$1,124,000
$15K PRICE DROP

Estimated payment $7,385/month

Total Views 19,638
8 Beds
5 Baths
5,040 Sq Ft
$223 Price per Sq Ft

Highlights

  • Softwood Flooring
  • Space Heater
  • 3-minute walk to Little Park

About This Home

Welcome to 197-203 North Winooski Avenue, a distinguished staple Commercial/Residential investment property in the center of the O.N.E. of Burlington, VT. This historic building seamlessly blends residential comfort with the joys of commercial offerings, making it an exceptional investment opportunity. Located on the corner of N Winooski Ave and Crombie St it is a high traffic building due to the popular bakery located on the first level that has offered its neighborhood exceptional treats, beverages, vibes and so much more for so many years that we all have grown to love. This property contains a first level commercial space and 4 prime residential units on the second and third levels. The commercial space boasts a prime retail/kitchen space that sprawls at 1,680 sq/ft with 2 half bathrooms, office, ample storage space, retail counter, full kitchen and has access into the buildings full basement. Being in a prime location the storefront gathers significant foot traffic on a daily basis. Each residential unit boasts spacious layouts with abundant natural light, hardwood floors, and modern amenities, ensuring tenant satisfaction. The residential units all are 840 sq/ft that offer 2 bedrooms, 1 bathroom, private deck, storage, separate entries and so much more. The O.N.E. is renowned for its rich history and dynamic community, making this property highly desirable for both residential and commercial tenants. Make sure to book your showing today! Great investment opportunity!

Listing Agent

The Conroy Group

KW Vermont License #081.0004452

KW Vermont

Co-Listing Agent

Isaiah Donaldson

KW Vermont License #082.0134518

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Home Design

  • Wood Frame Construction
  • Asbestos Siding

Interior Spaces

  • Softwood Flooring
  • Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Schools

  • Integrated Arts Academy Elementary School
  • Edmunds Middle School
  • Burlington High School

Utilities

  • Space Heater
  • Wall Furnace
  • Individual Controls for Heating
  • Gas Available

Community Details

  • Gross Income $85,560

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1910
  • Architectural Style: Apartment Building, Multi-Family, Other
  • Road Frontage Type: Paved, Public, Public Maintained Road
  • Co List Office Mls Id: 1844-0
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 5040.0
  • Unit Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Domestic, Water Heater–Natural Gas, Water Heater – Owned, Water Heater – Separate
  • Total Bedrooms: 8
  • Flooring: Hardwood, Softwood, Wood
  • Basement: Concrete Floor, Full, Other, Stairs - Interior, Storage Space, Unfinished, Interior Entry
  • Basement YN: Yes

Exterior Features

  • Driveway: None
  • Exterior Features: Balcony, Deck, Porch, Windows - Double Pane
  • Roof: Tar/Gravel
  • Easements: Unknown
  • Construction Type: Wood Frame, Asbestos Exterior
  • Waterfront: No
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Paved

Utilities

  • Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers, On-Site
  • Sewer: Public Sewer
  • Heating: Natural Gas, Individual, Space Heater, Wall Furnace
  • Cooling: None
  • Trash: Dumpster, Municipal, Owner, Private, Recycle
  • Utilities: Cable Connected, Gas - On-Site, Phone Connected, Other
  • Water Source: Public

Schools

  • Elementary School: Integrated Arts Academy
  • High School: Burlington High School
  • Middle Or Junior School: Edmunds Middle School

Lot Info

  • Surveyed: Yes
  • Zoning: CR
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178.0

Multi Family

  • Gross Income: 85560.0
  • Number Of Units Total: 5
  • Net Operating Income: 47374.0
  • Number Of Units Leased: 5
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 22432.52

Map

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
04/22/2025 04/22/25 Price Changed $1,124,000 -1.3% $223 / Sq Ft
04/14/2025 04/14/25 For Sale $1,139,000 0.0% $226 / Sq Ft
03/08/2025 03/08/25 Off Market $1,139,000 -- --
02/17/2025 02/17/25 For Sale $1,139,000 -- $226 / Sq Ft
Source: PrimeMLS

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Source: PrimeMLS

MLS Number: 5029628

PrimeMLS