$585,000

783 Main St Colchester, VT 05446

Estimated payment $3,835/month

Total Views 594
5 Beds
2 Baths
2,782 Sq Ft
$210 Price per Sq Ft

Highlights

  • 1.93 Acre Lot
  • Raised Ranch Architecture
  • Baseboard Heating
  • Deck
  • Garden
  • Trails

About This Home

Opportunity awaits right in Colchester's desirable Main Street Village! This raised ranch-style duplex features an upstairs unit that offers a bright and spacious living room, perfect for entertaining, a kitchen with ample storage space, and a dining room with access to the back deck. Bring your grill and Adirondack chairs and enjoy the relaxation! Three large bedrooms with hardwood floors throughout and a full bathroom add plenty of convenience. The lower unit features a large living room with natural light, two bedrooms, an additional office space, a kitchen with ample storage, laundry room, and a full bath. Set on 1.93 acres, the expansive backyard provides plenty of space for recreation, while the detached outbuilding offers even more storage or workshop potential. This property is ideal for investors or owner-occupants looking to start or add to their portfolio, with a prime location that's walking distance to local favorites like the Village Scoop and all Main Street amenities, and just minutes from Malletts Bay, Lake Champlain, I-89, Burlington, and the UVM Medical Center. Low rents due to long term tenants. Possible subdivision.

Last Listed By

Geri Reilly

Geri Reilly Real Estate License #081.0002576 Listed on: 06/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,610

Year Built

  • Built in 1967

Lot Details

  • 1.93 Acre Lot
  • Garden

Home Design

  • Raised Ranch Architecture
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Property has 1 Level

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Separate Meters
  • Internet Available

Listing and Financial Details

  • Tax Lot 1.93

Community Details

Overview

  • 2 Units

Recreation

  • Trails

Building Details

  • 2 Leased Units
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,610

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: Take I-89 N to exit 16, turn right onto US-2 Veer right onto main st, property will be on your left.
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1967
  • Display On Internet: Internet - Cable
  • Architectural Style: Multi-Family, Raised Ranch
  • ResoLotFeatures: Landscaped, Other, Sidewalks, Street Lights, Trail/Near Trail, Walking Trails
  • Road Frontage Type: Paved
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 1391.0
  • Unit Levels: One
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 2782
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • SqFt_Apx_Total: 2782
  • Basement_Access_Type: Interior
  • Separate_Utilities: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Water Heater – Electric
  • Total Bedrooms: 5
  • Flooring: Carpet, Laminate
  • Basement: Finished, Full
  • Basement YN: Yes
  • Below Grade Sq Ft: 1391.0

Exterior Features

  • Driveway: Paved
  • Exterior Features: Building, Deck, Garden, Natural Shade, Porch
  • Roof: Shingle
  • Easements: Unknown
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved

Utilities

  • Electric: Circuit Breakers
  • Sewer: Septic Tank
  • Heating: Baseboard, Electric, Monitor Type
  • Cooling: None
  • Utilities: Cable Available
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: R3
  • Lot Size Acres: 1.93
  • Lot Size Sq Ft: 84071.0

Multi Family

  • Gross Income: 38400.0
  • Number Of Units Total: 2
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6610.0
  • Tax Lot: 1.93

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,609 $0 $0 $0
2023 $6,082 $0 $0 $0
2022 $5,831 $0 $0 $0
2021 $5,896 $0 $0 $0
2020 $5,754 $0 $0 $0
2019 $5,551 $0 $0 $0
2018 $5,422 $0 $0 $0
2017 $5,190 $242,900 $0 $0
2016 $5,160 $242,900 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 For Sale $585,000 -- $210 / Sq Ft
Source: PrimeMLS

Similar Home in Colchester, VT

  • 3880 Roosevelt Hwy, Colchester, VT 05446

    $550,000

    • 3 Beds
    • 3 Baths
    • 2,058 Sq Ft
    • 3880 Roosevelt Hwy
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    This raised ranch duplex is set well off the road on a nearly 2 acre lot. The lot has a large fenced in backyard and rolling terrain.  The whole property is in great shape and ready for owner occupied or investor.  The large detached 2 car garage has lots of overhead storage accessed via a stairway in the rear.  Nice patio and gazebo on the private yard and plenty of play area for kids and dogs.

    Warren Palm BHHS Vermont Realty Group/S Burlington

    Section Image

Source: PrimeMLS

MLS Number: 5044573

PrimeMLS

APN: (048) 25-0980030000000