94 Mallets Bay Avenue, Winooski, VT 05404
Local realty services provided by:CENTURY 21 Highview Realty
94 Mallets Bay Avenue,Winooski, VT 05404
$864,900
- 8 Beds
- 3 Baths
- 2,640 sq. ft.
- Multi-family
- Active
Listed by: blake gintofjarahr@signaturepropertiesvt.com
Office: signature properties of vermont802-872-8881
MLS#:5112656
Source:PrimeMLS
Price summary
- Price:$864,900
- Price per sq. ft.:$237.61
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:5112656
- Added:1 day(s) ago
- Updated:October 03, 2026 at 01:54 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Interior, Interior Access, Unfinished
- Living area:2,640 sq. ft.
Heating and cooling
- Heating:Direct Vent
Structure and exterior
- Roof:Membrane
- Year built:1900
- Building area:2,640 sq. ft.
- Lot area:0.05 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$864,900
- Price per sq. ft.:$237.61
- Tax amount:$10,028 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
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