31 West Ln Winooski, VT 05404
Estimated payment $5,031/month
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!
Listing Agent
Coldwell Banker Hickok and Boardman Brokerage Phone: 802-863-1500 Listed on: 04/16/2025
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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
MLS Number: 5036555
APN: (246) WN031
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