Essex Junction, VT | 40 Maple Street

Positioned in one of Winooski’s evolving investment corridors, 94 Malletts Bay Avenue offers a compelling opportunity to acquire a three-unit multifamily property with immediate income potential and plenty of room for future upside. Recent renovations and improvements have created a more turnkey investment, allowing a new owner to step into an income-producing asset while still retaining multiple avenues to add value, improve operations, and maximize rents over time. The property features three residential units with practical layouts, including a currently vacant unit that provides immediate flexibility for lease-up, additional improvements, or potential owner occupancy. For the value-add investor, the building offers an attractive foundation for continued cosmetic and property improvements that could further enhance tenant appeal and long-term revenue. Location is a major part of the investment story. Just minutes from vibrant Downtown Winooski, Burlington, I-89, UVM Medical Center, area colleges, employment centers, shopping, dining, and public transportation, the property sits within an established rental market with excellent regional connectivity. The surrounding corridor continues to evolve, with ongoing investment and longer-term revitalization creating an appealing opportunity to establish a position in the area as it continues to improve. Whether added to an existing portfolio or purchased as a first multifamily investment, 94 Malletts Bay Avenue combines current income, recent improvements, strategic location, and meaningful value-add potential—an increasingly difficult combination to find in the greater Burlington/Winooski market.

Discover the versatility of brand-new construction at 40 Maple Street in Essex Junction, featuring a spacious 3-bedroom, 2.5-bathroom main home PLUS a separate 1-bedroom accessory dwelling unit (ADU)/in-law apartment with its own kitchen, living room, and 3/4 bathroom! Built in 2026, this thoughtfully designed property offers the perfect combination of comfortable living, multigenerational flexibility, and potential rental income. The main residence features 3 bedrooms, 2.5 bathrooms, and a spacious kitchen with a large center island that opens seamlessly to the dining area, ideal for entertaining and everyday living. A dedicated laundry room, separate mudroom entry, and abundant closet space provide everyday convenience. Enjoy morning coffee on the welcoming front porch or unwind on the private balcony off the primary bedroom. The finished lower-level ADU offers its own independent living space, making it ideal for extended family, an in-law suite, adult children, guests, or the opportunity to generate rental income while living in the main home. Whether you're looking to offset your mortgage with rental income, accommodate multiple generations under one roof, or simply enjoy the flexibility of two distinct living spaces, this property delivers! Situated on a lovely corner lot near Maple Street Park, schools, shopping, and local amenities, this exceptional new construction property offers a rare opportunity to enjoy modern living with added versatility in the heart of Essex Junction.