Cale Roberts
REALTOR®
BEDS7
BATHS4 full
SQUARE FEET3,520
MLS#5079063
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
SCHOOLColchester
Listing Courtesy of:
RE/MAX North Professionals
Agency Phone: 802-655-3333
Associate Name: Mikail Stein
Property Description
BACK ON THE MARKET at no fault of the seller/property. Located on the outskirts of Malletts Bay, just down from the town offices, schools, and immediately in front of the Colchester Recreation Center, is 205 Blakely Road. At almost 4000sqft the property consists of 4 units, 7 Bedrooms and 4 Bathrooms. Each spacious unit, at almost 1000sqft per unit, includes a full bath, a full kitchen with dishwashers, natural light, low pile carpet or vinyl flooring, new windows, and more. Some of the more recent updates and highlights include new flooring, new efficient Weil McLain natural gas boiler, new windows, 5 year old roof, coin op laundry, and convenient storage sheds on site. The Department of Health has extended a waiver (in 2013) to the property from any IRC practices due to a Clay Point Associates, INC report detecting no lead paint on or within the residential structure. The property and the lot hold enormous potential! Ready for immediate occupancy in all units or consider updating at your leisure throughout to increase rental projections for this desirable location. At 0.70 acres there is potential to put another property on the property and potential investors are encouraged to do their own due diligence. 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: None
Heating: Hot Water, Boiler
Home Style: Gambrel
Lot Size: 0.70 Acres
Roof Type: Shingle
Stories: 1.5
Taxes: $7,812
Year Built: 1972
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $2050.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Unit 3:
Bathroom(s): 1
Bedrooms: 2
Unit 4:
Bathroom(s): 1
Bedrooms: 2
Rent: $2000.00
Amenities
Natural Shade
Shed
Feature Descriptions
Color: red
Construction: Board and Batten Exterior, Vinyl Siding
Construction Status: Existing
Days on Site: 86
Driveway: Paved
Driveway: Paved
Electric: Circuit Breaker(s)
Exterior: Board and Batten Exterior, Vinyl Siding
Flood Zone: No
Flooring: Carpet, Vinyl, Vinyl Plank
Foundation: Block
Foundation: Block
Lot: Level
Parking: Driveway, On-Site, Parking Spaces 1 - 10
Roads: Public
Sewer: Septic
Sq. Ft. Total Finished: 3520
Total Stories: 1.5
Units: 4
Water: Public
Zoning: LS2
Local Schools
High School: Colchester High School
Middle School: Colchester Middle School
Elementary School: Colchester Middle School
School District: Colchester
Listed By / Shown By
Listed By
Agency Name: RE/MAX North Professionals
Agent Name: Mikail Stein
Agency Phone: 802-655-3333
Shown By
Agent Name: Cale Roberts
Agent Phone:
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
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Estimated Payment
$ 2,916.51 per month $2,003.01 Principal & Interest $651.00 Property Tax $262.50 Homeowner's Insurance
Listing data compilation and photo(s) copyright © 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Last Updated 2026-06-05 23:33:24 
205 Blakely Road | MLS# 5079063
This multi-family property located at 205 Blakely Road, Colchester, VT 05446 is currently listed for sale with an asking price of $900,000. Blakely Road is located within the Colchester school district. Search Colchester real estate on caleroberts.masiellogrouprealestate.com today.