460-462 Colchester Avenue Burlington, Vermont - For Sale

460-462 Colchester Avenue Burlington, Vermont 05401 MLS# 5082809

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For Sale Status

$600,000 List Price

Multi Type

4 Beds

2 Baths

2,136 Sqft

Listed By Lipkin Audette Team of Coldwell Banker Hickok & Boardman - (802) 846-8800
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Burlington

460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
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460-462 Colchester Avenue
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460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
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460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue
460-462 Colchester Avenue

Burlington Duplex

Exceptional turn-key Burlington duplex offering strong investment potential or an ideal owner-occupy opportunity. Perfectly positioned just moments from the vibrant dining, nightlife, and shopping of Winooski, also with quick access to UVM, Champlain College, St. Michael's College, and UVM Medical Center - an appealing location for consistent rental demand. The first-floor apartment features 2 bedrooms and a full bath, complemented by a bright, open living area that flows seamlessly into a generously sized kitchen with updated stainless-steel appliances and ample storage and counter space, plus access to a full basement with in-unit laundry. The upper unit spans the second and third floors and includes 2 spacious bedrooms along with a versatile third-floor flex space, a sun-filled living room, and a well-appointed kitchen with modern stainless appliances and abundant storage. Outdoor highlights include a covered porch with city views of Winooski, as well as a large backyard complete with a patio and storage shed - perfect for entertaining or relaxing. Each unit offers its own washer and dryer along with two off-street parking spaces, and a bus stop directly in front of the property adds everyday convenience for effortless commuting year-round.

Cooperation Fee - 2.5%

The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 2.5% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.

Property Location

460-462 Colchester Avenue Burlington

Property Details

List Price  600,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  2.5% Total Bathrooms  2 Year Built  1900
MLS#  5082809 Lot Size  0.15 Acres Taxes $13,847
Type  Multi-Family Days on Market  77 Days Tax Year 2025
Units  2 Stories  2 Road Frontage  
Annual Income  $57,600 Style   Water Frontage  
Annual Expenses  $0 Finished  2,136 Sqft Construction  No, Existing
Zoning   RC Above Grade  2,136 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Apr 9th, 2026
Gross Income  $57,600 Operating Expenses  $0 Net Income  $36,989
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Monthly Unit 2   2 Beds, 1 Baths, $2,600/Monthly
Construction
BasementInterior, Unfinished, Bulkhead, Concrete, Dirt, Storage Space, Slab, Full, Interior Stairs, Storage Space, Unfinished, Basement Stairs
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation   House Color  
Floors   Building Certifications  
Roof  Slate, Membrane HERS Index  
Directions
Lot Description
Garage & Parking  No
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  RC
School District  NA Middle  
Elementary   High  
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  114-035-14223
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✱ If you engage a brokerage firm to represent you in a real estate transaction, you are responsible for compensating the firm according to the terms of your brokerage service agreement. Compensation to be paid under a brokerage service agreement is solely and entirely a matter of negotiation between an agent and client and is in no way controlled, fixed, or pre-established. Historically, cooperation fees were published in the Multiple Listing Service (MLS) for each Listing. Recent changes to the rules, prohibit the publication of these fees in the MLS but allow the display on a brokerage's website for their Clients' listings.