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202-204 Main Street, Colchester, VT 05446

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For Sale

$615,000

5 beds • 3,155 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $194.93
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

This versatile duplex offers an excellent opportunity for owner-occupants or investors alike. Built in 1967 and zoned for commercial use, the property is currently configured as two residential units. The larger 3-bedroom, 1-bath unit boasts a tiled entryway with a picture window, leading into a flexible room perfect for a home office or mudroom. The open kitchen features warm wood floors, vaulted ceilings, a gas stove, bay sink, dishwasher, and a large walk-in pantry or storage closet. The oversized bathroom includes vinyl floors and charming wainscoting. The main bedroom includes two closets, while the third bedroom is currently outfitted as a substantial walk-in closet. Enjoy outdoor living on a large deck overlooking a fenced yard with a chicken coop perfect for hobby farmers. This unit is heated with natural gas via a forced hot air furnace. The finished basement offers tile flooring, abundant storage, and a workshop area with bulkhead access. The 2-bedroom, 1-bath unit has its own private entrance and deck, a cozy living space, a compact but functional kitchen with an electric stove, and a full bathroom with in-unit washer and dryer. Currently tenant-occupied, it is generating $1,825/month with a lease in place through June 15, 2025 with potential for rental increase. Whether you're looking to live in one unit and rent the other, run a home-based business, or simply invest, this duplex presents a unique blend of space utility, and location.
MLS# 5043450

Courtesy Of KW Vermont

(802) 654-8500

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range, Refrigerator
  • Architecture Style
    Other
  • Lot Size
    0.7 Acres
  • Rooms
    Basement

Map and Directions

Directions to 202-204 Main Street, Colchester, VT 05446

Home seller CENTURY 21 North East

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CENTURY 21 North East

(802) 782-8662
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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