Back to Search ResultsSold Status
$500,000 Sold Price
Multi Type
7 Beds
4 Baths
3,054 Sqft
Sold By Vermont Real Estate Company
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Colchester
Four unit apartment building in excellent Colchester location directly across from Heritage Park, offering Tennis / Basketball Courts, and Playground. Property offers (3) two bedroom units and (1) 1 bedroom in great shape. Large yard and plenty of off street parking. Common coin laundry area, separate utilities. Natural gas heat. Rental income reflects under market rents. Want more units? Adjoining property at #102 Heritage Lane is also available offering an additional 3 units, see MLS #4709905 †
Property Location
Property Details
| Sold Price $500,000 | Sold Date Oct 26th, 2018 | |
|---|---|---|
| MLS# 4709904 | Bedrooms 7 | Garage Size Car |
| List Price 550,000 | Total Bathrooms 4 | Year Built 1972 |
| Type Multi-Family | Lot Size 1.1400 Acres | Taxes $6,519 |
| Units 4 | Stories 1 | Road Frontage 125 |
| Annual Income $44,700 | Style Apartment Building | Water Frontage |
| Annual Expenses $0 | Finished 3,054 Sqft | Construction No, Existing |
| Zoning R3 | Above Grade 1,554 Sqft | Seasonal No |
| Total Rooms 7 | Below Grade 1,500 Sqft | List Date Jul 31st, 2018 |
| Gross Income $44,700 | Operating Expenses $0 | Net Income $0 |
|---|
| Expenses Includes |
|---|
| Unit 1 1 Beds, 1 Baths, $900/Monthly | Unit 2 2 Beds, 1 Baths, $950/Monthly |
|---|---|
| Unit 3 2 Beds, 1 Baths, $875/Monthly | Unit 4 2 Beds, 1 Baths, $1,000/Monthly |
| ConstructionOther |
|---|
| BasementWalkout, Apartments |
| Interior Features |
| Exterior Features |
| Exterior Vinyl | Disability Features |
|---|---|
| Foundation Concrete | House Color Blue |
| Floors Vinyl, Carpet | Building Certifications |
| Roof Shingle-Asphalt, Shingle - Asphalt | HERS Index |
| DirectionsTake Main Street from Rte 2 by Claussens Greenhouse. Heritage Lane is third left (right after Village Drive). Property on right across from park. |
|---|
| Lot DescriptionUnknown, Other |
| Garage & Parking No, , , Off Street |
| Road Frontage 125 | Water Access |
|---|---|
| Driveway Gravel | Water Type |
| Flood Zone No | Water Body |
| Zoning R3 |
| School District Colchester School District | Middle Colchester Middle School |
|---|---|
| Elementary | High Colchester High School |
| Heat Fuel | Excluded |
|---|---|
| Heating/Cool None, Direct Vent, Hot Air, Monitor Type, Wall Furnace | Negotiable |
| Sewer Septic | Parcel Access ROW |
| Water Public | ROW for Other Parcel |
| Water Heater Electric, Owned | Financing |
| Cable Co | Documents Property Disclosure, Plot Plan, Deed |
| Electric Circuit Breaker | Tax ID 153-048-20232 |
† The remarks published on this webpage originate from Listed By Paul Cannizzaro of Cannizzaro 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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