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150 E Allen St

Winooski VT 05404

1
60548 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

1 carspace
1 garage space
60548 sq. ft. lot size
Multi-Family

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Local market activity for multi families in Winooski

In the last 12 months, 13 multi families similar to 150 E Allen St, have been sold.

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