701-703 West Lakeshore Drive Colchester, Vermont 05446 MLS# 4608768

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Sold Status

$305,000 Sold Price

Multi Type

4 Beds

2 Baths

1,680 Sqft

Listed By Geri Reilly of Geri Reilly Real Estate
Sold By KW Vermont
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Colchester

701-703 West Lakeshore Drive

Side by side duplex with two bedrooms, 1 bath on each side, mirroring each other, separate utilities, full basement with laundry hook ups. Beautiful 1 acre lot with 4 fruit trees, backs up to the woods, detached garage & shed. Currently under-rented, owner was getting $1200 plus utilities per unit. Recent zoning change to Lakeshore 2 (LS2) - endless possibilities, PUD, offices, multi-family, commercial, residential - check out the Colchester zoning regulations!

Property Location

701-703 West Lakeshore Drive Colchester

Property Details

Sold Price  $305,000 Sold Date  May 19th, 2017
List Price  309,900 Bedrooms  4 Garage Size  1 Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1973
MLS#  4608768 Lot Size  1 Acres Taxes $4,536
Type  Multi-Family Days on Market  2932 Days Tax Year 2016
Units  2 Stories  1 Road Frontage  115
Annual Income  $19,200 Style  Duplex Water Frontage  
Annual Expenses  $6,562 Finished  1,680 Sqft Construction  No, Existing
Zoning   LS2 Above Grade  1,680 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Nov 11th, 2016
Gross Income  $19,200 Operating Expenses  $6,562 Net Income  $12,638
Expenses Includes 
Unit 1   2 Beds, 1 Baths, 840 SqFt, $800/Monthly Unit 2   2 Beds, 1 Baths, 840 SqFt, $800/Monthly
ConstructionWood Frame
BasementWalk-up, Full, Storage Space, Exterior Stairs, Unfinished, Dirt
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Block House Color  Green
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Architectural HERS Index  
DirectionsPrim Road, right onto West Lakeshore Drive, property on right next to Ace hardware.
Lot Description, Level, Walking Trails, Commercial Zoning, Shed
Garage & Parking  Yes, Unassigned, , Driveway
Road Frontage  115 Water Access  
Driveway  Other, Dirt Water Type  
Flood Zone  No Water Body  
Zoning  LS2
School District  Colchester School District Middle  Colchester Middle School
Elementary  Malletts Bay Elementary School High  Colchester High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Individual, Hot Air Negotiable  
Sewer  1000 Gallon, Septic Parcel Access ROW  No
Water  Public ROW for Other Parcel  No
Water Heater  Electric, Tank, Rented, Tank Financing  
Cable Co  Comcast Documents  Property Disclosure, Deed
Electric  Circuit Breaker Tax ID  153-048-21692
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† The remarks published on this webpage originate from Listed By Geri Reilly of Geri Reilly 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.