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2751 Mallett's Bay, Colchester, VT 05446

3 Bed, 2 Bath Multi-Family Home For Sale

2751 Mallett's Bay, Colchester, VT 05446 House For Sale - MLS #4678670
Off the Market
$270,000
3
2
Multi-Family
2 Family
This listing is courtesy of Michaela Quinlan from Coldwell Banker Hickok And Boardman

Get $5,400 (2% of purchase price) back on this home as part of our MassRealty Premier Program


Property Description for 2751 Mallett's Bay, Colchester, VT 05446

Do not miss out on this fantastic investment, cap rate 7.5%. This property is easy to rent! 1 bedroom rents for $1000 and 2 bedroom unit rents for $1200. Owners have taken great care of the property since they bought in 2013. Updates since purchase include: 1st floor unit: remodeled/expanded bath; Kitchen: cabinets, counter top, appliances and flooring; sanded and refinished wood floors, new carpet in hall, front door, got rid of popcorn ceiling. 2nd floor unit: new kitchen counter tops, sink/counter top in bath, two egress windows, removed popcorn ceiling. Basement: new steel support beams, two new 40 gallon gas hot water heaters, put in pea gravel. Washer (2018) & dryer (2015). Each unit has an enclosed 3 season porch, upstairs unit has a second covered porch as well. Close to Winooski Town Center, Shops and Restaurants, Mallett's Bay and just a 10 minute drive to Downtown Burlington. 2 car garage with additional 5+ parking spots in driveway. Showings start Saturday 3/3.

Interior Details

1,394 sq. ft.
$193.69/sq. ft.
7
Public
Public

Exterior Details

0.40 acres
17,424 sq. ft.
2
2 Garage Spaces
Driveway; Off Street; Parking Spaces 6+
Wood Frame
Stone

Other Details

4678670
1920
$2,200

Units Description

Unit #1
Rooms: 3      Living Area: 722 sq. ft.      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,000     
Interior Features : Appliances Included; Co Detector; Cooktop - Electric; Dryer; Heat - Natural Gas; Kitchen Island; Porch; Range - Electric; Refrigerator; Separate; Storage; Washer; Water Heater

Unit #2
Rooms: 4      Living Area: 672 sq. ft.      Bedrooms: 2      Full / Half Baths: 1      Rent: $1,200     
Interior Features : Appliances Included; Co Detector; Cooktop - Electric; Electric; Heat - Natural Gas; Porch - Screened; Refrigerator; Separate; Smoke Detector; Water Heater

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Monthly Mortgage Payments

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$1,708

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