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2388 Main Street Colchester, Vermont 05446Property Closed

$720,000 Price
Multi Type
10 Beds
8 Baths
4,585 Sqft

Listed By The Malley Group of KW Vermont

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NMLS# 49592

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The Town of Colchester is surrounded by water on three sides including the Lamoille River to the north, the Winooski River to the south, and the jewel of Vermont, Lake Champlain to the west. Marble Island and its beautiful Marina are located...

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Multi-Family Home

4 side by side townhouse units all with a great rental history, a truly RARE FIND! Unit 4 was recently remodeled, while unit 1 was renovated and remodeled. Each unit features new egress windows, an efficient Rinnai heater (except for unit 1 - gas hookup only in this unit), owned Hot Water tanks (except unit 3, which is a rented tank), new siding, and comfortable living spaces. This private 3 acre lot offers off street parking, new back decks, and a yard that backs up to a peaceful wooded area. Great location, convenient to Colchester and Essex, in a great school system, and close to many amenities.

Insights Exclusive Data

Listing Status  ClosedContract Date  11/11/2018
Days on Market  Closing Date  01/30/2019
Original Price  $720,000Closing Price  $714,087
Property ID  Span  153-048-17593


MLS#  4726565Bedrooms  10Garage Size   Car
List Price  720,000Total Bathrooms  8Year Built  1983
Type  Multi-FamilyLot Size  3.1000 AcresTaxes $9,180
Units  4Stories  2Road Frontage  162
Annual Income  $0Style  Town House, TownhouseWater Frontage  
Annual Expenses  $16,620Finished  4,585 SqftConstruction  No, Existing
Zoning   R2Above Grade  4,585 SqftSeasonal  No
Total Rooms  Below Grade  0 SqftList Date  Nov 5th, 2018


Total Expenses  $16,620Insurance  $2,000
Water & Sewer  $0Taxes  $9,180
Trash  $1,440Miscellaneous  $400
Maintenance  $3,000 Association Dues  $0
Rent Includes 

Unit Size & Rent

Unit 1   3 Beds, 2 Baths, 1,219 SqFt, $0/Mo Unit 2   2 Beds, 2 Baths, 1,060 SqFt, $1,100/Mo
Unit 3   2 Beds, 2 Baths, 1,007 SqFt, $0/Mo Unit 4   3 Beds, 2 Baths, 1,219 SqFt, $1,600/Mo


ConstructionWood Frame
BasementInterior, Unfinished, Storage Space, Interior Stairs
Interior Features
Exterior Features
Exterior  Vinyl SidingDisability Features  
Foundation  ConcreteHouse Color  Gray
Floors  Vinyl, Tile, Carpet, Laminate, VinylBuilding Certifications  
Roof  Shingle HERS Index  


Lot Description, Wooded Setting, Wooded, Near Bus/Shuttle
Garage & Parking  No, , , Driveway
Road Frontage  162Water Access  
Driveway  GravelWater Type  
Flood Zone  UnknownWater Body  
Zoning  R2


School District  Colchester School DistrictMiddle  Colchester Middle School
Elementary  High  Colchester High School

Utilities & Other

Heat Fuel  Excluded  
Heating/Cool  None, Baseboard, Electric, Wall Units, Wall UnitsNegotiable  
Sewer  SepticParcel Access ROW  
Water  Drilled Well ROW for Other Parcel  
Water Heater  Rented, OwnedFinancing  
Cable Co  Documents  Deed, Lease Agreements
Electric  Circuit BreakerTax ID  153-048-17593
DirectionsRoute US-2E to Main Street in Colchester, property is directly across from Caron's Colchester Autobody

† The remarks published on this webpage originate from The Malley Group of KW Vermont via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman Realty. 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.