Bought with A non PrimeMLS member • A Non PrimeMLS Agency
$823,500
$889,995
7.5%For more information regarding the value of a property, please contact us for a free consultation.
7 West LN Winooski, VT 05404
10 Beds
4 Baths
3,496 SqFt
Key Details
Sold Price $823,500
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,496 sqft
Price per Sqft $235
MLS Listing ID 5032224
Sold Date 06/12/25
Bedrooms 10
Full Baths 4
Construction Status Existing
Year Built 1910
Annual Tax Amount $13,512
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Opportunity awaits at this four-unit property in Winooski's up-and-coming West Lane neighborhood. 7 West Lane offers a compelling mix of current rental income and future development potential, with the property directly abutting 94 Malletts Bay Avenue—creating possibilities for expansion or a larger redevelopment vision. Each unit features functional layouts with solid rental demand. Unit 2B has been recently renovated, making it move-in ready and primed for top-market rent. The remaining units offer value-add potential through cosmetic upgrades and improved efficiencies. Located just minutes from downtown Winooski, I-89, and local employers, this property is a strategic investment with long-term upside in a growing market. (Comprehensive Financials and Forms Available Upon Request)
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning GZDN
Rooms
Basement Entrance Interior
Basement Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable - Available, Gas - Underground, Telephone Available
Roof Type Flat,Membrane
Building
Story 2
Foundation Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools John F Kennedy Elementary
Middle Schools Winooski Middle/High School
High Schools Winooski High School
School District Winooski School District
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