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Barre City,VT 05641
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,100 sqft
Price per Sqft $66
MLS Listing ID 5047536
Bedrooms 6
Full Baths 3
Year Built 1901
Annual Tax Amount $5,022
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
Don't miss this excellent multi-family investment opportunity located just down the road from Main Street, offering tenants walkable access to local shops, restaurants, and amenities. This property features three spacious units: a 3-bedroom 1-bath, a 2-bedroom with bonus room and bath, and a 1-bedroom 1-bath, all filled with natural light. The 2-bedroom unit includes a flexible extra space ideal for a home office or guest area, while one of the lower units enjoys access to a large covered porch—perfect for relaxing outdoors. The building sits on a generous lot with a large parking area and side driveway for convenience. Recent upgrades include new Rinnai heaters in Units 1 and 2, and partial roof replacement within the last three years. With over 3,100 square feet of finished square footage and including a full, unfinished basement, there's room for added value. The property currently brings in over $25,000 in annual net income with potential to increase revenue by adjusting rents to market rate. Owner currently pays water, sewer, and heat for the 1-bedroom unit. This is a prime opportunity for investors looking to grow their portfolio with a strong-performing asset in a desirable, walkable location.
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning RES
Rooms
Basement Entrance Interior
Interior
Cooling None
Exterior
Utilities Available Cable,Gas - LP/Bottle,Gas - On-Site
Roof Type Metal,Shingle
Building
Story 2.5
Foundation Stone
Sewer Public
Schools
Elementary Schools Barre City Elem & Middle Sch
Middle Schools Barre City Elem & Middle Sch
High Schools Spaulding Uhs #41
School District Barre City School District