Located in the rapidly developing corridor of Winooski, 94 Malletts Bay Avenue offers an excellent investment opportunity for those looking to unlock value in a thriving market. This multi-unit property, situated adjacent to 7 West Lane (also available), presents potential for a larger-scale investment or redevelopment. The building features several units with efficient layouts, with Unit 1, located at the far right, currently vacant. This presents an immediate opportunity for renovation or for an owner-occupant setup.
With strategic updates, the remaining units have the potential to command higher rental rates, driving increased cash flow and enhancing the property’s overall value. The location is highly desirable, with easy access to downtown Winooski, I-89, and key area employers, making it an ideal choice for investors seeking to capitalize on the area’s continued growth and development.
For those looking to expand their portfolio in a dynamic and evolving market, 94 Malletts Bay Avenue provides both immediate returns and long-term potential. Comprehensive financials and additional property details are available upon request.
Listed by John Cole, Director of Property Management and Broker at Lake Point Properties.
