Pending

Listing Tools

Listed by Mikail Stein of RE/MAX North Professionals
With $150,000 in updates this property is looking for it's next owners! With over 3200 finished sqft, 6 total bedrooms and 4 total baths this could be a owner occupied home, or a fantastic investment property. The current owners poured their hearts into this home with major updates to the kitchen (including everything from the cabinets to the lighting and appliances) new full bath, the addition of a Mitsubishi Mini Split, new washer and dryer, updating trim and painting throughout, recently serviced gas heaters, new chimney liner, they removed and repaired drop ceilings, replaced the front window, landscaping, and more! In the larger unit (2600sqft+) you'll find split level living with 4 bedrooms and 2.5 baths. The upstairs primary bedroom has it's own 1/2 bath. The smaller unit, with vaulted ceilings, has 2 bedrooms and a full bath with it's own washer and dryer as well. There is a 2 car garage set up so that each bay is separate. The almost 3/4 of an acre is broken into 2 private yards split by privacy fencing between each unit. Estimated rental numbers put this property at a CAP rate of 7.86% or just over $56,000/yr in net profit. Only 1.3 Miles to the Winooski circle makes the town an easy visit, and Burlington's Church Street is only 3.8 miles or a 10 minute commute away. Lake Champlain's Bayside Park in Colchester is 3 miles up the road and great skiing is as close as 30 minutes away. Open house is planned for Saturday 5/9/26 from 10:30am to 1pm, please feel free to stop by!

More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1968
  • Building ConstructionWood Siding
  • StyleRaised Ranch
  • Units2
  • Unit 1 Bath3
  • Unit 1 Bedrooms4
  • Unit 1 Floor Location1 and B
  • Unit 1 Total Rooms8
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 2 Floor Location1
  • Unit 2 Styleapartment
  • Unit 2 Total Rooms3
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms1
  • Bathroom4
  • Total Baths4
  • BasementFinished
  • FoundationBlock

Basic Information

  • Virtual TourView Tour
  • StatusPEN
  • List Price$714,900
  • Date Price Change05/07/2026
  • MLS Number5087582
  • MLS StatusPending

Property

  • Acreage0.68
  • GarageYes
  • Parking Spaces2
  • Lot DescriptionHilly, Near Shopping, Near Hospital, Near School(s), Private
  • Square Feet3,207
  • APX Fin AG Sqft2,063
  • RoadsPaved, Public
  • AreaVT-Chittenden

Amenities

  • PricePerSqFt222.92

Other

  • Taxes$6,451
  • Tax Year Notes25/26
  • Seasonal Y/NNo
  • Operating Expenses12241
  • TrashCans, Curbside
  • Date Listed05/07/2026
  • Unit 1 Deposit$3,500
  • Unit 2 Rent Amount$2,200
  • View Count2

Location

  • TownColchester
  • StateVT
  • Zip05446
  • CountyChittenden
  • Zoningrez
  • Elementary SchoolMalletts Bay Elementary School
  • Junior HighColchester Middle School
  • High SchoolColchester High School
  • Address2537 Malletts Bay Avenue
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade1,144

Exterior

  • RoofShingle

Utilities

  • Heat SystemNatural Gas, Direct Vent, Electric
  • WaterPublic
  • ElectricCircuit Breaker(s)
  • SewerSeptic
  • UtilitiesOther

Map Location

Driving Directions

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Copyright 2026 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 May 15, 2026 2:39 PM EDT

 

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