2751 Mallett's Bay AvenueColchester, VT 05446MLS Number 4678670

  • Sale Price: $265,000
  • 225 Days Since Sale
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Federal 30-year interest rate: 4.63% last updated on Dec 13, 2018
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.4Acreage
  • 1Bathroom
  • 1920Year Built
  • 1394Square Feet

Do not miss out on this fantastic investment, cap rate 7.5%. This property is easy to rent! 1 bedroom rents for $1000 and 2 bedroom unit rents for $1200. Owners have taken great care of the property since they bought in 2013. Updates since purchase include: 1st floor unit: remodeled/expanded bath; Kitchen: cabinets, counter top, appliances and flooring; sanded and refinished wood floors, new carpet in hall, front door, got rid of popcorn ceiling. 2nd floor unit: new kitchen counter tops, sink/counter top in bath, two egress windows, removed popcorn ceiling. Basement: new steel support beams, two new 40 gallon gas hot water heaters, put in pea gravel. Washer (2018) & dryer (2015). Each unit has an enclosed 3 season porch, upstairs unit has a second covered porch as well. Close to Winooski Town Center, Shops and Restaurants, Mallett's Bay and just a 10 minute drive to Downtown Burlington. 2 car garage with additional 5+ parking spots in driveway. Showings start Saturday 3/3.

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Geri Reilly Real Estate
Geri Reilly Real Estate
Office: 802.862.6677
340 Dorset Street
Suite 4
South Burlington, VT 05403

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Listed by Michaela Quinlan of Coldwell Banker Hickok and Boardman

Listing Sold by Cannizzaro Real Estate

More Info

Parking

  • Parking Spaces2

Building

  • Year Built1920
  • Building ConstructionWood Frame
  • StyleDuplex, Multi-Family, Multi-Level
  • Units2
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Floor Location1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location2
  • Unit 2 Style2nd floor
  • Unit 2 Total Rooms4
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • Bathroom1
  • Total Baths1
  • BasementCrawl Space, Gravel, Insulated, Storage Space, Unfinished
  • FoundationStone

Other

  • Seasonal Y/NNo
  • Operating ExpensesGarbage, Ground Maintenance, Insurance, Maintenance/Repairs, Snow Removal
  • Occupant RestrictionsPets - Allowed
  • TrashCurbside
  • bloggingNo
  • Page538-539
  • Book750
  • Date Showings Begin2018-03-03
  • Delayed ShowingsYes
  • Number of Photos40
  • View Count45

Basic Information

  • Virtual TourClick Here
  • Date Listed02/28/2018
  • StatusSLD
  • Property TypeMulti-Family
  • List Price$270,000
  • Agent NameQuinlan
  • Broker NameColdwell Banker Hickok and Boardman
  • Selling Agent NamePaul Cannizzaro
  • MLS Number4678670

Interior

  • FloorsCarpet, Hardwood, Vinyl

Exterior

  • ExteriorVinyl Siding
  • RoofMembrane, Shingle - Architectural
  • Exterior ColorWhite

Amenities

  • Exterior Amenities
    • Garden Space
    • Porch - Covered
    • Porch - Enclosed
    • Storage
    • Window Screens
    • Windows - Double Pane

Location

  • Building Number2751
  • StreetMallett's Bay
  • TownColchester
  • StateVT
  • Zip05446
  • CountyChittenden
  • Elementary SchoolMalletts Bay Elementary School
  • Junior HighColchester Middle School
  • High SchoolColchester High School
  • Flood Zone Y/NUnknown

Property

  • Acreage0.4
  • Square Feet1394
  • APX Fin AG Sqft1394
  • RoadsPublic
  • Lot DescriptionNear Shopping, Suburban, Near Public Transportatn Major Road Frontage, Sloping

Utilities

  • Heat FuelGas - Natural
  • Heat SystemDirect Vent, Monitor Type
  • WaterPublic
  • Water HeaterElectric, Gas - Natural, Owned, Separate
  • Electric100 Amp,110 Volt, Circuit Breaker(s)
  • SewerPublic

Colchester, VT Demographics

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