762 Bean Road Colchester, Vermont 05446 MLS# 4845051

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Sold Status

$385,000 Sold Price

Multi Type

5 Beds

2 Baths

2,500 Sqft

Listed By Geri Reilly of Geri Reilly Real Estate
Sold By Geri Reilly Real Estate

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Don't miss out on this great opportunity! Well maintained, two unit building with a 3 bedroom, 1 bath upstairs unit, perfect for owner occupied with spacious kitchen, living room with bay window, screened porch and deck off of kitchen, plus family room in lower level, rent out the 2 bedroom, one bath unit with open floor plan kitchen/living room. Spacious bedrooms, separate entrance, tenants pay electric and snow removal, owner pays heat and hot water. Plenty of parking, oversized one car garage. All on 1.42 acres, plenty of garden space and yard for entertaining, convenient location, minutes to bike path, Winooski River, town beaches, UVM Medical Center, and Church Street marketplace. A prime Mallett's Bay location! †

Property Location

762 Bean Road Colchester

Property Details

Essentials

Sold Price $385,000		Sold Date Mar 26th, 2021
List Price 379,900	Bedrooms 5	Garage Size 1 Car
Cooperation Fee Unknown	Total Bathrooms 2	Year Built 1980
MLS# 4845051	Lot Size 1.42 Acres	Taxes $6,418
Type Multi-Family	Days on Market 1396 Days	Tax Year 2020
Units 2	Stories 1	Road Frontage 238
Annual Income $36,000	Style Multi-Family, Raised Ranch	Water Frontage
Annual Expenses $0	Finished 2,500 Sqft	Construction No, Existing
Zoning RES-2	Above Grade 1,268 Sqft	Seasonal No
Total Rooms 5	Below Grade 1,232 Sqft	List Date Jan 25th, 2021

Expenses

Gross Income $36,000	Operating Expenses $0	Net Income $24,000

Expenses Includes

Unit Size & Rent

Unit 1 3 Beds, 1 Baths, 1,268 SqFt, $1,650/Monthly	Unit 2 2 Beds, 1 Baths, 1,232 SqFt, $1,350/Monthly

Building

ConstructionWood Frame
BasementWalk-up, Apartments, Full
Interior Features
Exterior Features

Exterior Vinyl Siding	Disability Features
Foundation Poured Concrete	House Color Yellow
Floors Vinyl, Carpet, Laminate	Building Certifications
Roof Shingle-Architectural	HERS Index

Property

DirectionsRoute 127, right onto McRae Road, left onto Bean Road, house on left.
Lot DescriptionNo, Landscaped, Country Setting, Walking Trails, Suburban
Garage & Parking Yes, Unassigned, , Driveway

Road Frontage 238	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning RES-2

Schools

School District NA	Middle Colchester Middle School
Elementary Porters Point School	High Colchester High School

Utilities

Heat Fuel	Excluded
Heating/Cool None, Baseboard, Multi Zone, Hot Water	Negotiable
Sewer Septic	Parcel Access ROW No
Water Public	ROW for Other Parcel No
Water Heater Tank, Owned, Gas-Natural	Financing
Cable Co Comcast	Documents Property Disclosure, Deed, Tax Map
Electric Circuit Breaker	Tax ID 153-048-17362

† 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.