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Triplex in Colchester in a convenient location on 1.5 acres with excellent income. All three units have great spaces and character which make them ideal renters. Unit 1 is a sunny three bedroom with a nice entry and an additional living room, laundry on the lower level and some nice brickwork. Upstairs boasts a large updated open kitchen, a slider directly to the shared outdoor area and high ceilings. Unit 2, a two bedroom, is an open modern apartment with high ceilings. It boasts a gorgeous great room with an open kitchen and a tile backsplash with a sunken living room. Unit 3 is an open concept two bedroom with a large kitchen and lots of cabinetry that is great for storage. Each unit has a separate entrance. Recent improvements include an expanded septic and new drilled well. Minutes from some of the best beaches on Lake Champlain including Thayer Beach and Causeway Park and a short commute to downtown Burlington making this property a smart investment. †
3D Property Tour
Property Location
163 Foley Road Colchester
Property Details
MLS# 4974845
Bedrooms 7
Garage Size 1 Car
List Price 625,000
Total Bathrooms 3
Year Built 1964
Type Multi-Family
Lot Size 1.5000 Acres
Taxes $7,507
Units 3
Stories 2
Road Frontage
Annual Income $58,116
Style Multi-Family
Water Frontage
Annual Expenses $0
Finished 3,834 Sqft
Construction No, Existing
Zoning Residential
Above Grade 3,834 Sqft
Seasonal No
Total Rooms 7
Below Grade 0 Sqft
List Date Oct 19th, 2023
Gross Income $58,116
Operating Expenses $0
Net Income $44,975
Expenses Includes
Unit 1 3 Beds, 1 Baths, $1,793/Monthly
Unit 2 2 Beds, 1 Baths, $1,650/Monthly
Unit 3 2 Beds, 1 Baths, $1,400/Monthly
ConstructionWood Frame
BasementInterior, Unfinished
Interior Features
Exterior Features
Exterior Vinyl Siding
Disability Features
Foundation Concrete
House Color
Floors Carpet
Building Certifications
Roof Shingle-Asphalt
HERS Index
Directions
Lot DescriptionNo, Country Setting
Garage & Parking Yes, , , Off Street
Road Frontage
Water Access
Driveway Dirt
Water Type
Flood Zone No
Water Body
Zoning Residential
School District Colchester School District
Middle
Elementary
High
Heat Fuel
Excluded
Heating/Cool Other, Baseboard
Negotiable
Sewer Septic
Parcel Access ROW
Water Drilled Well
ROW for Other Parcel
Water Heater Owned
Financing
Cable Co
Documents
Electric Circuit Breaker
Tax ID 153-048-22533
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† The remarks published on this webpage originate from Listed By The Nancy Jenkins Team of Nancy Jenkins Real Estate via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.
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