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961-967 Mill Pond Road, Colchester, VT

Residential Multi-Family Apartment Complex -

For Sale: Two (2), Six unit residential apartment buildings and 46 +/- acres.

Description:

Excellent investment opportunity on a quiet road in Colchester, Vermont. Very well maintained twelve unit complex designed as townhouse style with 2 bedrooms, kitchen, living room, a full bath, and full usable basements.  The two 6-unit buildings include laundry hookups in basements, ample parking and outdoor space.  Located less than a mile to Colchester Village and a short 20 minute drive to downtown Burlington. Enjoy easy access to both Rt. 2/7 and I-89. Property offers strong tenant history with consistent rental income.

Zoning: Residential

Investment Highlights:

  • Income: $158,770
  • Expenses: $40,267
  • Net Operating Income: $118,432

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