Winooski Vermont Real Estate

Opportunity in the heart of Winooski! This spacious duplex features two well-sized apartments, each offering 3 bedrooms, 1 bath, large living rooms, and generous kitchens with walk-in pantries - perfect for comfortable everyday living. Both units include in-unit laundry and enclosed porches, plus a shared covered front porch that adds extra charm and outdoor space. Two separate driveways provide ample parking for tenants and guests, while additional storage at the back of the building and a sizable yard create even more flexibility. Recently refreshed with fresh paint and ready for new tenants, the property also features a new on-demand heating and hot water system serving both units, allowing heat to be included in the rent. Located on a dead-end street, yet just moments from the neighborhood market and the vibrant downtown rotary filled with pubs, restaurants, and local shops. Tenants will appreciate the convenient access to nearby colleges, Interstate 89, and downtown Burlington - making this a fantastic location for both lifestyle and convenience.

Just blocks from the heart of Winooski Circle, this fantastic duplex puts you steps from the city’s restaurants, cafés, and local shops—an ideal location for both owner-occupancy and investment. Each unit offers two off-street parking spaces and shares a welcoming front porch that sets the tone for warm, comfortable living. Inside the right-hand unit (11 or A), a bright open-concept layout connects the kitchen, dining, and living areas, creating an easy, inviting flow. Upstairs, the spacious primary bedroom is paired with a versatile second bedroom and a full bathroom, while a convenient half bath sits on the main level. The full unfinished basement, with laundry hook-ups and a utility sink, adds excellent storage and flexibility. A rear deck, ready for replacement, offers an opportunity to design a new private outdoor retreat. The left-hand unit (13 or B) mirrors this thoughtful layout, also featuring an open kitchen-to-living flow, two well-proportioned bedrooms upstairs, a full bath, and a main-level half bath. Its unfinished basement provides additional storage and laundry hookups, and the back deck awaits your vision for a refreshed outdoor space. Each condo is also listed separately as MLS#5071913 and MLS#5071936. Conveniently located just minutes from Burlington, colleges, universities, and UVM Medical Center, this turn-key duplex blends everyday convenience, investment potential, and the vibrant lifestyle that Winooski is known for!

An exceptional investment opportunity in the heart of Winooski! Perfectly positioned in one of the city’s most desirable and walkable areas, this prime multi-unit property is just steps from everything that makes this city so vibrant — restaurants, shops, river access, entertainment, and more. The property currently consists of a well-maintained 9-unit income-producing building with a strong rental history and a healthy NOI of $104,589.68. The unit mix features a combination of reliable long-term tenants, flexible month-to-month occupants, and extended-stay residents, offering both stability and adaptability. Current rents are below market, presenting immediate value-add potential through strategic increases and operational optimization. The property has also proven highly successful as a short-term rental, previously performing well on Airbnb and Furnished Finder platforms. In addition to its strong in-place income, this offering presents extraordinary redevelopment potential. With zoning that supports a 5-story building, investors have the opportunity to significantly increase unit count and unlock substantial future upside in one of Winooski’s most sought-after locations. An added bonus is the separate structure at 37 Mayo Street, currently vacant following a recent fire. With vision and renovation, this building could be restored to create an additional income-generating unit, further enhancing overall returns. Whether you’re seeking immediate cash flow, long-term appreciation, redevelopment opportunity, or a combination of all three, this is a rare chance to secure a high-performing asset with tremendous growth potential. Seller is also willing to offer owner financing to a qualified buyer with just 20% cash down at closing, creating a rare and attractive opportunity for investors seeking flexible acquisition terms while securing a high-performing asset.

Currently five contiguous residential dwellings, located in the downtown core of the city of Winooski. Once permitted for 186 units, favorable changes to the Winooski parking requirement presents greater density potential. While previously Act 250 approved this project is eligible for an Act 250 exemption through Vermont's priority housing initiative. Other tax incentives exist with this location being deemed an opportunity zone. This is the perfect opportunity to design and build mixed-use new construction in the heart of Chittenden County. The project benefits from being nestled on the hillside overlooking the Casavant Nature Preserve, is walking distance to numerous restaurants, shops and the riverwalk. This project would be a perfect compliment to the continuing revitalization of the city's corridors. Owners are licensed real estate professionals.