Essex Junction, VT | 250 Colchester Road

$415,000
MLS#: 5007625
2
# of Units
1,997
Total Sq. Feet
0.38
Acres
$6,119
Taxes
1 of 14

General Property Information

Price:
$415,000
County:
VT-Chittenden
Acres:
0.38
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Tami Lantz
Sherwood Real Estate

Fully rented duplex offers one-level living with 2 bedrooms and 1 bath per unit, plus bonus living space and plentiful storage. Recent upgrades include newer flooring, roof, exterior siding, paint, plumbing, and natural gas hot water tanks. The property boasts new appliances, electrical upgrades, drilled well with new expansion tank, and a recent 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), which are great as guest rooms or craft nooks. Tenants pay their own utilities - including heat, electric, lawn care, trash, and snow removal. The property is heated efficiently with natural gas. Two large driveways provide 4+ parking spaces per unit. Property is 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. Industrial zoning provides opportunity for a business to operate in this central location. Sizeable lot, bordered in the backyard by a large gulch, has plentiful privacy from neighbors.

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1950
Parking:
Road Frontage:
99
Acres:0.38
Gross Income:
45,000
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
2
Sq Ft (Above Ground):
1997
Sq Ft (Below Ground):
0
Total Sq Ft:
1997
Land Description:Level,Near Paths,Near Shopping,Near Hospital
Elementary School:
Albert D. Lawton School
Middle School:
High School:
Essex High
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
5
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Monthly Rent:
1750.00

Unit 2

#Rooms:
4
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
1
Unit Style:
Monthly Rent:
2000.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-07-31
Last Updated:
2025-01-28 15:50:04

Stowe Office

Debby Burnor

(P) 802.253.9771
(F) 802.253.9993
email

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