18 Eastern Ave Barre, VT 05641
Barre AreaEstimated payment $2,031/month
Highlights
- Property is near public transit and shops
- Hot Water Heating System
- 1 Car Garage
- Wood Flooring
About This Home
Don't miss this exceptional opportunity to own a renovated, income-producing multi-family property in the heart of Barre! 18 Eastern Ave is a duplex with 4 total bedrooms and 2 baths on a 1/4 of an acre with ample driveway parking. Currently operating as a strong cash-flowing investment, this property is leased to two great, reliable tenants and generating an impressive 8.29% CAP rate with a net operating income of over $23,000 per year.
This property has been meticulously maintained and thoughtfully updated throughout, making it a true turn key opportunity for both investors looking to add a solid performer to their portfolio and owner occupants seeking built in rental income. Both units have been repainted, giving each apartment a clean, move-in-ready feel. Flooring has been updated throughout, and several appliances have been replaced, adding value and appeal.
Mechanically, the home has also been well cared for, with a new oil tank recently installed. Exterior work has also been completed, further reducing deferred maintenance and helping protect your investment for years to come.
Whether you're an investor seeking a stabilized asset with excellent, dependable cash flow and quality tenants already in place, or an owner occupant looking to live in one unit while offsetting your mortgage with rental income from the other, 18 Eastern Ave checks every box. This is the kind of low hassle, high performing property that investors want!
Located in a convenient Barre neighborhood close to local amenities, shopping, and commuter routes, this property offers both immediate income and long-term value.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,954
Year Built
- Built in 1930
Parking
- 1 Car Garage
- Driveway
- 1 to 5 Parking Spaces
Home Design
- Duplex
- Stone Foundation
- Membrane Roofing
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
Flooring
- Wood
- Vinyl Plank
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Schools
- Barre City Elementary & Middle Sch
- Spaulding High School
Utilities
- No Cooling
- Hot Water Heating System
- Heating System Uses Oil
- Water Heater
Additional Features
- 10,454 Sq Ft Lot
- Property is near public transit and shops
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- Gross Income $38,400
- Net Operating Income $23,471
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,480 | $136,110 | $24,500 | $111,610 |
| 2024 | $2,288 | $136,110 | $24,500 | $111,610 |
| 2023 | $2,288 | $136,110 | $24,500 | $111,610 |
| 2022 | $4,921 | $136,110 | $24,500 | $111,610 |
| 2021 | $4,776 | $136,110 | $24,500 | $111,610 |
| 2020 | $4,712 | $136,110 | $24,500 | $111,610 |
| 2019 | $3,607 | $136,110 | $24,500 | $111,610 |
| 2018 | $3,368 | $136,110 | $24,500 | $111,610 |
| 2017 | $0 | $136,110 | $24,500 | $111,610 |
| 2016 | $0 | $136,110 | $24,500 | $111,610 |
| 2015 | -- | $1,361 | $0 | $0 |
| 2014 | -- | $1,361 | $0 | $0 |
| 2013 | -- | $1,361 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/13/2026 08/13/26 | For Sale | $279,900 | +40.0% | $157 / Sq Ft | |
| 01/14/2022 01/14/22 | Sold | $200,000 | +5.8% | $112 / Sq Ft | View Prior Sale |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- | |
| 10/27/2021 10/27/21 | For Sale | $189,000 | -- | $106 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Deed | $200,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $140,400 | -- | |
| Grant Deed | $117,000 | -- | |
| Grant Deed | $81,000 | -- | |
| Grant Deed | $24,250 | -- | |
| Grant Deed | $83,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: PrimeMLS
MLS Number: 5104865
APN: 036-011-11989
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Ask me questions while you tour the home.