205 Blakely RD, Colchester, VT 05446
205 Blakely RD, Colchester, VT 05446
205 Blakely RD, Colchester, VT 05446
52
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Listed by Mikail Stein • RE/MAX North Professionals
Bought with Sheena R McClain • Lake Point Properties
$860,000
$900,000 4.4%
Est. payment /mo
7 Beds
4 Baths
3,520 SqFt
Sold on 07/31/2026

205 Blakely RD Colchester, VT 05446

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Kathryn Zambon
Kathryn Zambon

Agent | License ID: 082.0134603

+1(802) 417-2311

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Key Details

Sold Price $860,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,520 sqft

Price per Sqft $244

MLS Listing ID 5079063

Sold Date 07/31/26

Bedrooms 7

Full Baths 4

Construction Status Existing

Year Built 1972

Annual Tax Amount $7,812

Tax Year 2026

Lot Size 0.700 Acres

Acres 0.7

Property Description

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.

Location

State VT

County Vt-chittenden

Area Vt-Chittenden

Zoning LS2

Rooms

Basement Entrance Interior

Basement Finished

Interior

Cooling None

Flooring Carpet, Vinyl, Vinyl Plank

Exterior

Utilities Available Other

Roof Type Shingle

Building

Story 1.5

Sewer Septic

Architectural Style Gambrel

Construction Status Existing

Schools

Elementary Schools Colchester Middle School

Middle Schools Colchester Middle School

High Schools Colchester High School

School District Colchester School District

PrimeMLS

Nearby Locations

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Kathryn Zambon

Kathryn Zambon

Agent | License ID: 082.0134603

+1(802) 417-2311

Name
Phone*
Message

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205 Blakely RD