NOT LISTED FOR SALE

100 Summer St Barre, VT 05641

11 Beds
4 Baths
4,346 Sq Ft
4,356 Sq Ft Lot

Last Sold September 13, 2022

Last sale price $203,500 $47 Per Sq Ft

12 Days on Market

About This Home

As of September 2022

This fully occupied 4-unit building is conveniently located in Barre City and could make a great investment property for you! This property features parking for up to six vehicles. The building has one, 2-bedroom unit and three 3-bedroom units. Whether you're new to owning multi-family buildings, or you're a long-time investor; all units are rented with lease agreements in place, and ready for you to take over! Listed well below the city-assessed value, this property is a great opportunity for passive income at a great price point!

Last Agent to Sell the Property

Whitney Brown

Heney Realtors - Element Real Estate (Barre) Listed on: 06/30/2022

Last Buyer's Agent

Sophie Roya

Berry Hill Real Estate License #081.0134283

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1889

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4,346 Sq Ft Home
  • 2-Story Property

Basement

  • Interior Basement Entry
  • Dirt Floor

Parking

  • Shared Driveway
  • Paved Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Heating System Uses Gas
  • Propane
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • 4% Total Tax Rate

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $19,203
  • Gross Income $51,600
  • Net Operating Income $32,397

Property Details

Home Type

Multi-Family

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: North Main St. to Maple Ave. (VT Rt. 14), right on Summer St. Property on right.
  • Footprint: 24x27, 20x36, 35x23
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 46.82
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5714
  • Sq Ft - Apx Total Finished: 4346
  • Year Built: 1889
  • List Agent: 283335
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 17
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Dirt Floor
  • Sq Ft - Apx Finished AG: 4346
  • Sq Ft - Apx Unfinished BG: 1368

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Clapboard, Wood
  • Foundation: Granite, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Membrane
  • Features Exterior: Porch - Covered

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Direct Vent
  • Electric Company: GMP
  • Utilities: Cable - Available, Gas - Lp/Bottle

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Barre City Elem & Middle Sch
  • High School: Spaulding High School

Lot Info

  • Lot Sq Ft: 4356
  • Lot Acres: 0.1
  • Lot Description: City Lot, Neighbor Business, Sidewalks
  • Surveyed: Unknown
  • Zoning: MU-1
  • Deed Book: 244
  • Deed Page: 558
  • Deed Recorded Type: Quit Claim

Multi Family

  • Gross Income: 51600
  • Net Income: 32397
  • Total Units: 4
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 3

Tax Info

  • Tax Rate: 3.62
  • Tax Gross Amount: 7155.24
  • Tax Year: 2022

MLS Schools

  • School District: Barre Unified Union School District
  • School Middle Jr: Barre City Elem & Middle Sch

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $203,500 +13.1% $47 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $179,999 -- $41 / 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 $3,326 $197,900 $12,300 $185,600
2023 $3,326 $197,900 $12,300 $185,600
2022 $7,155 $197,900 $12,300 $185,600
2021 $7,271 $197,900 $12,300 $185,600
2020 $6,757 $186,300 $7,500 $178,800
2019 $6,119 $186,300 $7,500 $178,800
2018 $5,866 $175,700 $7,500 $168,200
2017 $0 $175,720 $7,500 $168,220
2016 $0 $175,700 $7,500 $168,200
2015 -- $1,757 $0 $0
2014 -- $1,757 $0 $0
2013 -- $1,757 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Whitney Brown

    Heney Realtors - Element Real Estate (Barre)

    (802) 274-3006

    19 in this area

    66 Total Sales

    Whitney Brown
    Section Image

  • S

    Buyer's Agent in 2022

    Sophie Roya

    Berry Hill Real Estate

    (802) 673-9421

    9 in this area

    60 Total Sales

    Sophie Roya
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4918469

PrimeMLS

APN: (011) 1405-0100-0000

Vermont Washington County Barre City 05641

100 Summer St, Barre City, VT

Not Listed for Sale

MultiFamily

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