap rate and 12.3% cash on cash return, you don't want to miss this opportunity! All the heavy lifting is done - new roof, vinyl siding & windows and renovated units! There is a vacant unit with a complete update, which could be great for an owner occupier. If you prefer to have the unit filled, our full time management team can start marketing the unit so the property is fully occupied at the time of purchase! With 0.35 acres, the lot is huge which is very uncommon for the surrounding area and the backyard lends itself to summer BBQs, a little R&R, and even lawn games! Tenants and their fur babies will love all this private space to roam. All units have high ceilings, are filled with sunlight, and are extremely spacious. Each unit has it's own unfinished, enclosed and insulated porch off the back for extra-added storage. Additionally, all units have its own washer/dryer hookups which tenants LOVE! You won’t find all of these perks at just any property! Tenants love the convenience of being close to downtown without being directly in the hustle and bustle of city living. The street feels private even though it is in close proximity to everything that Winooski and Burlington have to offer. It’s quiet enough to give tenants that small-town feel, while still being near all the diverse happenings that downtown is known for.

Features

Basement Basement

More Details

Provider
Preferred Properties
MLS ID
NNERENNH
MLS Name
New England Real Estate Network
MLS Number
4783956
Source
listhub
PARTICIPANT
Name
Ashley St. Gelais
Primary Phone
(802) 233-5589
Key
3YD-NNERENNH-615562
Email
Ashley@PreferredPropertiesVT.com
BROKER
Name
Preferred Properties
Phone
(802) 233-5589
OFFICE
Name
Preferred Properties
Phone
(802) 233-5589
Copyright © 2024 New England Real Estate Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listing Removed For Sale$698,000 $182Preferred Properties
Listed For Sale$698,000 $182Preferred Properties
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Nearby Schools

High School

Winooski High School

0.5 miles away09 - 12

Middle School

Winooski Middle School

0.5 miles away06 - 08

Elementary School

J. F. Kennedy Elementary School

0.5 miles awayPK - 05