5 months on rocket

460-462 Colchester Ave, Burlington, VT, 05401

$699,999

0.15 Acres
$328/SqFt
Land

Location

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Property Highlights

Home TypeOther
ParkingDriveway, Parking Spaces 4
Year Built1900
HeatingForced Air
CoolingNone
BasementYes
MLS #4999496
Lot Size0.15 Acres
StatusActive

About 460-462 Colchester Ave

Phenomenal 2-unit turn-key investment property in Burlington! You'll get the best of both worlds as this property is a stone's throw to Winooski restaurants, bars, and shopping. You'll also be minutes away from UVM, Champlain College, Saint Michael's College, and UVM Medical Center making this property a highly attractive option to renters. Unit 1 offers 2 bedrooms and a full bathroom, as well as a spacious, bright living room with an open flow to a roomy kitchen equipped with updated stainless appliances and plenty of storage/counter space. There is also a full basement where the washer/dryer are located! Unit 2, located on the second and third floor, is a sunny unit featuring two spacious bedrooms as well as a large flex space on the third floor. The living room, bathed in natural light, provides a relaxing place to unwind after a long day. The kitchen in this unit also boasts updated stainless appliances and plenty of storage space as well. As you wander to the outside, enjoy a lovely, covered porch facing the city of Winooski, perfect for relaxing with friends. The spacious backyard with a patio is a fun spot to grill and play yard games. Both units offer a washer/dryer and two off-street parking spaces per unit as an added bonus. Conveniently, the bus stop is located right in front of the property making commutes to and from your daily activities a breeze year-round!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 2
  • Living Area: 2,136 SqFt

Listing Office:

  • Office Name: Coldwell Banker Hickok and Boardman
  • Office Phone: (802) 863-1500
  • Listing Agent: Sarah Harrington

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Softwood, Tile

Exterior Features

Exterior Information:

  • Exterior: Fence - Partial, Natural Shade, Patio, Porch, Shed, Storage

Parking Information:

  • Parking: Driveway, Parking Spaces 4

Lot Features

Lot Information:

  • Lot: Fencing
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,999
  • Price Per SqFt: $328/SqFt
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Housing Market Comparison

See how this home compares to others in Burlington, VT.

Med. List Price

$475K

Med. Price/SqFt

$339

Avg. Days On Market

58

# of Sold Homes

14

460-462 Colchester Ave vs Burlington

169 DAYS ON ROCKET

+111 Days

$699,999

+$224.9K More

$328/SqFt

-$12 Less

KEY TAKEAWAY

This property is $224.9K more than the Median List Price and $12/SqFt less than other homes in Burlington, VT.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Number: #4999496

Listing Office:

  • Office Name: Coldwell Banker Hickok and Boardman
  • Office Phone: (802) 863-1500
  • Listing Agent: Sarah Harrington

IDX© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this site comes in part from the IDX Program of PrimeMLS. 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/24/2024, 1:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1037054
4
/10
  • Edmunds Elementary School

  • 299 Main St

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-1037055
3
/10
  • Integrated Arts Academy

  • 6 Archibald St

  • 1.12 miles

  • Public Magnet Grades PK-5

school-card-donut-1037056
5
/10
  • Sustainability Academy

  • 123 North St

  • 1.14 miles

  • Public Magnet Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,500. The most common annual income of people living in Burlington, VT is less than $35k. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 460-462 Colchester Ave

What is the listing price of this property?

The listing price of 460-462 Colchester Ave property is $699,999.

What type of property is this?

The property 460-462 Colchester Ave is land located in Burlington, Vermont, 05401.

Is this property for sale now?

Active Listing: 460-462 Colchester Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 460-462 Colchester Ave is 0.15 acres.
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Rocket Homes›Vermont›Chittenden County›Burlington›05401›460-462 Colchester Ave

This home is located at 460-462 Colchester Ave in Burlington, VT and zip code 05401 in the UVM / Fletcher Allen Health Care neighborhood. This 2,136 square foot home, which was built in 1900, sits on a 0.15 acre lot. It has been listed on Rocket Homes since June 07, 2024 and is currently priced at $699,999.

The inventory of homes for sale in Burlington, VT between September 2024 and October 2024 increased by 61.8%. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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