205 Blakely Rd

Colchester, VT 05446

$900,000
Price
7
Beds
3,520 Sq. Ft.
$256 / Sq. Ft.
3,520
Sq. Ft.
$256
per Sq. Ft.
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Active Under ContractVirtual Tour
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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.
  1. Listed by Mikail Stein • RE/MAX North Professionals

Property Details for 205 Blakely Road

Structure Type
Stick Built Off-Site
Zoning
LS2
LISTING UPDATED: 05/31/2026 07:00 PM

Property Details for 205 Blakely Road

StatusActive Under Contract
MLS #5079063
Days on Market16
Taxes$7,812 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1972
Lot Size0.70 AC / 30,492 SF
CountyChittenden County
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Location

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Building Information for 205 Blakely Road

Stories1Residences4Year Built1972Building Size-Lot Size0.70 AC / 30,492 SF

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$5,226 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,575

Property Taxes

$651

HOA Dues

$0

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Property 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
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
  • Construction Status: Existing
  • Easements: Unknown
  • Flood Zone: No
  • Planned Urban Developmt: 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

DateEvent & SourcePriceAppreciation
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—
DateEvent & SourcePrice
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

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 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
Porters Point School
Public - PK to 2
Malletts Bay School
Public - 3 to 5
Colchester Middle School
Public - 6 to 8
Colchester High School
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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 07/31/2026 03:54 PM