Located just a few blocks from the shores of Lake Champlain's Mallet's Bay, this Colchester duplex is an excellent investment opportunity. An established rental property with separate utilities, detached garage and additional parking, each unit features three finished floors and a private back deck. Both units feature two bedrooms and an additional office on the top level, with bathrooms on each floor - two full-sized and one half-bath. Large finished basements provide ample room for storage or additional entertainment space. Unit 2 has an updated kitchen and both feature washer/dryer hook-ups. Currently rented on a month-to-month basis at a below-market rate, with room to increase rental income. Unit 2 tenants vacate on June 1st, making for the potential to Owner Occupy. Lake and land recreation areas are easily accessible, with several nearby beaches and Burlington's bike path just a short distance away. Showings begin Friday, 4/16.
Off market
$759,400
386-388 Marble Island Rd, Colchester, VT 05446
4beds
3,960sqft
MultiFamily
Built in 1988
-- sqft lot
$759,400 Zestimate®
$192/sqft
$2,742 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Gas
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Laminate, Linoleum / Vinyl
Interior area
- Total interior livable area: 3,960 sqft
Property
Parking
- Parking features: Garage - Detached
Lot
- Size: 0.47 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1988
Community & neighborhood
Location
- Region: Colchester
Services availability

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