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Courtesy of Flex Realty Group of Flex Realty: .

965 Main Street

Colchester, VT 05446
  • $775,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 4976726
UPDATED: 48 min ago
$775,000
  • 5
    BEDS
  • 0.21
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,180
    SQFT
  • $244
    $/SQFT
Type:
Multi-Family
Built:
1923
County:
Area:

School Information

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

Description

Welcome to a property that truly showcases the "Pride of Ownership" in every detail! This immaculate 4-unit building has been fully updated, providing an exceptional investment opportunity in a prime location. With 3 residential units and 1 spacious commercial unit, it's the perfect blend of versatility and potential. Upon arrival, you'll be impressed by the meticulous care this property has received. Recent renovations have left no stone unturned. New plumbing and wiring ensure modern functionality, updated windows provide energy efficiency, and a new rubber membrane roof offers worry-free protection. Moreover, the building is certified lead paint free, providing a safe environment for tenants and visitors alike. Parking is a breeze with more than 12 spaces, including a barn with extra storage space above. Tenants will appreciate the convenience of lockable storage units and a coin-operated laundry in the fully insulated basement. The residential units offer both space and style, with two (2) bedroom units and one (1) bedroom unit, ensuring broad appeal to potential tenants. The commercial unit is ideal for an office setup, featuring a 1/2 bath, a conference room, 2 private offices, and a secretary space/lobby. There's even room to expand the conference room or add an additional office, tailoring the space to your specific needs. This property is a prime investment opportunity, offering not only cash flow but also the potential to increase rents in the future!

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© Copyright 2023 PrimeMLS. 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 PrimeMLS. 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 2023-12-07T07:06:49.153.
www.livingvermont.com/homes/145001038
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965 Main Street Colchester, VT 05446

  • Price: $775,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 48 min ago
  • MLS #: 4976726
5
Beds
3
Baths
0
½ Baths
0.21
Acres
3,180
SQFT
$244
$/SQFT
1923
Built
County:
Chittenden
Area:
Colchester
Elementary School:
Union Memorial Primary School
Middle School:
Colchester Middle School
High School:
Colchester High School
School District:
Colchester School District
Property Description
Welcome to a property that truly showcases the "Pride of Ownership" in every detail! This immaculate 4-unit building has been fully updated, providing an exceptional investment opportunity in a prime location. With 3 residential units and 1 spacious commercial unit, it's the perfect blend of versatility and potential. Upon arrival, you'll be impressed by the meticulous care this property has received. Recent renovations have left no stone unturned. New plumbing and wiring ensure modern functionality, updated windows provide energy efficiency, and a new rubber membrane roof offers worry-free protection. Moreover, the building is certified lead paint free, providing a safe environment for tenants and visitors alike. Parking is a breeze with more than 12 spaces, including a barn with extra storage space above. Tenants will appreciate the convenience of lockable storage units and a coin-operated laundry in the fully insulated basement. The residential units offer both space and style, with two (2) bedroom units and one (1) bedroom unit, ensuring broad appeal to potential tenants. The commercial unit is ideal for an office setup, featuring a 1/2 bath, a conference room, 2 private offices, and a secretary space/lobby. There's even room to expand the conference room or add an additional office, tailoring the space to your specific needs. This property is a prime investment opportunity, offering not only cash flow but also the potential to increase rents in the future!
Exterior Features

Construction Wood Frame Driveway GravelPaved Exterior Vinyl Exterior Features BarnDeckFence - PartialGarden SpaceOther - See RemarksPorch - CoveredPorch - Enclosed Garage Description Other Has Garage No Lot Description CornerLevel Parking DrivewayOff StreetParking Spaces 11 - 20 Road Frontage TBD Roads PavedPublic Roof MembraneShingle - Asphalt Style Multi-Family

Interior Features

Basement Access Type Interior Basement Description Concrete FloorFullInsulatedStairs - InteriorStorage - LockedStorage Space Cooling None Flooring CarpetHardwoodVinyl Foundation Stone Has Basement Yes Heating BaseboardElectricGas Heater - VentedHot AirHot WaterMonitor Type Total Heated Units 4 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 4 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Water Heater Electric

Property Features

Construction Status Existing Electric Circuit Breaker(s) Electric Company Green Mountain Power Flood Zone No Foreclosed / Bank Owned / REO No Fuel Company VGS Gross Income 55800 Heat Fuel Gas - Natural Possession At Closing Pre Construction No Seasonal No Separate Utilities Yes Sewer Septic Tax Gross Amount 7056.54 Tax Year 2023 Taxes Tbd No Total Electric Meters 5 Total Gas Meters 4 Total Leases 3 Total1 Bed Units 1 Total2 Bed Units 2 Total3 Plus Bed Units 0 Trash CansOwnerRecycle Unit1 Info Appliances IncludedFireplace - GasHeat - Natural GasPorchRange - ElectricRefrigeratorWater Heater Unit1 Rental Amount 1300 Unit1 Tenant Pays ElectricHeatHot WaterInternet Service Unit2 Info Appliances IncludedHeat - Natural GasPorchRange - ElectricRefrigeratorWater Heater Unit2 Rental Amount 1150 Unit2 Tenant Pays ElectricHeatHot WaterInternet Service Unit3 Info Appliances IncludedHeat - Natural GasPorchRange - ElectricRefrigeratorWater Heater Unit3 Rental Amount 1200 Unit3 Tenant Pays ElectricHeatHot WaterInternet Service Unit4 Info DeckHeat - Natural GasHot WaterPorchWater Heater Unit4 Tenant Pays ElectricHeatHot WaterInternet Service Utilities Cable - At SiteGas - On-SiteHigh Speed Intrnt -AtSiteTelephone Available Water Public Zoning GD1

Courtesy of Flex Realty Group of Flex Realty: .


© Copyright 2023 PrimeMLS. 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 PrimeMLS. 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 2023-12-07T07:06:49.153.
 
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RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446