Multi-Family for Sale: 250 Colchester Road, Essex Junction, VT 05452

4 beds
2 full baths
1,997 sqft
$425,000
$425,000
250 Colchester Road, Essex Junction, VT 05452
4 beds
2 full baths
1,997 sqft
$425,000
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Price:
$425,000
$20,000 - 08/27/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Duplex, Ranch
Beds 4
Total Baths 2 full baths
Square Feet 1,997 sqft
Lot Size 0.38 acres
Year Built 1950
Taxes Paid $5,135
City Essex Junction
County Chittenden
School District Essex School District
MLS 5007625
Status Active
DOM 50 days
This beautifully renovated duplex, featuring over $60,000 in updates, offers one-level living with 2 bedrooms and 1 bath per unit. Recent upgrades include new flooring, roof, exterior siding, paint, plumbing, and a new hot water tank in one unit. The property boasts new appliances, a $16,000 electrical upgrade, drilled well with new expansion tank, and a septic pumping with Terralift rejuvenation. The large lot is adorned with crab apple trees, berry bushes, and lilacs. Each unit has bonus rooms (two in one unit, one in the other), and tenants pay their own utilities, including mowing and snow shoveling. The property is heated with natural gas, keeping costs low. Two driveways provide ample parking. Located conveniently on Rt-2 between Essex and Colchester, with easy access to Mallets Bay, Burlington City, restaurants, shopping, and outdoor recreation. Ideal for investors or as an owner-occupied income property.

Lot & Building Features

Appliances Water Heater – Electric, Water Heater – Gas
Utilities Telephone Available
Construction Wood Frame
Cooling None
Heat Source Gas - Natural
Heating Forced Air
Parking Description Driveway
Sewer 1000 Gallon, Septic
Tax Year 2023
Taxes Paid $5,135
Water Drilled Well
Basement Description Partial
Foundation Concrete
Lot Description Level
Roof Metal
Garage No

Community and Schools

Elementary School Albert D. Lawton School
Senior High School Essex High

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Info Cooktop - Electric, Refrigerator, Kitchen Island, Dishwasher
Unit 1 Lease Term Month to Month
Unit 1 Level Number 1
Unit 1 Rental Amount 1750.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Rooms 5
Unit 1 Status Month to Month
Unit 1 Tenant Pays All Utilities, Water, Snow Removal, Sewer, Internet Service, Heat, Electric
Unit 2 Baths 1
Unit 2 Bedrooms 2
Unit 2 Info Appliances Included, Water Heater, Smoke Detector, Refrigerator, Heat - Natural Gas, Dishwasher, Cooktop - Electric
Unit 2 Lease Term Month to Month
Unit 2 Level Number 1
Unit 2 Rental Amount 2000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 4
Unit 2 Status Month to Month
Unit 2 Tenant Pays All Utilities

Price History of 250 Colchester Road

Date Name Price Difference
08/27/2024 Price Adjustment $425,000 4.49%
07/31/2024 Listing Price $445,000 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
$500,000
$248 / sqft
Average
$500,000
$248 / sqft
High
$500,000
$248 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Essex Junction 05452 4 2.0 $425,000 1,997 $213 N/A
10-12 Silver Bow Terrace Essex Junction 05452-4132 4 2.0 $500,000 2,020 $248 07/08/2024

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Map of 250 Colchester Road, Essex Junction, VT

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Inquire about this property

Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Sherwood Real Estate, Tami Lantz & Shayna Sherwood
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1.2082823529412%
6.75%
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250 Colchester Road (MLS #5007625) is a multi-family listing located in Essex Junction, VT. This multi-family listing is 1,997 sqft and on a lot of 16,553 sqft (or 0.38 acres) with 4 bedrooms, 2 baths and is 74 years old. This property was listed on 07/31/2024 and has been priced for sale at $425,000.

The 4 bedroom multi-family listing at 10-12 Silver Bow Terrace in Essex Junction is nearby and sold for $500,000 on 07/08/2024.

Nearby zip codes are 05403, 05446, 05451, 05482 and 05495. This property neighbors other cities such as Colchester, Essex, South Burlington, Williston and Winooski.

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Listing information courtesy of: Sherwood Real Estate

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