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2537 Malletts Bay Avenue, Colchester, VT

Price: $714,900 Status: Pending
Taxes: $6,452 Beds / Baths: 6 / 4
Type: Single Family Sq. Feet: 3207
Address: 2537 Malletts Bay Avenue
 
Remarks: 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 10:30amto 1pm, please feel free to stop by!

This property offered by Mikail Stein of RE/MAX North Professionals.
 
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 Property Features
Property Information Request More Info
 Type: Single Family  Year Built: 1968
 Lot Size: 0.68 acres  Road Frontage: TBD
 Total Rooms: 11  Full Baths: 4
 Bedrooms: 6  Half Baths: 1
 Square Footage: 3207  School District: Colchester School District
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