2-Unit Duplex with Covered
New
For Sale
$419,000
25 River Street, Winooski, VT 05404
Each apartment has separate gas and electric service, laundry hookups, and off-street parking.
Property Size1,476 SF
Price / SF$283.88
Days on Market5
Property Features for 25 River Street
General Information
Standard status
Active
Size
1,476 SF
Property subtype
Multi Family Home
Zoning
Res
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
gas, electric
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$7,039
Amenities
off-street parking
covered porch
laundry hookups
stainless-steel gas range
Covered Porch
Building Details
Building Size
1,476 SF
Year Built
1900
Buildings
1
Stories
2
Units
2
Listing Agency:
Coldwell Banker Hickok And Boardman
(802) 863-1500
Listed By:
Lipkin Audette Team
(802) 846-8800
Source:
Harringtonvt
Added: Oct 22
Changed: Oct 24
Last Checked: Oct 24 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Hickok And Boardman
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Investment Insights
Based on property information with market context.
Built in 1900, this 1,476-square-foot duplex contains two apartments, each with two bedrooms and one bathroom. Both units have separate gas and electric service, laundry hookups, off-street parking, and a covered porch. One apartment is on a month-to-month lease. Updates include basement spray foam insulation, heating systems, water heaters, replacement windows, and a stainless-steel gas range in the first-floor unit.
The property is a few doors from a neighborhood market. Restaurants, coffee shops, local businesses, and a farmers market are among the nearby Winooski destinations. Downtown Burlington, area colleges, UVM Medical Center, Lake Champlain, and I-89 are also described as minutes away.
The property is a few doors from a neighborhood market. Restaurants, coffee shops, local businesses, and a farmers market are among the nearby Winooski destinations. Downtown Burlington, area colleges, UVM Medical Center, Lake Champlain, and I-89 are also described as minutes away.
Key Highlights
- Two apartments, each with 2 bedrooms and 1 bathroom
- 1,476 square feet; built in 1900
- One unit has a month‑to‑month lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,302
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,040
$326.0K
Cap Rate 7%
$232,886
$232.9K
Cap Rate 9%
$181,133
$181.1K
Market Conditions
NOI Build-Up for 1,476 SF
Gross rent
$23.6K $15.96/SF
− Vacancy
−$269 −$0.18/SF
EGI
$23.3K $15.78/SF
− OpEx
−$7.0K −$4.73/SF
NOI
$16.3K $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%
$326,040
Cap Rate 7%
$232,886
Cap Rate 9%
$181,133
Alternative Uses
Best Use
Multifamily LT 5
$232.9K
$203.8K – $271.7K
NOI $16,302 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$206.2K
$180.5K – $240.6K
NOI $14,437 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$404.8K
$354.2K – $472.3K
NOI $28,339 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each apartment has separate gas and electric service, laundry hookups, and off-street parking.
Where is this duplex located?
The property is located at 25 River Street Winooski, VT.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: Two apartments, each with 2 bedrooms and 1 bathroom; 1,476 square feet; built in 1900; One unit has a month‑to‑month lease
