Multi-Family for Sale: 460-462 Colchester Avenue, Burlington, VT 05401

4 beds
2 full baths
2,136 sqft
$699,999
$699,999
460-462 Colchester Avenue, Burlington, VT 05401
4 beds
2 full baths
2,136 sqft
$699,999
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Price:
$699,999
$30,001 - 09/03/2024

Type Multi-Family
Style Duplex
Beds 4
Total Baths 2 full baths
Square Feet 2,136 sqft
Lot Size 0.15 acres
Year Built 1900
Taxes Paid $14,160

City Burlington
County Chittenden
School District Burlington School District

MLS 4999496
Status Active
DOM 104 days
Phenomenal 2-unit turn-key investment property in Burlington! You'll get the best of both worlds as this property is a stone's throw to Winooski restaurants, bars, and shopping. You'll also be minutes away from UVM, Champlain College, Saint Michael's College, and UVM Medical Center making this property a highly attractive option to renters. Unit 1 offers 2 bedrooms and a full bathroom, as well as a spacious, bright living room with an open flow to a roomy kitchen equipped with updated stainless appliances and plenty of storage/counter space. There is also a full basement where the washer/dryer are located! Unit 2, located on the second and third floor, is a sunny unit featuring two spacious bedrooms as well as a large flex space on the third floor. The living room, bathed in natural light, provides a relaxing place to unwind after a long day. The kitchen in this unit also boasts updated stainless appliances and plenty of storage space as well. As you wander to the outside, enjoy a lovely, covered porch facing the city of Winooski, perfect for relaxing with friends. The spacious backyard with a patio is a fun spot to grill and play yard games. Both units offer a washer/dryer and two off-street parking spaces per unit as an added bonus. Conveniently, the bus stop is located right in front of the property making commutes to and from your daily activities a breeze year-round!

Lot & Building Features

Appliances Water Heater – Electric, Water Heater – Tank, Water Heater – Owned
Utilities Cable, Gas - Underground
Construction Clapboard Exterior, Wood Frame, Wood Exterior
Cooling None
Heat Source Gas - Natural
Heating Hot Air
Parking Description Driveway, Parking Spaces 4
Sewer Public
Tax Year 2024
Taxes Paid $14,160
Water Public
Basement Description Bulkhead, Unfinished, Storage Space, Stairs - Interior, Stairs - Basement, Slab, Full, Dirt Floor, Dirt, Concrete Floor, Concrete
Foundation Stone
Lot Description City Lot, Trail/Near Trail, Street Lights, Sidewalks, Curbing
Roof Membrane, Slate
Features Exterior Fence - Partial, Storage, Shed, Porch, Patio, Natural Shade
Garage No

Community and Schools

Elementary School Choice
Junior High School Choice
Senior High School Burlington High School

Unit Features

Unit 1 Apx Sqft 876
Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info CO Detector, Water Heater, Washer, Storage, Smoke Detector, Porch, Microwave, Laundry Hookup, Hot Water, Heat - Natural Gas, Heat, Electric, Dryer, Dishwasher
Unit 1 Lease Term Other
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 2200.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Internet Service, Hot Water, Heat
Unit 2 Apx Sqft 1296
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info CO Detector, Water Heater, Washer, Smoke Detector, Refrigerator, Range - Gas, Microwave, Laundry Hookup, Hot Water, Heat - Natural Gas, Heat, Electric, Dryer, Dishwasher
Unit 2 Lease Term Annual
Unit 2 Level Number 2
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 2600.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 6
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Internet Service, Hot Water, Heat

Price History of 460-462 Colchester Avenue

Date Name Price Difference
09/03/2024 Price Adjustment $699,999 4.11%
06/07/2024 Listing Price $730,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$525,000
$239 / sqft
Average
$592,875
$278 / sqft
High
$715,000
$357 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Burlington 05401 4 2.0 $699,999 2,136 $328 N/A
58 East Spring Street Winooski 05404 5 3.0 $525,000 2,196 $239 03/07/2024
357 Saint Paul Street Burlington 05401 4 3.0 $595,000 2,051 $290 03/15/2024
106 Howard Burlington 05401 5 3.0 $715,000 2,002 $357 04/12/2024
25 Platt Street Winooski 05404 4 2.0 $536,500 2,267 $237 04/01/2024

Map of 460-462 Colchester Avenue, Burlington, VT

Location Map Street View
Photo of Maureen Carey
Direct: 603-944-7834
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Coldwell Banker Hickok and Boardman, Sarah Harrington
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2.0228600326572%
6.75%
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460-462 Colchester Avenue (MLS #4999496) is a multi-family listing located in Burlington, VT. This multi-family listing is 2,136 sqft and on a lot of 6,534 sqft (or 0.15 acres) with 4 bedrooms, 2 baths and is 124 years old. This property was listed on 06/07/2024 and has been priced for sale at $699,999.

The 4 bedroom multi-family listing at 25 Platt Street in Winooski is nearby and sold for $536,500 on 04/01/2024. Another nearby 5 bedroom multi-family listing, 58 East Spring Street in Winooski sold for $525,000 on 03/07/2024.

Nearby zip codes are 05043, 05403, 05404, 05408 and 05446. This property neighbors other cities such as Colchester, Essex, Essex Junction, South Burlington and Winooski.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Hickok and Boardman

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 09/18/2024