205 Blakely Road

Closed 7/31/26Virtual Tour

Sold

Last Sold Price

$860,000

7 beds4 baths3,520 sqft$244/sqft

205 Blakely Rd, Colchester, VT 05446

Multi FamilyProperty Type

0.7 acresLot Size

1972Year Built

$244/sq ftPrice per sq ft

1 carParking Spaces

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...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.

Sold By Lake Point Properties

Listed by: Mikail Stein • RE/MAX North Professionals

Listing closed: 07/31/2026 12:00 AM • Source: New England Real Estate Network, MLS#: 5079063

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$5,022 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,371

Property Taxes

$651

HOA Dues

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Property Information for 205 Blakely Road

Property Details

Taxes: $7,812 / year
MLS Type: Multi Family
County: Chittenden County
Structure Type: Stick Built Off-Site
Zoning: LS2

Building Information

Stories: 1
Residences: 4
Year Built: 1972
Lot Size: 0.70 AC / 30,492 SF

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

Total Finished Area: 3520.0
Above Grade Finished Area: 1760.0
Above Grade Finished Area Source: Appraiser
Above Grade Unfinished Area: 0.0
AboveGradeUnfinishedAreaSource: Other
Below Grade Finished Area: 1760.0
Below Grade Finished Area Source: Appraiser
Below Grade Unfinished Area: 199.0
BelowGradeUnfinishedAreaSource: Measured
Lot Size Square Feet: 30492.0
Total Area: 3719.0

Property and Assessments

Property Class: Multi-Family
Easements: Unknown

Flood Zone: No
PreConstruction: No
Surveyed: Unknown
Year Built: 1972
School District: Colchester School District
High School: Colchester High School
Middle/Jr School: Colchester Middle School
Elementary School: Colchester Middle School

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
Water Company: Colchester

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
Jul 31, 2026	Sold (Public Record) Public Record #1947025280	$860,000	+8.8% / yr
Jul 31, 2026	Sold New England Real Estate Network #5079063	$860,000	—
Jul 31, 2026	Pending New England Real Estate Network #5079063		—
May 31, 2026	Active Under Contract New England Real Estate Network #5079063		—
Mar 20, 2026	Pending New England Real Estate Network #5079063		—
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
07/31/2026	Sold (Public Record) Public Record #1947025280	$860,000 +8.8% / yr
07/31/2026	Sold New England Real Estate Network #5079063	$860,000
07/31/2026	Pending New England Real Estate Network #5079063	—
05/31/2026	Active Under Contract New England Real Estate Network #5079063	—
03/20/2026	Pending New England Real Estate Network #5079063	—
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, we 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 Record2025$5,844 ($487 / 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
NR	Porters Point School	Public - Serves this home	PK to 2	2.1 mi
8/10	Malletts Bay School	Public - Serves this home	3 to 5	0.4 mi
8/10	Colchester Middle School	Public - Serves this home	6 to 8	0.2 mi
9/10	Colchester High School	Public - Serves this home	9 to 12	0.3 mi


Rating	School	Distance
NR	Porters Point School PublicPK to 2 Serves this home	2.1 mi
8/10	Malletts Bay School Public3 to 5 Serves this home	0.4 mi
8/10	Colchester Middle School Public6 to 8 Serves this home	0.2 mi
9/10	Colchester High School Public9 to 12 Serves this home	0.3 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 205 Blakely Road, Colchester, VT 05446	$860,000	7	4	3,520	30,492
179 Blakely Road, Colchester, VT 05446	$155,000	–	2	2,100	–
169 Blakely Road, Colchester, VT 05446	$175,000	–	2	3,276	–
157 Blakely Road, Colchester, VT 05446	$269,000	3	2	1,560	30,056
243 Blakely Road, Unit 3, Colchester, VT 05446	–	–	–	–	–
8 Dick Mazza Drive, Colchester, VT 05446	–	2	1.5	936	7,841
10 Dick Mazza Drive, Colchester, VT 05446	$240,000	2	1.5	936	7,841
12 Dick Mazza Drive, Colchester, VT 05446	–	2	1.5	936	7,405
243 Blakely Road, Unit 2, Colchester, VT 05446	$240,000	2	2	936	–
243 Blakely Road, Unit 4, Colchester, VT 05446	$149,000	2	2	936	–
131 Blakely Road, Colchester, VT 05446	–	–	–	–	–
14 Dick Mazza Drive, Colchester, VT 05446	$255,000	2	1.5	936	7,405
80 Dick Mazza Drive, Colchester, VT 05446	–	–	–	–	579,348
118 Blakely Road, Colchester, VT 05446	–	1	1	699	5,227
133 Blakely Road, Colchester, VT 05446	$1,300,000	–	–	–	66,647
303 Blakely Road, Colchester, VT 05446	$327,500	–	3	2,086	30,492

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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 09/05/2026 07:02 AM

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