205 Blakely Rd
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Description
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...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.
- Listed by Mikail Stein • RE/MAX North Professionals
Property Details for 205 Blakely Road
Structure Type
Stick Built Off-Site
ZoningLS2
LISTING UPDATED: 03/19/2026 01:14 AM
Property Details for 205 Blakely Road
| Status | Active |
|---|---|
| MLS # | 5079063 |
| Days on Market | 8 |
| Taxes | $7,812 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1972 |
| Lot Size | 0.70 AC / 30,492 SF |
| County | Chittenden County |
Location
Listing Courtesy of RE/MAX North Professionals
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Building Information for 205 Blakely Road
Stories1Residences4Year Built1972Building Size-Lot Size0.70 AC / 30,492 SF
Payment Calculator
$5,019 per month
30 year fixed, 6.11% Interest
Principal and Interest
$4,368
Property Taxes
$651
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 205 Blakely Road
Summary
Location and General Information
- City: Colchester
- County: VT-Chittenden
- Directions: Off of Exit 16 in Colchester head North on Route 2 towards Milton, turn left onto Route 127 (Blakely Road). The property is the first right after Dick Mazza Drive (the Colchester Recreation Center).
- Latitude: 44.542821000001005
- Longitude: -73.213099999999997
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Street Designation: Road
- Zip Code: 05446
Taxes and HOA Information
- SPAN Number: 153-048-21841
- Tax Year: 2026
- Taxes TBD: No
Parking
- Garage: No
- Driveway: Paved
Virtual Tour
- Property Panorama Virtual Tour: https://tour.primemls.com/205-Blakely-Road-Colchester-VT-05446/unbranded
Property
Lot Information
- Lot Features: Level
- Lot Size Acres: 0.7
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: No
- Planned Urban Developmt: No
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1972
Utilities
- Electric Company: Green Mountain Power
- Cable Company: Xfinity
- Fuel Company: Vermont Gas
- Electric: Circuit Breaker(s)
- Sewer: Septic
- Water Source: Public
- Utilities: Other
- Total Gas Meters: 1
- Total Electric Meters: 5
- Separate Utilities: Varies
- Internet: Cable Internet
Interior and Exterior Features
Exterior Features
- Color: red
- Construction Materials: Board and Batten Exterior, Vinyl Siding
- Roof: Shingle
- Total Ranges: 4
Interior Features
- Appliances: Water Heater
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Finished
- Total Full Baths: 4
- Flooring: Carpet, Vinyl, Vinyl Plank
- Heating: Hot Water, Boiler
- Cooling: None
- Total Refrigerators: 4
- Total Stories: 1.5
- Total Water Heaters: 4
Multi Family
Income & Expenses Information
- Gross Income: $101,800.00
- Net Income: $77,513.00
- Operating Expense Incl: Heat, Insurance, Maintenance, Snow Removal, Trash, Utilities, Water/Sewer
- Operating Expense: $24,268
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 1
- Total 2 BR Units: 3
- Total 3+ BR Units: 0
- Total Heat Units: 1
Unit Information
Unit 1
- Unit 1 Style: Apartment/Flat
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Lease Term: Month to Month
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Rooms: 5
- Unit 1 Rental Amount: $2,050.00
- Unit 1 Tenant Pays: Electric, Hot Water, Other
Unit 2
- Unit 2 Style: Apartment/Flat
- Unit 2 Baths: 1
- Unit 2 Rooms: 4
- Unit 2 Status: Vacant
- Unit 2 Level Number: 1
- Unit 2 Bedrooms: 1
- Unit 2 Tenant Pays: Electric, Hot Water, Other
Unit 3
- Unit 3 Baths: 1
- Unit 3 Rooms: 4
- Unit 3 Level Number: 2
- Unit 3 Status: Vacant
- Unit 3 Style: Apartment/Flat
- Unit 3 Bedrooms: 2
- Unit 3 Tenant Pays: Electric, Hot Water, Other
Unit 4
- Unit 4 Lease Term: Month to Month
- Unit 4 Level Number: 2
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Style: Apartment/Flat
- Unit 4 Rooms: 4
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 2
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $2,000.00
- Unit 4 Tenant Pays: Electric, Hot Water, Other
Rental
Rent Information
- Total Leases: 2
Property History for 205 Blakely Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Mar 12, 2026 | Listed (Active) New England Real Estate Network #5079063 | $900,000 | — |
| Sep 21, 2007 | Sold (Public Record) Public Record #301066429 | $175,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 03/12/2026 | Listed (Active) New England Real Estate Network #5079063 | $900,000 |
| 09/21/2007 | Sold (Public Record) Public Record #301066429 | $175,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 205 Blakely Road
Taxable ValueLand-Additions-Total-
Tax Record2024$7,943 ($662 / month)
Home Facts
Baths4Total Finished SqFt1,920 SqFtAbove Grade Finished SqFt1,920 SqFtStories1Lot Size30,492 SqFtStyleMulti-Family Res (5+ Units)Year Built1972Year Renovated1989ZoningLS2CountyCHITTENDENAPN(048) 66-0240120000000
Schools near 205 Blakely Road
This home is within Colchester School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Porters Point School PublicPK to 2 | ||
Malletts Bay School Public3 to 5 | ||
Colchester Middle School Public6 to 8 | ||
Colchester High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of RE/MAX North Professionals
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 03/20/2026 03:04 PM
