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Great investment property with lots of opportunities for income producing! Brick Federal farmhouse with 3 units on 3 acres in Mallett's Bay. This well maintained Triplex has had numerous updates including metal roof, 3 new natural gas heat boilers, deck, vinyl windows & siding. There are several out buildings including a fantastic gigantic 2-story barn built in 1992 which includes a rented heated workshop, a heated mechanical garage, pole barn, chicken coop & adorable detached reproduction Schoolhouse. There is room to expand the 2 bay garage and summer kitchen with storage below. Updates & Improvements include metal roof, 3 new natural gas heat boilers, deck, vinyl windows and siding. Watch the sun rises and beautiful sunsets with Lake Champlain views from the 2nd story! Low turnover and often long-term tenants. Located in a fantastic location, the property is next to Rosetti Nature Area and Thayer Beach access. Just minutes to restaurants, shopping, town parks & beach accesses, Sunset drive-in movie theater & elementary school, yet just 15 minutes to downtown Burlington and a short drive to the interstate. This property offers many opportunities for the new owner! 3D Virtual Tours Available Of House And Barns.

More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$1,100,000
  • MLS Number4863524
  • MLS StatusActive

Property

  • Acreage3.19
  • GarageAuto Open
  • Parking Spaces20
  • Square Feet3,802
  • APX Fin AG Sqft3,802
  • Road Frontage450
  • RoadsPublic
  • Lot DescriptionField/Pasture, Lake View, Sidewalks In Town, Near Paths, Near Shopping

Utilities

  • Heat FuelGas - Natural
  • Heat SystemBaseboard, Hot Water, Radiator
  • UtilitiesCable, Gas - On-Site, High Speed Intrnt -AtSite, Internet - Cable
  • WaterPublic
  • Water HeaterGas - Natural, Owned, Tank
  • ElectricCircuit Breaker(s)
  • Sewer1500+ Gallon, Leach Field, Septic

Location

  • TownColchester
  • StateVT
  • Zip05446
  • CountyChittenden
  • ZoningResidential
  • Elementary SchoolPorters Point School
  • Junior HighColchester Middle School
  • High SchoolColchester High School
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Hardwood, Vinyl

Exterior

  • ExteriorBrick, Vinyl Siding
  • RoofMetal, Slate
  • Exterior ColorBrick

Amenities

  • Exterior Amenities
    • Barn
    • Deck
    • Porch - Covered
    • Porch - Enclosed
    • Poultry Coop
    • Shed

Water Body

  • Water Body TypeLake
  • Water Body NameLake Champlain
  • Water AccessNo
  • Water ViewYes

Building

  • Year Built1859
  • Building ConstructionWood Frame
  • StyleFarmhouse, Federal, Multi-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Total Rooms2
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3 Bedrooms1
  • Bathroom3
  • Total Baths3
  • BasementBulkhead, Concrete, Concrete Floor, Stairs - Interior
  • FoundationConcrete, Stone

Other

  • Taxes$10,120
  • Seasonal Y/NNo
  • TrashDumpster
  • Unit 1 Deposit$1,350
  • Unit 2 Rent Amount$1,400
  • Unit 3 Rent Amount$900
  • View Count1

Map Location

Driving Directions

Listed by The Nancy Jenkins Team of Nancy Jenkins Real Estate
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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 June 13, 2021.

 

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