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197-203 North Winooski Avenue, Burlington, VT, 05401 | $1,139,000
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!
Features
- Rooms: 16
- Bedrooms: 8
- Baths: 4 full
- Units: 5
- Style: Apartment Building,Multi-Family,Other
- Year Built: 1910
- Heating: Natural Gas,Individual,Space Heater,Wall Furnace
- Cooling: None
- Basement: Concrete Floor,Full,Other,Stairs - Interior,Storage Space,Unfinished,Interior Access
- Approx Sq. Feet: 5,040
- Acreage: 0.05
- Est. Taxes: $22,433
- Lot Desc: City Lot,Corner,Curbing,Level,Neighbor Business,Other,Sidewalks,Street Lights,Near Paths,Near Shopping,Near Public Transportatn,Near Hospital,Near School(s)
- Elem. School: Integrated Arts Academy
- Middle School: Edmunds Middle School
- High School: Burlington High School
- School District: Burlington School District
- MLS#: 5029628
- Website: https://www.raveis.com
/prop/5029628/197203northwinooskiavenue_burlington_vt?source=qrflyer
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 PrimMLS. 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 4/16/2025Listing courtesy of KW Vermont Phone: 802-654-8500
Listing Agent: The Conroy Group
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Brian SkellyVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 793093
203.415.2989
Brian.Skelly@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
197-203 North Winooski Avenue, Burlington, VT, 05401
$1,139,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Brian Skelly
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $911,200 | $911,200 | $911,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
| Monthly Tax Payment | $1,869 | $1,869 | $1,869 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,245 | $5,835 | $7,813 |
| Total Monthly Payment | $7,239 | $7,829 | $9,807 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484