460-462 Colchester Avenue Burlington, Vermont 05401 MLS# 4999496
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$699,999 List Price
Multi Type
4 Beds
2 Baths
2,136 Sqft
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Burlington
Fantastic Burlington Duplex!
Phenomenal 2-unit turn-key investment property in Burlington! You'll get the best of both worlds as this property is a stone's throw to Winooski restaurants, bars, and shopping. You'll also be minutes away from UVM, Champlain College, Saint Michael's College, and UVM Medical Center making this property a highly attractive option to renters. Unit 1 offers 2 bedrooms and a full bathroom, as well as a spacious, bright living room with an open flow to a roomy kitchen equipped with updated stainless appliances and plenty of storage/counter space. There is also a full basement where the washer/dryer are located! Unit 2, located on the second and third floor, is a sunny unit featuring two spacious bedrooms as well as a large flex space on the third floor. The living room, bathed in natural light, provides a relaxing place to unwind after a long day. The kitchen in this unit also boasts updated stainless appliances and plenty of storage space as well. As you wander to the outside, enjoy a lovely, covered porch facing the city of Winooski, perfect for relaxing with friends. The spacious backyard with a patio is a fun spot to grill and play yard games. Both units offer a washer/dryer and two off-street parking spaces per unit as an added bonus. Conveniently, the bus stop is located right in front of the property making commutes to and from your daily activities a breeze year-round!
Cooperation Fee - 3%
The Seller(s) of this property has authorized the Listing Agency/Agent to offer a Cooperation Fee or Seller Concession toward Buyers’ closing costs in the amount of 3% with accepted terms of an offer. This fee is offered to Buyer’s Agents and Broker’s Agents. This fee must be agreed to in writing within the terms of the Purchase & Sale Contract or in a fully executed Commission Allocation Agreement or Cooperation Agreement between the brokerage firms; and will be paid at closing.✱
Property Location
Property Details
List Price 699,999 | Bedrooms 4 | Garage Size Car |
---|---|---|
Cooperation Fee 3% | Total Bathrooms 2 | Year Built 1900 |
MLS# 4999496 | Lot Size 0.15 Acres | Taxes $14,160 |
Type Multi-Family | Days on Market 167 Days | Tax Year 2024 |
Units 2 | Stories 2 | Road Frontage 100 |
Annual Income $57,600 | Style Near Shopping | Water Frontage |
Annual Expenses $0 | Finished 2,136 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 2,136 Sqft | Seasonal No |
Total Rooms 4 | Below Grade 0 Sqft | List Date Jun 7th, 2024 |