Price Reduced Listing
Description
Rare 4 Unit Development Opportunity close to the Winooski Circle, a prime subdivision lot at 165 East Springs. While currently approved for a duplex, recently updated R-C zoning now permits a higher-density 4 unit development, making this a high-yield opportunity in Vermont's most vibrant rental market. The sloped terrain is an architect's dream for creative design, ideal for modern multi-level units with living space above garage. Enjoy unbeatable convenience within 8-minute to the Winooski Rotary and its dining and shops. It's also close to UVMMC. The property is positioned for long-term appreciation as East Springs is slated for a "green street" redesign. This plan features a dedicated bike lane on the North side and a sidewalk on the South side; narrower traffic lanes will decrease traffic velocity, creating a quieter, more residential atmosphere without sacrificing urban access. With subdivision already approved and density increased, this lot is a hot commodity ready for your vision.
Details
| MLS # | 5088185 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Days On Site | 101 |
| Listing Provided By | Continental Real Estate Group, Inc. | Derek Eisenberg |
Features
| Zoning | RC |
|---|---|
| Acreage | 0.17 |
Exterior
| Lot Features | City Lot, Landscaped, Sloping, Wooded |
|---|
Utilities
| Utilities | Other |
|---|---|
| Electric | Other |
| Sewer | Public Sewer |
Taxes
| Tax Annual Amount | 1000 |
|---|---|
| Tax Year | 2026 |
Area Information
| State | VT |
|---|---|
| County | Chittenden |
| City | Winooski |
| Zip Code | 05404 |
| Area | VT Chittenden |
| Listing VS Median (in 05404) | |
Price: $94,500 low | high Med: $0 On site: 101 low | high Med: | |
Market Activity 05404
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Learn More About This Property
| State | VT |
|---|---|
| County | Chittenden |
| City | Winooski |
| Zip Code | 05404 |
| Area | VT Chittenden |
| Listing VS Median (in 05404) | |
Price: $94,500 low | high Med: $0 On site: 101 low | high Med: | |
