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Townhouse-Style Duplex
New
For Sale
$439,000

20 Platt Street, Winooski, VT 05404

Multi-Family, Winooski, VT

Property Size2,832 SF
Lot Size0.17 Acres
Price / SF$155.01
Days on Market3

Property Features for 20 Platt Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-C
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Basement, Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 2
Lot features City Lot
Elementary school Winooski Middle/High School
Middle school Winooski Middle/High School
High school Winooski High School
Elementary school district Winooski School District
Middle school district Winooski School District
High school district Winooski School District
Standard status Active
Size 2,832 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 8922

Utilities

Utilities Cable Available
Water source Public

Amenities

enclosed porches
wood floors
private backyard

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Wood Frame
Roof type Shingle
Architectural style Other
Listing Agency: Kell and Company
Listed By: William Kell
Added: Oct 8 Last Checked: Oct 10 at 2:06PM
MLS# 5113503

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Winooski duplex contains two townhouse-style apartments with a combined 2,832 square feet of finished living area and six bedrooms. The property sits on a 0.17-acre lot and includes enclosed porches, wood floors, and a private backyard. Built in 1920, the building has wood-frame construction, a shingle roof, and public water service. Cable is available.

One apartment is currently rented; the other was recently vacated after a long-term tenancy. The property is zoned R-C.

Key Highlights

  • Two townhouse‑style apartments with six bedrooms combined
  • 2,832 square feet of finished living area
  • 0.17‑acre lot with a private backyard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,278
Cap Rate
7.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,560 $625.6K
Cap Rate 7%
$446,829 $446.8K
Cap Rate 9%
$347,533 $347.5K
Market Conditions
NOI Build-Up for 2,832 SF
Gross rent
$45.2K $15.96/SF
− Vacancy
−$515 −$0.18/SF
EGI
$44.7K $15.78/SF
− OpEx
−$13.4K −$4.73/SF
NOI
$31.3K $11.04/SF
Area
Chittenden County, VT
Vacancy
1.14%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,560
Cap Rate 7%
$446,829
Cap Rate 9%
$347,533

Alternative Uses

Best Use
Multifamily LT 5
$446.8K
$391.0K – $521.3K (±1% cap)
NOI $31,278 @ 7.0% cap · market cap 7.12%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K (±1% cap)
NOI $27,700 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$776.8K
$679.7K – $906.2K (±1% cap)
NOI $54,374 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage Barber Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

783
Businesses Nearby

Demographics for 05404, VT

7,981
Population
3,952
Households
2
Avg Household Size
34
Median Age
56%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
5,701
Density / Sq Mi
$77,020
Median Household Income
$42,254
Median Earnings
$1,635
Median Rent
$350,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - One apartment is rented, while the second is vacant and available for occupancy or a new tenancy.
Where is this duplex located?
The property is located at 20 Platt Street Winooski, VT.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two townhouse‑style apartments with six bedrooms combined; 2,832 square feet of finished living area; 0.17‑acre lot with a private backyard
More about this property
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