Potential and possibilities await the future owner of this charming Winooski fixer upper located on a quiet street and close to everything the City has to offer. Perfect as either a starter home or for its investment potential, this home has a lot to offer. You enter the first floor of the home through the enclosed porch which can double as a mudroom. The lower level of the home features a large open living area with hardwood floors and brick accent wall. The lower level also has an eat-in kitchen and the home's full bath. The upper level features three spacious bedrooms and large storage closet. In the basement you will find storage space as well as the home's boiler that was installed in 2023 and the electrical panel that was installed in 2019. Outside there is plenty of space for gardening and the home's detached oversized garage is perfect for those who need space for a wood shop or other hands-on endeavors. The City of Winooski boasts a vibrant downtown scene with restaurants, shops and more and not only is Burlington just across the River, it is an easy spot to jump on the Interstate to get to points both north and south. A great find and a must see.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $629 | $629 | $629 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,862 | $1,886 | $2,400 |
Total Monthly Payment | $2,566 | $2,590 | $3,104 |
* 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.