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Exceptional investment opportunity in the heart of Winooski! This well-maintained, 4-unit apartment building includes two 1-bedroom units and two 2-bedroom units, each offering 1 full bath. All apartments feature hardwood floors, upgraded kitchens with tiled backsplashes and stainless-steel appliances, and nicely finished tiled bathrooms. Every unit has its own laundry and a covered porch - some even enjoy two covered porches - adding to tenant appeal and everyday comfort. Outside, there’s a shared backyard, tandem driveway parking for 2–3 vehicles, and ample street parking. Located just one block from a neighborhood convenience store and close to downtown Winooski and the rotary with its vibrant mix of shops, pubs, and eateries. Minutes to local colleges, I-89, and Burlington. Fully rented with a strong 9.8% cap rate, this property is ideal for a first-time landlord or a seasoned investor looking to expand a thriving portfolio.
Property Location
23 West Lane Winooski
Property Details
Sold Price $735,000
Sold Date May 8th, 2026
List Price 750,000
Bedrooms 6
Garage Size Car
Cooperation Fee Unknown
Total Bathrooms 4
Year Built 1915
MLS# 5077178
Lot Size 0.07 Acres
Taxes $11,293
Type Multi-Family
Days on Market 124 Days
Tax Year 2025
Units 4
Stories 2
Road Frontage
Annual Income $92,580
Style
Water Frontage
Annual Expenses $0
Finished 2,688 Sqft
Construction No, Existing
Zoning Res
Above Grade 2,688 Sqft
Seasonal No
Total Rooms 6
Below Grade 0 Sqft
List Date Feb 20th, 2026
Gross Income $92,580
Operating Expenses $0
Net Income $74,015
Expenses Includes
Unit 1 1 Beds, 1 Baths, $1,805/Monthly
Unit 2 1 Beds, 1 Baths, $1,770/Monthly
Unit 3 2 Beds, 1 Baths, $2,070/Monthly
Unit 4 2 Beds, 1 Baths, $2,070/Monthly
Construction
BasementWalk-up, Unfinished
Interior Features
Exterior Features
Exterior
Disability Features
Foundation
House Color White
Floors
Building Certifications
Roof Membrane, Flat
HERS Index
DirectionsFrom roundabout, take West Center Street to Mallets Bay Ave, left at light onto West Lane, property on right.
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