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)

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Tax Information

Tax Year2024

Building

Year Built1910
Building ConstructionWood Frame
StyleMulti-Family
Units4
Unit 1 Bath1
Unit 1 Bedrooms2
Unit 2 Bath1
Unit 2 Bedrooms3
Unit 3 Bath1
Unit 3 Bedrooms3
Unit 4 Bath1
# of 2 Bedrooms2
# of 3+ Bedrooms2
Bathroom4
Total Baths4
BasementUnfinished
FoundationStone

Other

Taxes$13,512.57
Seasonal Y/NNo
Date Listed03/14/2025
Unit 1 Deposit$1,600
Unit 2 Rent Amount$2,795
Unit 3 Rent Amount$2,700
Unit 4 Rent amount$1,250
View Count3

Basic Information

Virtual TourView Tour
StatusACT
List Price$909,995
Date Price Change03/24/2025
MLS Number5032224
MLS StatusActive

Property

Acreage0.08
GarageNo
Parking Spaces
Lot DescriptionCity Lot
Square Feet3,496
APX Fin AG Sqft3,496
Road Frontage40
RoadsPaved
AreaVT-Chittenden

Amenities

PricePerSqFt260.3

Location

TownWinooski
StateVT
Zip05404
CountyChittenden
ZoningGZDN
Elementary SchoolJohn F Kennedy Elementary
Junior HighWinooski Middle/High School
High SchoolWinooski High School
Address7 West Lane
Flood Zone Y/NNo

Exterior

RoofFlat, Membrane

Utilities

Heat SystemNatural Gas, Alternative Heat Stove, Floor Furnace
WaterPublic
Electric110 Volt,220 Plug
SewerPublic
UtilitiesCable - Available, Gas - Underground, Telephone Available

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 April 20, 2025 8:07 AM EDT

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7 West LaneWinooski, VT 05404MLS Number 5032224

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