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General Property Information
- Price:
- $909,995
- County:
- VT-Chittenden
- Acres:
- 0.08
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 4
- Agency/Brokerage:
- John Cole
Lake Point Properties, LLC
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)
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1910
- Parking:
- Road Frontage:
- 40
- Acres:0.08
- Gross Income:
- 0
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 3496
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3496
- Land Description:City Lot
- Elementary School:
- John F Kennedy Elementary
- Middle School:
- Winooski Middle/High School
- High School:
- Winooski High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1600.00
Unit 2
- #Rooms:
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 2795.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 2700.00
Unit 4
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1250.00
Other Information
- List Date:
- 2025-03-14
- Last Updated: