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150 East Allen Street, Winooski, VT 05404

$3,250,000
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Active
MLS#5038815
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLWinooski

Listing Courtesy of: Flex Realty
Agency Contact: Dan@FlexRealtyVT.com
Associate Name: Flex Realty Group
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Property Description

Currently five contiguous residential dwellings, located in the downtown core of the city of Winooski. Once permitted for 186 units, favorable changes to the Winooski parking requirement presents greater density potential. While previously Act 250 approved this project is eligible for an Act 250 exemption through Vermont's priority housing initiative. Other tax incentives exist with this location being deemed an opportunity zone. This is the perfect opportunity to design and build mixed-use new construction in the heart of Chittenden County. The project benefits from being nestled on the hillside overlooking the Casavant Nature Preserve, is walking distance to numerous restaurants, shops and the riverwalk. This project would be a perfect compliment to the continuing revitalization of the city's corridors. Owners are licensed real estate professionals.

150 East Allen Street | MLS# 5038815

This multi-family property located at 150 East Allen Street, Winooski, VT 05404 is currently listed for sale with an asking price of $3,250,000. East Allen Street is located within the Winooski school district. Search Winooski real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: None
Heating: None
Home Style: Apartment Building
Lot Size: 1.39 Acres
Roof Type: Other
Stories: 2.0

Feature Descriptions

Construction: Other, Other Exterior
Construction Status: Pre-Construction
Days on Site: 355
Driveway: Other
Driveway: Other
Exterior: Other, Other Exterior
Flood Zone: No
Foundation: Other
Foundation: Other
Lot: City Lot
Parking: Other
Roads: Paved, Public
Sewer: None, Public Available
Total Stories: 2
Units: 9
Water: None, Public Water at Street
Zoning: Mixed Use

Local Schools

High School: Winooski High School
Middle School: Winooski Middle/High School
Elementary School: Assigned
School District: Winooski

Listed By / Shown By

Listed By

Agency Name: Flex Realty
Agency Contact: Dan@FlexRealtyVT.com
Agent Name: Flex Realty Group

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Estimated Payment

$ 8,181.01 per month $7,233.09 Principal & Interest $0.00 Property Tax (data not provided by mls) $947.92 Homeowner's Insurance

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