1659 MAIN STREET Colchester, VT 05446 | Multi-Family
$925,000 ![]()
Closed
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7637 sqft.
Listing Courtesy of
Chenette Real Estate
Description
Well maintained 8 unit complex on a 4 acre lot in country like setting for those who prefer to be away from the city. Nicely designed building with 2 units on lower level, 4 units on mid level and 2 units on upper level. Common area with numerous storage lockers for tenants. Lots of Colchester municipal recreational opportunities on Malletts Bay yet close to Essex for shopping and dining. (Part of operating expense figure includes property taxes, and $11,500 in maintenance/ property management fees.)
Property Details
List Price
$925,000
Sold Price
$925,000
List Date
2020-08-27
Sold Date
2020-12-22
MLS ID
4825179
Status
Closed
Property Type
Multi-Family
County
VT-Chittenden
Days on Market
51
structure
AG Finished Area
4800.0
basement
Yes
cooling
None
foundation details
Poured Concrete
garage y n
No
heating
Baseboard, Hot Water
living area
7637.0
living area units
Square Feet
new construction
Existing
Parking Features
Gravel
roof
Shingle - Asphalt
stories
2
year built
1973
characteristics
Acres
4
lot size area
4.19
Lot SqFt
182516.0
lot size units
Acres
# of Units
8
road frontage type
Public
road surface type
Public
tax
tax annual amount
19326.0
tax year
2020
zoning
Yes
financial
gross income
119700.0
net operating income
70392.0
operating expense
49308.0
contract
foreclosure y n
No
compensation
Buyer Agency Comp.
3
Buyer Agency Comp. Type
%
Non-Rep Comp.
3
Compensation Disclaimer
The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 5:59:49 AM (UTC)
