180 North Winooski Avenue

Burlington, VT 05401

$7,305,000
Price
—
Beds
19,131 Sq. Ft.
$382 / Sq. Ft.
19,131
Sq. Ft.
$382
per Sq. Ft.

Description

Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning...Capitalize on one of the most vibrant and sought-after rental markets in the United States. This student rental portfolio features 4 properties with 7 multi-family buildings comprising 19 units and 55 beds, plus a bonus subdivision opportunity for additional upside. Each property in this portfolio features updated interiors designed for tenant comfort and convenience as well as ease of maintenance. Modern finishes, energy-efficient appliances, and open layouts ensure these units appeal to discerning renters. Numerous upgrades and improvements, including a new 4-unit building with 12 bedrooms constructed in 2023 offering state-of-the-art, energy-efficient designs meeting the latest housing standards. Key investment advantages include newly built/renovated properties, long-term leases in prime Burlington locations. Burlington, Vermont, is a jewel in New England’s real estate market well known as the home to University of Vermont, Champlain College, St. Michael’s College, as well as the UVM Medical Center a renowned major regional hospital, all within 10 minutes to Burlington International Airport and Lake Champlain. This portfolio provides an excellent opportunity to benefit from steady rental income in a low-vacancy market, while also enjoying long-term value appreciation in one of New England’s strongest real estate markets.
  1. Listed by Lipkin Audette Team • Coldwell Banker Hickok and Boardman

Property Details for 180 North Winooski Avenue

Zoning
RM, RL, NMU
LISTING UPDATED: 12/13/2024 08:15 PM

Property Details for 180 North Winooski Avenue

StatusActive
MLS #5024258
Days on Market7
Taxes$92,392 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built2023
Lot Size1.23 AC / 53,578 SF
CountyChittenden County

Building Information for 180 North Winooski Avenue

Stories2Residences19Year Built2023Building Size-Lot Size1.23 AC / 53,578 SF

Property Information for 180 North Winooski Avenue

Summary
Location and General Information
  • City: Burlington
  • County: VT-Chittenden
  • Directions: Burlington Student Rental Portfolio: 180-186 N Winooski Ave,17 School St, 49-55 Chase St, 23 Isham St.
  • Latitude: 44.485358000001000
  • Longitude: -73.210611999999998
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip Code: 05401
Taxes and HOA Information
  • SPAN Number: 114-035-15145
  • Tax Year: 2024
  • Tax Year Notes: Combined
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Concrete
Property
Lot Information
  • Lot - Sqft: 53579.0
  • Lot Features: City Lot
  • Lot Size Acres: 1.23
  • Square Feet Apx Finished Above Grade: 19131.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 19131.0
  • Square Feet Apx Total Finished: 19131.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Unknown
  • Foundation: Brick, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 2023
Utilities
  • Electric Company: Burlington Electric
  • Fuel Company: VT Gas
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame
  • Roof: Shingle - Asphalt, Slate
Interior Features
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Heating: Hot Air, Hot Water
  • Cooling: None
  • Total Stories: 2.5
Multi Family
Income & Expenses Information
  • Gross Income: $454,200.00
  • Net Income: $362,303.00
  • Operating Expense Incl: Insurance, Maintenance, Other, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $91,897
Multi-Family Information
  • Total Units: 19
  • Total 1 BR Units: 2
  • Total 2 BR Units: 5
  • Total 3+ BR Units: 12
Unit Information
Unit 1
  • Unit 1 Level Number: See I&E
Unit 2
  • Unit 2 Level Number: See I&E
Unit 3
  • Unit 3 Level Number: See I&E
Unit 4
  • Unit 4 Level Number: See I&E
Unit 5
  • Unit 5 Level Number: See I&E
Unit 6
  • Unit 6 Level Number: See I&E
Unit 7
  • Unit 7 Level Number: See I&E
Unit 8
  • Unit 8 Level Number: See I&E

Property History for 180 North Winooski Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 180 North Winooski Avenue

This home is within Burlington School District.
Rating
School
Type
Grades
Distance
Edmunds Elementary School
Public - PK to 5
Edmunds Middle School
Public - 6 to 8
Burlington Senior High School
Public - 9 to 12
Burlington Technical Center
Public - 9 to 12
Rating
School
Distance
Edmunds Elementary School
PublicPK to 5

Edmunds Middle School
Public6 to 8

Burlington Senior High School
Public9 to 12

Burlington Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 180 North Winooski Avenue, Burlington, VT 05401

180 North Winooski Avenue is a multi-family home for sale in Burlington, VT 05401. This property was listed for sale on December 10, 2024 by Coldwell Banker Hickok and Boardman, it's currently listed at $7,305,000. This listing's school district is Burlington School District. Nearby schools include Edmunds Elementary School, Edmunds Middle School and Burlington Senior High School. 180 North Winooski Avenue is a 0-bed, 0-bath, 19,131 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Hickok and Boardman

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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. Data last updated 12/18/2024 08:34 AM