460-462 Colchester Avenue Burlington, VT 05401
Turn-key duplex near amenities and colleges, ideal for investment.
Property Features for 460-462 Colchester Avenue
General Information
- Standard status
- Active
- Size
- 2,136 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing office Coldwell Banker Hickok and Boardman (802) 846-8800
Listing date Mar 18, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Strong investment potential or owner‑occupy opportunity in a turn‑key duplex.
- Prime location near Winooski's dining, nightlife, and shopping, with easy access to universities and UVM Medical Center.
- Each unit features updated stainless‑steel appliances, ample storage, and in‑unit laundry.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.1k | $15.96 |
| − Vacancy | −$389 | −$0.18 |
| EGI | $33.7k | $15.78 |
| − OpEx | −$10.1k | −$4.73 |
| NOI | $23.6k | $11.04 |