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$864,900

For Sale

5 days ago

94 Malletts Bay Ave, Winooski, VT

House

MLS® 5112656

0 Bed

0 Bath

2640 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2640 sqft
Garage 
Taxes $10,028
Days Active 6
Lot Size 0.05 Acres
Approx. Age 1900
Avg. Price Per Sqft $327
MLS® Number 5112656

Property Address: 94 Malletts Bay Ave, Winooski, VT, 05404-2082

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

Description

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.
MLS® Number5112656
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
BasementInterior Entry, Interior Stairs, Unfinished
Driveway
Garage Spaces
HeatNatural Gas, Direct Vent
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2026List Date
$864,900List Price
  • Commute

Commute

Starting Address
Destination Address
94 Malletts Bay Ave, Winooski, VT

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