460-462 Colchester Avenue Burlington, Vermont 05401 MLS# 4999496

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For Sale Status

$730,000 List Price

Multi Type

4 Beds

2 Baths

2,136 Sqft

Listed By Sarah Harrington of Coldwell Banker Hickok & Boardman - (802)846-8811
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Burlington

Fantastic investment property! Fantastic investment property!
Unit 1 bright living room Unit 1 bright living room
Gather with friends! Gather with friends!
Living room looking to kitchen Living room looking to kitchen
Very spacious and open! Very spacious and open!
Unit 1 beautiful kitchen Unit 1 beautiful kitchen
Unit 1 kitchen Unit 1 kitchen
Stainless appliances Stainless appliances
Unit 1 kitchen looking to LR Unit 1 kitchen looking to LR
Unit 1 bedroom #1 Unit 1 bedroom #1
Good amount of space! Good amount of space!
Unit 1 bedroom #2 Unit 1 bedroom #2
Also great as a home office! Also great as a home office!
Unit 1 full private basement Unit 1 full private basement
Unit 1 private washer/dryer Unit 1 private washer/dryer
Unit 1 expansive covered porch Unit 1 expansive covered porch
Unit 1 expansive covered porch Unit 1 expansive covered porch
Unit 2 sunny living room Unit 2 sunny living room
Living room looking to dining Living room looking to dining
Living room to 1st bedroom Living room to 1st bedroom
Unit 2 DR looking to LR Unit 2 DR looking to LR
Unit 2 spacious dining area Unit 2 spacious dining area
Plenty of counter space! Plenty of counter space!
Fantastic stainless appliances Fantastic stainless appliances
Cute breakfast bar area! Cute breakfast bar area!
Unit 2 bedroom #1 Unit 2 bedroom #1
Unit 2 bedroom #1 Unit 2 bedroom #1
Unit 2 bedroom #2 Unit 2 bedroom #2
Unit 2 bedroom #2 Unit 2 bedroom #2
Unit 2 BR #2 leads to DR Unit 2 BR #2 leads to DR
Unit 2 full bathroom Unit 2 full bathroom
Unit 2 third floor flex space! Unit 2 third floor flex space!
Imagine the possibilities! Imagine the possibilities!
Backyard/patio Backyard/patio
Close to Burlington amenities Close to Burlington amenities
Close to colleges & med center Close to colleges & med center
Short commute to Burlington! Short commute to Burlington!
Close to Winooski River Close to Winooski River
Close to Winooski Riverwalk Close to Winooski Riverwalk

Fantastic Burlington Duplex!

Phenomenal 2-unit turn-key investment property or owner occupy opportunity in Burlington! You'll get the best of both worlds as this property is a stone's throw to Winooski restaurants, bars, and shopping. You'll also be minutes away from UVM, Champlain College, Saint Michael's College, and UVM Medical Center making this property highly attractive option to renters. Unit 1 offers 2 bedrooms and a full bathroom, as well as a spacious, bright living room with an open flow to a roomy kitchen equipped with updated stainless appliances and plenty of storage/counter space. There is also a full basement where the washer/dryer are located! Unit 2, located on the second and third floor, is a sunny unit featuring two spacious bedrooms as well as a large flex space on the third floor. The living room, bathed in natural light, provides a relaxing place to unwind after a long day. The kitchen in this unit also boasts updated stainless appliances and plenty of storage space as well. As you wander to the outside, enjoy a lovely covered porch facing the city of Winooski, perfect for relaxing with friends. The spacious backyard with a patio is a fun spot to grill and play yard games. Both units offer a washer/dryer and two off-street parking spaces per unit as an added bonus. Conveniently, the bus stop is located right in front of the property making commutes to and from your daily activities a breeze year-round!

Property Location

460-462 Colchester Avenue Burlington

Property Details

MLS#  4999496 Bedrooms  4 Garage Size   Car
List Price  730,000 Total Bathrooms  2 Year Built  1900
Type  Multi-Family Lot Size  0.1500 Acres Taxes $12,960
Units  2 Stories  2 Road Frontage  100
Annual Income  $57,600 Style  Near Shopping Water Frontage  
Annual Expenses  $0 Finished  2,136 Sqft Construction  No, Existing
Zoning   Residential Above Grade  2,136 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Jun 7th, 2024
Gross Income  $57,600 Operating Expenses  $0 Net Income  $24,544
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 876 SqFt, $2,200/Monthly Unit 2   2 Beds, 1 Baths, 1,296 SqFt, $1,400/Monthly
Construction
BasementInterior, Unfinished, Storage Space, Bulkhead, Concrete, Dirt, Slab, Interior Stairs, Full, Stairs - Interior, Storage Space, Unfinished
Interior Features
Exterior Features
Exterior   Disability Features  
Foundation  Stone House Color  Grey
Floors  Tile, Softwood, Ceramic Tile, Hardwood Building Certifications  
Roof  Slate, Membrane HERS Index  
Directions
Lot DescriptionNo, Near Bus/Shuttle
Garage & Parking  No, 4 Parking Spaces, Parking Spaces 4
Road Frontage  100 Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  Residential
School District  Burlington School District Middle  Choice
Elementary  Choice High  Burlington High School
Heat Fuel   Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water   ROW for Other Parcel  
Water Heater   Financing  
Cable Co  Burlington Telecom Documents  Property Disclosure, Deed
Electric  100 Amp, Circuit Breaker Tax ID  114-035-14223
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