Listing courtesy of Derek Eisenberg from Continental Real Estate Group, Inc.. ()
Rare 4 Unit Development Opportunity close to the Winooski Circle, a prime subdivision lot at 165 East Springs. While currently approved for a duplex, recently updated R-C zoning now permits a higher-density 4 unit development, making this a high-yield opportunity in Vermont's most vibrant rental market. The sloped terrain is an architect's dream for creative design, ideal for modern multi-level units with living space above garage. Enjoy unbeatable convenience within 8-minute to the Winooski Rotary and its dining and shops. It's also close to UVMMC. The property is positioned for long-term appreciation as East Springs is slated for a "green street" redesign. This plan features a dedicated bike lane on the North side and a sidewalk on the South side; narrower traffic lanes will decrease traffic velocity, creating a quieter, more residential atmosphere without sacrificing urban access. With subdivision already approved and density increased, this lot is a hot commodity ready for your vision.
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