New

$1,449,900

10 hours ago

41-47 West Center Street, Winooski, VT

Name: 41-47 West Center Street, For Sale in Winooski - eXp Realty
Brand: Signature Properties of Vermont
SKU: 5077413
Price: 1449900 USD

0 Bed

9 Bath

5040 sqft

MLS® 5077413

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Residential Income

Size 5040 sqft

Garage No

Taxes

Days Active 0

Lot Size 0.22 acres

Approx. Age 1900

Avg. Price Per Sqft $287

MLS® Number 5077413

Property Address: 41-47 West Center Street, Winooski, VT, 05404

Average square foot calculated using Size range provided by listing agent.

Description

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 $134, 800. 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.

MLS® Number5077413

Laundry Level

Central VacNo

FireplaceNo

Acreage0.22

Exterior

GarageNo

Approx. Age1900

Basement

DrivewayOff Street, On Site, Parking Spaces 11 - 20, Unassigned

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 24, 2026List Date

$1,449,900List Price

Commute

Commute

Starting Address

Destination Address

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