205 Blakely Road, Colchester, VT 05446
Local realty services provided by:ERA Key Realty Services
205 Blakely Road,Colchester, VT 05446
$860,000
- 7 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: mikail stein
Office: re/max north professionals802-655-3333
MLS#:5079063
Source:PrimeMLS
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Price summary
- Price:$860,000
About this home
BACK ON THE MARKET at no fault of the seller/property. Located on the outskirts of Malletts Bay, just down from the town offices, schools, and immediately in front of the Colchester Recreation Center, is 205 Blakely Road. At almost 4000sqft the property consists of 4 units, 7 Bedrooms and 4 Bathrooms. Each spacious unit, at almost 1000sqft per unit, includes a full bath, a full kitchen with dishwashers, natural light, low pile carpet or vinyl flooring, new windows, and more. Some of the more recent updates and highlights include new flooring, new efficient Weil McLain natural gas boiler, new windows, 5 year old roof, coin op laundry, and convenient storage sheds on site. The Department of Health has extended a waiver (in 2013) to the property from any IRC practices due to a Clay Point Associates, INC report detecting no lead paint on or within the residential structure. The property and the lot hold enormous potential! Ready for immediate occupancy in all units or consider updating at your leisure throughout to increase rental projections for this desirable location. At 0.70 acres there is potential to put another property on the property and potential investors are encouraged to do their own due diligence. With current rents and estimates for vacancies the CAP rate is 7.90% and easily brought to nearly 9%. Surrounded by community, schools, parks and recreation, and close to shopping and groceries this is a ideal investment or fantastic owner occupied home....
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Home facts
- Year built:1972
- Listing ID #:5079063
- Added:178 day(s) ago
- Updated:September 07, 2026 at 06:24 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Carpet, Vinyl, Vinyl Plank
- Basement Description:Finished, Interior
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Shingle
- Year built:1972
- Levels:1.5 Story
Schools
- High school:Colchester High School
- Middle school:Colchester Middle School
- Elementary school:Colchester Middle School
Utilities
- Sewer:Septic
Finances and disclosures
- Price:$860,000
- Tax amount:$7,812 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Paved Driveway
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