Attention investors & developers! Two buildings on 4.1 acres with potential to double the number of units! Currently a single-family colonial and raised ranch-style duplex - both with 2-car garages and plenty of flat yard surrounded by mature trees. Long-term tenants with rent increases starting January 2023. Public water, separate septic, & recently serviced heating systems. Great short term enhanced development and revenue, and potential long-term enhanced development and revenue. Roof on 186 Colchester Rd is newer. Good location on the corner of Susie Wilson Road and Route 2 just minutes to all Essex amenities and just 15 minutes to Burlington.

More Info

Tax Information

Tax Year2022

Building

Year Built1980
Building ConstructionWood Frame
StyleSaltbox
Units3
Unit 1 Bath1
Unit 1 Bedrooms3
Unit 1 Total Rooms5
Unit 2 Bath1
Unit 2 Bedrooms3
Unit 2 Floor Location2
Unit 2 StyleRaised Ranch - Upstairs
Unit 2 Total Rooms5
Unit 3 Bath2
Unit 3 Bedrooms2
Unit 3 Floor Location1
Unit 3 StyleRaised Ranch - Downstairs
Unit 3 Total Rooms4
# of 2 Bedrooms1
# of 3+ Bedrooms2
Bathroom4
Total Baths4
BasementApartments
FoundationConcrete

Basic Information

StatusSLD
List Price$865,000
Date Price Change04/15/2023
MLS Number4933091
MLS StatusClosed
Sale Date07/31/2023

Property

Acreage4.1
GarageAssigned
Parking Spaces4
Lot DescriptionCorner
Square Feet3,602
APX Fin AG Sqft2,662
Road Frontage332
RoadsPaved, Public

Utilities

Heat FuelGas - Natural
Heat SystemBaseboard, Hot Water
WaterPublic
Water HeaterGas - Natural, Owned, Shared
ElectricCircuit Breaker(s)
SewerSeptic
UtilitiesInternet - Cable

Location

TownEssex
StateVT
Zip05452
CountyChittenden
ZoningResidential
Elementary SchoolEssex Elementary School
Junior HighEssex Middle School
High SchoolEssex High
Flood Zone Y/NUnknown

Interior

APX Fin Below Grade940
FloorsCarpet, Vinyl

Exterior

ExteriorBrick, Vinyl
RoofShingle - Asphalt
Exterior ColorWhite/Brow

Amenities

Exterior AmenitiesDeck
PricePerSqFt281.74

Other

Taxes$12,805.28
Seasonal Y/NNo
Date Listed10/10/2022
Unit 1 Deposit$1,825
Unit 2 Rent Amount$1,750
Unit 3 Rent Amount$1,500
View Count19

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