Spacious Colchester Quadplex Near
205 Blakely Road, Colchester, VT 05446
Four units, seven bedrooms, desirable location near amenities.
Type:Multi Family
Property size:
3,520 SFLot size:
0.70 AcresPrice / SF:
$255/SF- Added:
- Mar 8, 2026
- Days on Market:
- 84
- Last Refresh:
- Mar 17 at 1:36 am
Property Features for 205 Blakely Road
General Information
- Standard status
- Active
- Size
- 3,520 SF
- Lot size
- 0.70 Acres
- Property subtype
- Multi Family
Building Details
- Year Built
- 1972
Listing agent Mikail Stein (802) 861-6248
Listing office RE/MAX North Professionals (802) 861-6248
Listing date Mar 8, 2026
Source Compass
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HighLights
- High CAP rate of 7.90%, with potential to reach nearly 9%.
- Four spacious units, each approximately 1000 sqft, with full kitchens and dishwashers.
- Prime location near schools, town offices, the Colchester Recreation Center, parks, shopping, and groceries.
- Recent updates including a new efficient Weil McLain natural gas boiler, new windows, and a 5‑year‑old roof.
- Lead paint free, confirmed by a Department of Health waiver.
- Large 0.70‑acre lot with potential for additional construction, subject to due diligence.
Overview
Located on the outskirts of Malletts Bay, near town offices and schools, and directly in front of the Colchester Recreation Center, the property at 205 Blakely Road consists of four units within almost 4000 square feet. Each spacious unit, approximately 1000 square feet, features a full bath, a full kitchen with dishwashers, natural light, low pile carpet or vinyl flooring, and new windows. Recent updates include new flooring, a new efficient Weil McLain natural gas boiler, new windows, a five-year-old roof, and on-site coin-operated laundry and storage sheds. A Department of Health waiver, issued in 2013, exempts the property from IRC practices due to a Clay Point Associates, INC report indicating no lead paint within the residential structure. Situated on 0.70 acres, the property offers potential for additional development, subject to due diligence. The property is ready for immediate occupancy in all units, or consider updating at your leisure throughout to increase rental projections for this desirable location. 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. The property includes a total of seven bedrooms and four bathrooms.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Colchester
- County
- Chittenden
- State
- Vermont
- Longitude
- -73.2131141
- Latitude
- 44.5428413
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FAQs
What type of property is this?
Quadplex - Four units, seven bedrooms, desirable location near amenities.
Where is this quadplex located?
The property is located at 205 Blakely Road Colchester, VT.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: High CAP rate of 7.90%, with potential to reach nearly 9%.; Four spacious units, each approximately 1000 sqft, with full kitchens and dishwashers.; Prime location near schools, town offices, the Colchester Recreation Center, parks, shopping, and groceries.
