Development Opportunity Near Winooski
For Sale
$114,000
165 E Spring St, Winooski, VT 05404
Subdivision lot approved for a 4-unit development.
Property SizeContact for details
Days on Market88
Property Features for 165 E Spring St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Continental Real Estate Group, Inc.
(877) 996-5728
Listed By:
Derek Eisenberg · License #RM062792A
(877) 996-5728
Source:
Elliman
Added: May 13
Changed: Aug 8
Last Checked: Jul 16 at 6:38AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Continental Real Estate Group, Inc.
Investment Insights
Based on property information with market context.
This property presents a development opportunity near the Winooski Circle. Currently approved for a duplex, the updated R-C zoning allows for a higher-density, 4-unit development. The sloped terrain may be suitable for multi-level units with living space above a garage. The location offers convenience, with an 8-minute proximity to the Winooski Rotary, dining, and shops, as well as access to UVMMC. The property is positioned for potential long-term appreciation due to a planned "green street" redesign of East Springs. This plan includes a dedicated bike lane on the North side and a sidewalk on the South side. Narrower traffic lanes are intended to decrease traffic velocity, potentially creating a quieter, more residential atmosphere while maintaining urban access. The property has a bike score of 58, indicating it is bikeable. The walk score is 58, meaning it is somewhat walkable, and the transit score is 37, indicating some transit options are available.
Key Highlights
- Approved subdivision lot with updated R‑C zoning allowing for a 4‑unit development.
- High‑yield investment opportunity in Vermont's vibrant rental market.
- Prime location close to Winooski Circle, dining, and shops; convenient to UVMMC.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Explore this area
Business Placement
Demographics for 05404, VT
7,981
Population
3,952
Households
2
Avg Household Size
34
Median Age
56%
College-Educated
92%
High-School Grad
1.4 sq mi
ZIP Area
5,701
Density / Sq Mi
$77,020
Median Household Income
$42,254
Median Earnings
$1,635
Median Rent
$350,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Subdivision lot approved for a 4-unit development.
Where is this residential land & home lot located?
The property is located at 165 E Spring St Winooski, VT.
What is the asking price?
The asking price for this property is $114,000.
What are key features of this property?
This property features: Approved subdivision lot with updated R‑C zoning allowing for a 4‑unit development.; High‑yield investment opportunity in Vermont's vibrant rental market.; Prime location close to Winooski Circle, dining, and shops; convenient to UVMMC.**
