Back to Search ResultsSold Status
$800,000 Sold Price
Multi Type
8 Beds
4 Baths
3,128 Sqft
Sold By Cannizzaro Real Estate
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Colchester
Exceptional Investment Opportunity in Colchester This well-maintained multi-family property features four 2-bedroom units, all clean and in excellent condition. With plenty of off-street parking and convenient on-site coin-operated laundry, this building is ideal for both tenants and landlords alike. Zoned GD2, the property is perfectly positioned for short-term rental opportunities as well as many other uses (see documents for details). Three of the units are currently rented below market value, offering immediate potential for increased income. Located with easy access to I-89, and just minutes from Winooski, Essex Junction, and Burlington. Owned by the same landlord since 1970, the property boasts a solid rental history and consistent performance. Don’t miss your chance to own a dependable income-generating asset in one of Colchester’s most accessible locations. †
Property Location
Property Details
| Sold Price $800,000 | Sold Date Sep 25th, 2025 | |
|---|---|---|
| List Price 850,000 | Bedrooms 8 | Garage Size Car |
| Cooperation Fee Unknown | Total Bathrooms 4 | Year Built 1950 |
| MLS# 5049448 | Lot Size 0.46 Acres | Taxes $6,541 |
| Type Multi-Family | Days on Market 340 Days | Tax Year 2024 |
| Units 4 | Stories 2 | Road Frontage 100 |
| Annual Income $67,200 | Style | Water Frontage |
| Annual Expenses $0 | Finished 3,128 Sqft | Construction No, Existing |
| Zoning GD2 | Above Grade 3,128 Sqft | Seasonal No |
| Total Rooms 8 | Below Grade 0 Sqft | List Date Jul 1st, 2025 |
| Gross Income $67,200 | Operating Expenses $0 | Net Income $0 |
|---|
| Expenses Includes |
|---|
| Unit 1 2 Beds, 1 Baths, $1,300/Monthly | Unit 2 2 Beds, 1 Baths, $1,800/Monthly |
|---|---|
| Unit 3 2 Beds, 1 Baths, $1,200/Monthly | Unit 4 2 Beds, 1 Baths, $1,200/Monthly |
| Construction |
|---|
| BasementWalkout, Walkout |
| Interior Features |
| Exterior Features |
| Exterior | Disability Features |
|---|---|
| Foundation Slab - Concrete | House Color |
| Floors Vinyl, Carpet, Tile | Building Certifications |
| Roof Architectural Shingle | HERS Index |
| DirectionsDirectly across from St. Michael's College. |
|---|
| Lot Description, Wooded |
| Garage & Parking No |
| Road Frontage 100 | Water Access |
|---|---|
| Driveway Paved | Water Type |
| Flood Zone No | Water Body |
| Zoning GD2 |
| School District NA | Middle |
|---|---|
| Elementary | High |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool None, Hot Water, Baseboard | Negotiable |
| Sewer Public | Parcel Access ROW |
| Water | ROW for Other Parcel |
| Water Heater | Financing |
| Cable Co | Documents |
| Electric Circuit Breaker | Tax ID 153 048 17566 |
† The remarks published on this webpage originate from Listed By Paul Cannizzaro of Cannizzaro Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.
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