Closed

Listed by:

John R Cole,

Lake Point Properties, LLC 802-347-6100

Bought with: A Non PrimeMLS Agency

$823,500

7 West Lane, Winooski, VT 05404

10beds

3,496sqft

Multi Family

Built in 1910

-- sqft lot

$779,900 Zestimate^®

$236/sqft

$1,674 Estimated rent

Home value

$779,900

$702,000 - $858,000

$1,674/mo

Zestimate^® history

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$1,674/mo

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$5,421/mo

Est. payment

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$5,421/mo

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What's special

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)

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 4
Full bathrooms: 4

Heating

Natural Gas, Alternative Heat Stove, Floor Furnace

Cooling

None

Features

Basement: Unfinished,Interior Entry

Interior area

Total structure area: 4,496
Total interior livable area: 3,496 sqft
Finished area above ground: 3,496
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Features

Levels: Two
Frontage length: Road frontage: 40

Lot

Size: 3,485 sqft
Features: City Lot

Details

Parcel number: 77424611625
Zoning description: GZDN

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame
Foundation: Stone
Roof: Flat,Membrane

Condition

New construction: No
Year built: 1910

Utilities & green energy

Electric: 110 Volt, 220 Plug
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Underground Gas, Phone Available

Community & neighborhood

Location

Region: Milton

Other

Other facts

Road surface type: Paved

Price history

Date	Event	Price
6/12/2025	Sold	$823,500-7.5%$236/sqft
Source: PrimeMLS #5032224 Report a problem
4/30/2025	Price change	$889,995-2.2%$255/sqft
Source: PrimeMLS #5032224 Report a problem
3/24/2025	Price change	$909,995-0.5%$260/sqft
Source: PrimeMLS #5032224 Report a problem
3/14/2025	Listed for sale	$915,000$262/sqft
Source: PrimeMLS #5032224 Report a problem