40 Gorge Road, Winooski, VT, 05404 | $289,900

Location, Location, Location! Private setting close to I-89, UVM and St. Micheal's College Colchester campus. Walk to downtown. Enjoy privacy and potential in this cute bungalow-ranch surrounded by mature trees. This property offers a wonderful opportunity for renovation and customization. The efficient floor plan features two bedrooms and spacious living room, hardwood flooring, a full bath, and an eat-in kitchen which opens to the living room that invites the sun for most of the day. This home is ready to be re-imagined into your personal vision . A full daylight basement provides great storage and potential for future living space. Special Bonus! A detached spacious 3-season room to enjoy weekend breakfast or entertain friends, and covered parking keeps your car dry and snow-free. Step outside to a private yard ideal for future landscaping ideas. A sought-after location for recreation and commuting, steps to public transportation, and just minutes to restaurants, Winooski river walk, UVM Medical Center, BTV airport, downtown Burlington, shopping, University of Vermont, CCV, and more!. Bring your ideas and make this property shine!

Features

  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Style: Single Level
  • Year Built: 1957
  • Heating: Natural Gas,Hot Water
  • Cooling: None
  • Basement: Daylight,Full,Exterior Stairs,Interior Stairs,Unfinished,Interior Access,Exterior Access
  • Approx Sq. Feet: 728
  • Acreage: 0.13
  • Est. Taxes: $6,161
  • Lot Desc: Neighborhood,Near Public Transportatn,Near Hospital
  • School District: Winooski School District
  • MLS#: 5065201
  • Website: https://www.raveis.com
    /prop/5065201/40gorgeroad_winooski_vt?source=qrflyer
©2025 New England Real Estate Network, Inc. All rights reserved.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 12/9/2025
Listing courtesy of Champagne Real Estate   Phone: 802-372-4500
Listing Agent: Janice Battaline

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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To learn more about our credentials, visit raveis.com today.

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
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Gorge Road, Winooski, VT, 05404

$289,900

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $231,920 $231,920 $231,920
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.571% 6.533% 5.668%
Monthly Tax Payment $513 $513 $513
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,372 $1,447 $1,880
Total Monthly Payment $1,960 $2,035 $2,468

* 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.