101 Summer St Unit 1 Barre, VT 05641

Here is an excellent opportunity to have an owner occupied multi-family property and let the rents pay your mortgage and bills. The property has 3428+/- finished square feet. The owner's unit is most of the first floor with a one room accessory apartment that has its own private entrance with all utilities included at $600./month. It has most recently been rented by a traveling nurse, but the seller did not offer it out again since she is selling. A two bedroom unit with a private laundry room is on the second floor and is currently rented for $900./month with its own paved parking space and private entrance. Tenant pays own electric. There is also a two-floor section that used to be a fourth unit, but was converted back to the owner's unit. With City approval and reinstalling a kitchen, a fourth unit with 2 bedrooms could be possible. Barre City lists the property with 12 bedrooms, but there are only 7 bedrooms with proper egress. Owner & late husband bought the property in 1971 & raised their family. They loved the spacious, private, flat backyard that has plenty of space for a garden and two storage sheds. Seller pays for heat and trash. There is plenty of off street parking and a two car garage. The basement has 2 finished rooms that were used as bedrooms, but may not have proper egress. At one time, the owner used the property as a care facility. There is a security system that includes smoke & CO detectors that is inspected each year. Building passed an EMP inspection.