$720,000
$30K PRICE DROP

31 West Ln Winooski, VT 05404

Estimated payment $4,876/month

Total Views 8,796
10 Beds
4 Baths
3,100 Sq Ft
$232 Price per Sq Ft

About This Home

Spacious 4-unit multi-family home – prime investment opportunity! Discover this well-maintained, 4-unit multi-family property offering a total of 10 bedrooms and 4 bathrooms, perfectly suited for investors or owner-occupants seeking strong rental income. With 3 of the 4 units bringing in strong rental rates, this property presents immediate cash flow and long-term value. Recent updates throughout include new flooring, fresh paint, modern light fixtures, and updated countertops, giving each unit a clean, contemporary feel. The driveway has been professionally graded to direct water away from the property, helping to maintain a dry basement and preserve the integrity of the home. Ideally located just minutes from the Winooski roundabout, tenants enjoy easy access to popular restaurants, bars, and vibrant nightlife, making this an attractive location for renters and a great addition to any investment portfolio. Don't miss this opportunity to own a turn-key property in a high-demand area with excellent rental potential!

Last Listed By

John Black

Coldwell Banker Hickok and Boardman Brokerage Phone: 802-863-1500 Listed on: 04/16/2025

Coldwell Banker Hickok and Boardman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,664

Year Built

  • Built in 1900

Parking

  • Stone Driveway

Home Design

  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Basement
  • Interior Basement Entry

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Schools

  • John F Kennedy Elementary School
  • Winooski Middle/High School
  • Winooski High School

Utilities

  • Heating System Mounted To A Wall or Window
  • Separate Meters
  • Internet Available

Additional Features

  • 2,614 Sq Ft Lot
  • City Lot

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • Gross Income $71,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,664

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1900
  • Display On Internet: Internet - Cable
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Sidewalks, Near Shopping, Near Public Transit
  • Road Frontage Type: Public Maintained Road
  • Attribution Contact: Off: 802-863-1500
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 3100.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 3100
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 1250
  • Water_Body_Access: No
  • Water_View: No
  • SqFt_Apx_Total: 4350
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Owned, Water Heater – Rented
  • Total Bedrooms: 10
  • Flooring: Carpet, Vinyl Plank
  • Basement: Concrete Floor, Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Crushed Stone
  • Roof: Slate
  • Construction Type: Wood Frame, Vinyl Siding
  • Waterfront: No
  • Foundation Details: Fieldstone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Natural Gas, Wall Units
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: John F Kennedy Elementary
  • High School: Winooski High School
  • Middle Or Junior School: Winooski Middle/High School

Lot Info

  • Surveyed: No
  • Zoning: Residential
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2614.0

Multi Family

  • Gross Income: 71700.0
  • Number Of Units Total: 4
  • Number Of Units Leased: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12664.44

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $618,200 $241,500 $376,700
2023 -- $294,200 $120,800 $173,400
2022 $9,249 $294,200 $120,800 $173,400
2021 $9,226 $294,200 $120,800 $173,400
2020 $9,098 $294,200 $120,800 $173,400
2019 $8,631 $294,200 $120,800 $173,400
2018 $8,233 $294,200 $120,800 $173,400
2017 $7,977 $294,200 $120,800 $173,400
2016 $7,863 $294,200 $120,800 $173,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 Price Changed $720,000 -4.0% $232 / Sq Ft
04/16/2025 04/16/25 For Sale $750,000 +56.3% $242 / Sq Ft
04/29/2019 04/29/19 Sold $480,000 -3.5% $155 / Sq Ft
03/08/2019 03/08/19 Pending -- -- --
02/26/2019 02/26/19 Price Changed $497,500 -6.0% $160 / Sq Ft
01/29/2019 01/29/19 For Sale $529,500 +61.7% $171 / Sq Ft
08/31/2012 08/31/12 Sold $327,500 -6.4% $96 / Sq Ft
06/26/2012 06/26/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $349,900 -- $103 / Sq Ft
Source: PrimeMLS

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Source: PrimeMLS

MLS Number: 5036555

PrimeMLS

APN: (246) WN031