Description
Opportunity awaits at this four-unit property in Winooskis 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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10BEDS
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0.08ACRES
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4BATHS
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01/2 BATHS
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3,496SQFT
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$260$/SQFT
School Information
Description
Opportunity awaits at this four-unit property in Winooskis 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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Courtesy of John Cole of Lake Point Properties, LLC: .