NOT LISTED FOR SALE

1 Bugbee Ave Barre, VT 05641

Barre City Neighborhood

Estimated Value: $328,000

23 Beds
6 Baths
7,340 Sq Ft
$45/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $80,000 $11 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $2,123/month

28 Days on Market

Highlights

  • Softwood Flooring
  • Space Heater
  • Wood Siding
  • Covered Patio or Porch

About This Home

As of February 2013

Not for the faint of heart serious investors only. This six unit investment property needs some work. Currently configured as five 4-bedroom units and one 3-bedroom unit, it could easily convert to all two bedrooms if desired. Separate heat, separate electric meters. Many units have hardwood floors and all are large with nice-sized rooms. This building has the potential to be a tremendous cash cow. Think about the rents on six 2-bedroom units, with tenants paying their own utilities? Even at $600/unit, the gross is $43,200. Check the numbers. Or call, and we'll run the numbers for you. Properly updated and managed, this property will churn out cash.

Last Agent to Sell the Property

Ray Mikus

Green Light Real Estate License #081.0078511 Listed on: 12/14/2012

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding

Interior Spaces

  • 6 Full Bathrooms
  • 7,340 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Flooring

  • Softwood
  • Carpet
  • Vinyl

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Basement Storage

Parking

  • 110 Car Parking Spaces
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Space Heater
  • Heating System Uses Gas
  • Separate Meters
  • Individual Controls for Heating
  • 100 Amp Service
  • Propane
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 6 Units

Listing and Financial Details

  • Tax Lot 0001
  • 3% Total Tax Rate

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Main St. in Barre to Maple Ave. Right onto Summer. Left onto Bugbee. Look for the long yellow building.
  • Flood Zone: Unknown
  • Footprint: 80x28, 65x16
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 10.9
  • Property Class: Multi-Family
  • Sq Ft - Apx Total Finished: 7340
  • Unit Info: Porch, Range - Electric, Refrigerator, Water Heater
  • Year Built: 1906
  • Remarks Public: Not for the faint of heart serious investors only. This six unit investment property needs some work. Currently configured as five 4-bedroom units and one 3-bedroom unit, it could easily convert to all two bedrooms if desired. Separate heat, separate electric meters. Many units have hardwood floors and all are large with nice-sized rooms. This building has the potential to be a tremendous cash cow. Think about the rents on six 2-bedroom units, with tenants paying their own utilities? Even at $600/unit, the gross is $43,200. Check the numbers. Or call, and we'll run the numbers for you. Properly updated and managed, this property will churn out cash.
  • List Agent: 23070
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Equipment: Smoke Detectr-Hard Wired
  • Flooring: Carpet, Hardwood, Softwood, Vinyl
  • Basement: Yes
  • Basement Description: Full, Stairs - Interior, Storage - Locked, Storage Space, Unfinished
  • Sq Ft - Apx Finished AG: 7340

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Porch - Covered

Garage/Parking

  • Parking: Off Street, Parking Spaces 1 - 10

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric, Separate
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Gas Heater - Vented, Hot Air, Individual, Space Heater
  • Cooling: Individual
  • Electric Company: GMP
  • Separate Utilities: Yes
  • Total Electric Meters: 6
  • Total Heat Units: 6
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Total Water Heaters: 6
  • Trash: Dumpster
  • Utilities: Cable, Gas - Lp/Bottle

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Map: 0255
  • Lot: 0001
  • Lot Sq Ft: 6970
  • Land Gains: To Be Determined
  • Lot Acres: 0.16
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Commercial
  • Deed Book: 140
  • Deed Page: 374
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Rate: 3.03
  • Tax Gross Amount: 8831.36
  • Tax Year: 2012

Multi Family

  • Total Full Baths: 6
  • Total Units: 6
  • Total3 Plus Bedroom Units: 6

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2013 02/15/13 Sold $80,000 -46.7% $11 / Sq Ft
01/11/2013 01/11/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $150,000 -- $20 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,610 $274,300 $29,300 $245,000
2023 $4,610 $274,300 $29,300 $245,000
2022 $9,918 $274,300 $29,300 $245,000
2021 $10,079 $274,300 $29,300 $245,000
2020 $9,948 $274,300 $29,300 $245,000
2019 $9,624 $274,300 $29,300 $245,000
2018 $9,335 $274,300 $29,300 $245,000
2016 $8,993 $274,300 $29,300 $245,000
Source: Public Records

Agents Affiliated with this Home

  • Ray Mikus

    Seller's Agent in 2013

    Ray Mikus

    Green Light Real Estate

    (802) 279-2403

    14 in this area

    86 Total Sales

    Ray Mikus
    Section Image
  • Mike Kalil

    Buyer's Agent in 2013

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    106 Total Sales

    Mike Kalil
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4206942

PrimeMLS

APN: 036-011-10039

Vermont Washington County Barre 05641 Barre City

1 Bugbee Ave, Barre, VT

This home is located at 1 Bugbee Ave, Barre, VT 05641 since 14 December 2012 and is currently priced at $328,000, approximately $44 per square foot. This property was built in 1906. 1 Bugbee Ave is a home located in Washington County with nearby schools including Barre City Elementary and Middle School, Spaulding High School, and St. Monica - St. Michael School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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.

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