Listing Provided Courtesy Of:
Julie Danaher with Ridgeline Real Estate.
56 Morellen Lane Colchester, VT
$ 439,000
Property Attributes
  • MLS#4824886
  • TypePending
  • CityColchester
  • AreaChittenden
  • Zip05446
  • StyleColonial
  • Year Built1985
  • Taxes7606
  • Price$ 439,000
  • Bedrooms4
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4032
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
Julie Danaher with Ridgeline Real Estate.
Property Description

Great Investment opportunity on a quiet cul-de-sac in a desirable Colchester neighborhood. Live on one side of the house and rent out the other to cover the expenses or add this property to your investment portfolio! This side by side duplex offers it all; each 2 bedroom, 1 1/2 bathroom unit is equipped with a full kitchen and a bonus/office space on the first floor and finished basements with new egress windows. Both units are bright, updated and in great condition with both bedrooms and full bath upstairs. Unit 2 is an open concept dining/living and the larger Unit 1 has a full dining and separate large living room. Unit 1 is fully remodeled with new cabinets, corian countertops and stainless steel appliances. With cozy fireplaces, a bar in the finished basement and walk in closet in the master bedroom, this unit is not to be missed! Outside, each unit has a deck with shared private lawn space. Recently updated with a new roof in 2017 this duplex is turn-key and ready to go. Tenants pay heat and electricity. Located off Williams rd, it's a short trip down to the bay and the bike path. Close to Mallets Bay Park, and the elementary school.

Elementary School Middle School High School
Malletts Bay Elementary School Colchester Middle School Colchester High School
Price History
8/26/2020 Listed $449,000
9/17/2020 2% - $444,000
10/14/2020 2% - $439,000

General Features

Area Description Neighborhood
Construction Wood Frame
Construction Status Existing
Cooling None
Electric Circuit Breaker(s)
Elementary School Malletts Bay Elementary School
Exterior Features Deck, Patio
Flood Zone No
Flooring Hardwood, Laminate
Garage No
Heating Monitor Type
High School Colchester High School
Listing Area VT-Chittenden
Middle School Colchester Middle School
Net Income 29280
Parking Driveway, On-Site, Parking Spaces 3 - 5, Parking Spaces 5, Paved
Price Per Sq Ft 157.69
Road Frontage Yes
Roof Shingle
School District Colchester School District
Sewer Holding Tank, Septic
Status Under Contract
Stories 2
Style Colonial
Tax Year 2020
Total Heat Units 2
Total Rooms Above Ground 11
Trash Curbside, Owner
Type Multi-Family
Unit 1 Level Number 1-2
Unit 2 Level Number 1-2
Utilities Other
Water Public
Water Heater Gas - Natural, Tank
Year Built 1985
Zoning Res

Interior Features

Basement Yes
Basement Access Type Interior
Basement Description Full
Heating Fuel Electric, Gas - Natural
Sqft-apx Fin Above Grade 2784
Sqft-apx Fin Below Grade 960
Sqft-apx Total 4032
Sqft-apx Total Finished 3744
Sqft-apx Unfn Below Grade 288
Total 2 Br Units 2
Total Full Baths 2
Total Number of Units 2
Total Ranges 2
Total Refrigerators 2
Unit 1 Apx Sqft 1656
Unit 1 Info Appliances Included, Ceiling Fan, Dishwasher, Dryer, Kitchen Island, Range - Electric, Refrigerator, Washer
Unit 1 Rooms 6
Unit 2 Apx Sqft 1128
Unit 2 Info Appliances Included, Ceiling Fan, Dryer, Range - Electric, Refrigerator, Washer
Unit 2 Rooms 5

Exterior Features

Unit 1 Baths 2
Unit 1 Bedrooms 2
Unit 2 Baths 2
Unit 2 Bedrooms 2
Driveway Paved
Exterior Wood Siding
Foundation Block
Lot Description Level, Wooded
Lot Size Area 0.5
Road Frontage Length 170
Roads Paved, Public
Unit 1 Style Townhouse
Unit 2 Style Townhouse


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 05446

Statistics provided by Inside Real Estate

AVG $420K
AVG $6,797
AVG 47
Year Built
AVG 1993

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