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Property profile & analytics
OFF-MARKET Estimated value $640,000
Residential income homes

314 Colchester Ave Burlington, VT 05401-1409

1,880 SF 1.06 ac lot Built 1860
Entity Owned 2-yr Hold Free & Clear
Property ID
US89-0172634
Property profile
Verified
Property type Residential income homes
Use group APARTMENT HOUSE (UNDER 5 UNITS)
Year built 1860
Construction FRAME
Total area 1,880 SF
Lot 1.06 ac (46,174 SF)
Zoning code RL
APN (035) 046-3-118-000
UPID US89-0172634
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$740k
CAP Approach CAP
by Request
Comparable Approach Comparable
$535k
Blend (final) Blend
$640k
Owner & transaction history
Vrei LLC · 2 yrs held
Vrei LLC
since 2023
Last sale
$615,000
6 recorded transactions
2023
Price N/A
2021
$615,000
2019
Price N/A
2013
$399,000
2011
$1
2005
Price N/A
Zoning & alternative use
RL · Burlington, VT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

1. The Residential Lower Intensity (Residential Low, RL) district is intended primarily for residential development that includes a mix of housing types such as single detached dwellin gs, with or without accessory dwelling units, duplexes, triplexes and quadplex organized in a compact neighborhood-scale that complements respective neighborhoods’ development…

Zone name Residential Low Intensity
General category RESIDENTIAL
Zone area 2,146.44 ac
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