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Listed price in listed location currency (USD).
$900,000

040

MLS® 5079063

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1760 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.7 acres
Approx. Age 1972
Avg. Price Per Sqft $511
MLS® Number 5079063

Property Address: 205 Blakely Rd, Colchester, VT, 05446-4032

Average square foot calculated using Size range provided by listing agent.

Description

Located on the outskirts of Malletts Bay, just down from the town offices, schools, and immediately in front of the Colchester Recreation Center, is 205 Blakely Road. At almost 4000sqft the property consists of 4 units, 7 Bedrooms and 4 Bathrooms. Each spacious unit, at almost 1000sqft per unit, includes a full bath, a full kitchen with dishwashers, natural light, low pile carpet or vinyl flooring, new windows, and more. Some of the more recent updates and highlights include new flooring, new efficient Weil McLain natural gas boiler, new windows, 5 year old roof, coin op laundry, and convenient storage sheds on site. The Department of Health has extended a waiver (in 2013) to the property from any IRC practices due to a Clay Point Associates, INC report detecting no lead paint on or within the residential structure. The property and the lot hold enormous potential! Ready for immediate occupancy in all units or consider updating at your leisure throughout to increase rental projections for this desirable location. At 0.70 acres there is potential to put another property on the property and potential investors are encouraged to do their own due diligence. With current rents and estimates for vacancies the CAP rate is 7.90% and easily brought to nearly 9%. Surrounded by community, schools, parks and recreation, and close to shopping and groceries this is a ideal investment or fantastic owner occupied home.
MLS® Number5079063
Laundry Level
Central VacNo
FireplaceNo
Acreage0.7
Exterior
GarageNo
Approx. Age1972
BasementFinished
DrivewayDriveway, On Site, Parking Spaces 1 - 10
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 12, 2026List Date
$900,000List Price
  • Commute

Commute

Starting Address
Destination Address
205 Blakely Rd, Colchester, VT

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