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Listed by Paul Cannizzaro • Cannizzaro Real Estate
$850,000
Est. payment /mo
8 Beds
4 Baths
3,128 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $271
MLS Listing ID 5049448
Bedrooms 8
Full Baths 4
Construction Status Existing
Year Built 1950
Annual Tax Amount $6,541
Tax Year 2024
Lot Size 0.460 Acres
Acres 0.46
Property Description
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.
Location
State VT
County Vt-chittenden
Area Vt-Chittenden
Zoning GD2
Rooms
Basement Entrance Walkout
Basement Walkout
Interior
Cooling None
Flooring Carpet, Tile, Vinyl
Exterior
Utilities Available Cable Available
Roof Type Architectural Shingle
Building
Story 2
Sewer Public
Architectural Style Ranch
Construction Status Existing
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