30 Tamorac Colchester, Vermont 05446 MLS# 4488018

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Sold Status

$769,025 Sold Price

Multi Type

0 Beds

0 Baths

5,600 Sqft

Listed By Jeffrey Amato of Flat Fee Real Estate
Sold By Marcou Real Estate LLC
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30 Tamorac

Rare investment opportunity on Lake Champlain. 12 unit cottage style multi family property situated on 1 acre with an adjacent .19 acre beachfront parcel. OWner currently getting great returns but potential condo or townhouse development site with tremendous lake views and access to the beach. Units are in very good shape including completely updated units and updates to windows, doors, floors, kitchen, etc. Natural gas service is now available on the road to either lower tenant heating costs or for better development opportunity. Beachfront parcel includes moorings as well. †

Property Location

30 Tamorac Colchester

Property Details

Sold Price  $769,025 Sold Date  Jan 27th, 2017
MLS#  4488018 Bedrooms  0 Garage Size  0 Car
List Price  825,000 Total Bathrooms  0 Year Built  1984
Type  Multi-Family Lot Size  1.1900 Acres Taxes $15,515
Units  12 Stories  1 Road Frontage  
Annual Income  $105,780 Style  Other Water Frontage  
Annual Expenses  $0 Finished  5,600 Sqft Construction  No, Existing
Zoning   Residential Above Grade  5,600 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  May 4th, 2016
Gross Income  $105,780 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   Beds, Baths, $800/Monthly Unit 2   Beds, Baths, $925/Monthly
Unit 3   Beds, Baths, $1,150/Monthly Unit 4   Beds, Baths, $700/Monthly
Unit 5   Beds, Baths, $625/Monthly Unit 6   Beds, Baths, $625/Monthly
Unit 7   Beds, Baths, $655/Monthly Unit 8   Beds, Baths, $600/Monthly
ConstructionOther
BasementWalkout, Storage Space, Partially Finished, No Tenant Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Concrete House Color  Blue
Floors   Building Certifications  
Roof  Shingle-Other HERS Index  
Directions
Lot Description, Lake View, Lake Frontage, Lake Access, Beach Access
Garage & Parking  No, , , Unpaved, 11-20 Spaces, On Site, Off Street
Road Frontage   Water Access  
Driveway  Gravel Water Type  Lake
Flood Zone  No Water Body  
Zoning  Residential
School District  NA Middle  
Elementary   High  
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Septic Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co  Comcast Documents  Property Disclosure
Electric  Circuit Breaker Tax ID  153-048-21060
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† The remarks published on this webpage originate from Listed By Jeffrey Amato of Flat Fee 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.