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Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman: [IDXCONTACTINFORMATION].

186-190 Colchester Road

Essex, VT 05452
  • $1,300,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 4933091
UPDATED: 23 min ago
$1,300,000
  • 8
    BEDS
  • 4.1
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,602
    SQFT
  • $361
    $/SQFT
Type:
Multi-Family
Built:
1980
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Attention investors & developers! Two buildings on 4.1 acres with potential to double the number of units! Currently a single-family colonial and raised ranch-style duplex - both with 2-car garages and plenty of flat yard surrounded by mature trees. Long-term tenants with rent increases starting January 2023. Public water, separate septic, & recently serviced heating systems. Great short term enhanced development and revenue, and potential long-term enhanced development and revenue. Roof on 186 Colchester Rd is newer. Good location on the corner of Susie Wilson Road and Route 2 just minutes to all Essex amenities and just 15 minutes to Burlington.

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© Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-05T22:05:42.47.
www.livingvermont.com/homes/133814146
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186-190 Colchester Road Essex, VT 05452

  • Price: $1,300,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 23 min ago
  • MLS #: 4933091
8
Beds
4
Baths
0
½ Baths
4.1
Acres
3,602
SQFT
$361
$/SQFT
1980
Built
County:
Chittenden
Area:
Essex
Elementary School:
Essex Elementary School
Middle School:
Essex Middle School
High School:
Essex High
School District:
Essex School District
Property Description
Attention investors & developers! Two buildings on 4.1 acres with potential to double the number of units! Currently a single-family colonial and raised ranch-style duplex - both with 2-car garages and plenty of flat yard surrounded by mature trees. Long-term tenants with rent increases starting January 2023. Public water, separate septic, & recently serviced heating systems. Great short term enhanced development and revenue, and potential long-term enhanced development and revenue. Roof on 186 Colchester Rd is newer. Good location on the corner of Susie Wilson Road and Route 2 just minutes to all Essex amenities and just 15 minutes to Burlington.
Exterior Features

Color White/Brow Construction Wood Frame Driveway Gravel Exterior BrickVinyl Exterior Features Deck Garage Description Assigned Garage Type2 Attached Has Garage Yes Lot Description Corner Parking DrivewayGarageOff StreetOn-SiteUnassigned Road Frontage Yes Road Frontage Length 332 Roads PavedPublic Roof Shingle - Asphalt Style Saltbox

Interior Features

Basement Access Type Walkout Basement Description Apartments Cooling None Flooring CarpetVinyl Foundation Concrete Has Basement Yes Heating BaseboardHot Water Total Heated Units 2 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 2 Unit1 Approx Sq Ft 1440 Unit1 Baths 1 Unit2 Approx Sq Ft 1480 Unit2 Baths 1 Unit3 Approx Sq Ft 1300 Unit3 Baths 2 Water Heater Gas - NaturalOwnedShared

Property Features

Auction No Cable Company Xfinity Construction Status Existing Electric Circuit Breaker(S) Electric Company Green Mountain Power Flood Zone Unknown Foreclosed / Bank Owned / REO No Fuel Company Vermont Gas Gross Income 60900 Heat Fuel Gas - Natural Possession At ClosingTenant Rights Pre Construction No Seasonal No Separate Utilities Varies Sewer Septic Tax Gross Amount 12805.28 Tax Year 2022 Taxes Tbd No Total Electric Meters 2 Total Gas Meters 2 Total Leases 3 Total1 Bed Units 0 Total2 Bed Units 1 Total3 Plus Bed Units 2 Unit1 Info DeckDryerHeat - Natural GasRange - ElectricRange - GasRefrigeratorWasher Unit1 Tenant Pays ElectricInternet Service Unit2 Tenant Pays Internet Service Unit3 Tenant Pays Internet Service Utilities Internet - Cable Water Public Zoning Residential

Courtesy of Lipkin Audette Team of Coldwell Banker Hickok And Boardman: [IDXCONTACTINFORMATION].


© Copyright 2023 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-02-05T22:05:42.47.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446