2787 Malletts Bay Avenue Colchester, Vermont 05446 MLS# 4714750

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Sold Status

$293,500 Sold Price

Multi Type

4 Beds

2 Baths

1,881 Sqft

Listed By Brad Chenette of Chenette Real Estate
Sold By John Black Real Estate Team of Coldwell Banker Hickok and Boardman

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Just completed extensive renovations of lower unit, Bathroom, Flooring, kitchen work, new laundry area, new appliances, electrical/plumbing upgrades Fire Marshal compliance work. 2017 installed new Natural Gas furnace in lower apartment. Separate utilities payed by tenants. Low maintenance vinyl siding. Plenty of off street paved parking. 2 car garage, one bay for each tenant commands premium additional rent. Washer dryer with each unit that tenant love. Convenient Colchester location near downtown work centers, St Mike’s College and UVM. Lower unit vacant and ready for new tenant or new owner to occupy. Upper unit vacant end Sept. †

Property Location

2787 Malletts Bay Avenue Colchester

Property Details

Essentials

Sold Price $293,500		Sold Date Oct 10th, 2018
List Price 293,500	Bedrooms 4	Garage Size 2 Car
Cooperation Fee Unknown	Total Bathrooms 2	Year Built 1900
MLS# 4714750	Lot Size 0.26 Acres	Taxes $4,890
Type Multi-Family	Days on Market 2281 Days	Tax Year 2018
Units 2	Stories 1/1/1900	Road Frontage 241
Annual Income $29,400	Style Apartment Building	Water Frontage
Annual Expenses $10,133	Finished 1,881 Sqft	Construction No, Existing
Zoning Residential	Above Grade 1,881 Sqft	Seasonal No
Total Rooms 4	Below Grade 0 Sqft	List Date Aug 24th, 2018

Expenses

Gross Income $29,400	Operating Expenses $10,133	Net Income $19,267

Expenses Includes

Unit Size & Rent

Unit 1 2 Beds, 1 Baths, 1,195 SqFt, $1,475/Monthly	Unit 2 2 Beds, 1 Baths, 686 SqFt, $875/Monthly

Building

ConstructionWood Frame
BasementInterior, Interior Stairs, Bulkhead, Full
Interior Features
Exterior Features

Exterior Wood, Vinyl, Clapboard	Disability Features
Foundation Stone, Other	House Color Beige
Floors Vinyl, Carpet, Manufactured	Building Certifications
Roof Slate, Slate	HERS Index

Property

DirectionsFrom Winooski City North onto Malletts Bay Ave. After crossing Colchester Town Line, property is on the Right, corner of Young St and Malletts Bay Ave.
Lot DescriptionUnknown, Corner, Shed
Garage & Parking Yes, , , Off Street

Road Frontage 241	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Residential

Schools

School District Colchester School District	Middle Colchester Middle School
Elementary	High Colchester High School

Utilities

Heat Fuel	Excluded
Heating/Cool None, Vented Gas Heater	Negotiable
Sewer Pumping Station, Pumping Station, Septic Design Available	Parcel Access ROW
Water Public, Metered	ROW for Other Parcel
Water Heater Electric, Tank, Separate, Rented	Financing
Cable Co Comcast	Documents Septic Design, Property Disclosure, Deed, Plot Plan, State Wastewater Permit
Electric Circuit Breaker	Tax ID 153-048-16948

† The remarks published on this webpage originate from Listed By Brad Chenette of Chenette Real Estate via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.