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Mendi Michael

[email protected] +1(802) 342-8410

Listed by Mikail Stein • RE/MAX North Professionals

$ 714,900

Est. payment -/mo

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Under Contract

2537 Malletts Bay AVE Colchester, VT 05446

6 Beds

4 Baths

3,207 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,207 sqft

Price per Sqft $222

MLS Listing ID 5087582

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1968

Annual Tax Amount $6,451

Tax Year 2025

Lot Size 0.680 Acres

Acres 0.68

Property Description

With $150,000 in updates this property is looking for it's next owners! With over 3200 finished sqft, 6 total bedrooms and 4 total baths this could be a owner occupied home, or a fantastic investment property. The current owners poured their hearts into this home with major updates to the kitchen (including everything from the cabinets to the lighting and appliances) new full bath, the addition of a Mitsubishi Mini Split, new washer and dryer, updating trim and painting throughout, recently serviced gas heaters, new chimney liner, they removed and repaired drop ceilings, replaced the front window, landscaping, and more! In the larger unit (2600sqft+) you'll find split level living with 4 bedrooms and 2.5 baths. The upstairs primary bedroom has it's own 1/2 bath. The smaller unit, with vaulted ceilings, has 2 bedrooms and a full bath with it's own washer and dryer as well. There is a 2 car garage set up so that each bay is separate. The almost 3/4 of an acre is broken into 2 private yards split by privacy fencing between each unit. Estimated rental numbers put this property at a CAP rate of 7.86% or just over $56,000/yr in net profit. Only 1.3 Miles to the Winooski circle makes the town an easy visit, and Burlington's Church Street is only 3.8 miles or a 10 minute commute away. Lake Champlain's Bayside Park in Colchester is 3 miles up the road and great skiing is as close as 30 minutes away. Open house is planned for Saturday 5/9/26 from 10:30am to 1pm, please feel free to stop by!

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning rez

Rooms

Basement Entrance Interior

Basement Finished

Interior

Cooling Mini Split

Exterior

Garage Spaces 2.0

Utilities Available Other

Roof Type Shingle

Building

Story 1.5

Sewer Septic

Architectural Style Raised Ranch

Construction Status Existing

Schools

Elementary Schools Malletts Bay Elementary School

Middle Schools Colchester Middle School

High Schools Colchester High School

School District Colchester School District

NEARBY SCHOOLS & PROPERTIES

Mendi Michael

Advisor | License ID: 082.0134719

+1(802) 342-8410

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