NOT LISTED FOR SALE
-- Bed
9 Baths
4,115 Sq Ft
0.35 Acres

Last Sold December 21, 2020

Last sale price $599,000 $146 Per Sq Ft

7 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Baseboard Heating

About This Home

As of December 2020

A rare 9-unit opportunity awaits the right buyer. Consisting of three separate buildings with no vacancy. This well cared for property boasts a new and efficient heating system, vinyl siding, metal roof and a low maintenance lot. Conveniently located right on route 302, the tenants enjoy on-site laundry, easy access to nearby amenities and plenty of parking. This is a great chance to own a standout investment property with excellent income!

Last Agent to Sell the Property

Kara Koptiuch

Vermont Real Estate Company Listed on: 10/02/2020

Last Buyer's Agent

Robyn Fulton

birch+pine Real Estate Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,178

Year Built

  • Built in 1930

Lot Details

  • 0.35 Acre Lot
  • Lot Sloped Up

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 4,115 Sq Ft Home
  • 1.5-Story Property

Flooring

  • Wood
  • Carpet

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Paved Parking
  • On-Site Parking

Outdoor Features

  • Shed

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Water Heater

Community Details

Overview

  • 9 Units

Building Details

  • 1 Separate Gas Meter
  • Operating Expense $31,275
  • Gross Income $83,700
  • Net Operating Income $52,424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,178

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Multi-Level, Ranch
  • Directions: From downtown Barre take Route 302/Washington Street towards East Barre. Property will be just up on your right just beyond the traffic light for Hill Street and Washington Street.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 1.5
  • Price Per Sq Ft: 145.57
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4115
  • Sq Ft - Apx Total Finished: 4115
  • Property Type: Multi-Family
  • Year Built: 1930
  • Remarks Public: A rare 9-unit opportunity awaits the right buyer. Consisting of three separate buildings with no vacancy. This well cared for property boasts a new and efficient heating system, vinyl siding, metal roof and a low maintenance lot. Conveniently located right on route 302, the tenants enjoy on-site laundry, easy access to nearby amenities and plenty of parking. This is a great chance to own a standout investment property with excellent income!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 4115

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Metal, Shingle - Asphalt
  • Features Exterior: Shed

Garage/Parking

  • Parking: On-Site

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Owned
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 9
  • Total Gas Meters: 1
  • Total Ranges: 9
  • Total Refrigerators: 9
  • Total Water Heaters: 1

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 15246
  • Lot Acres: 0.35
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 163
  • Deed Page: 579
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 83700
  • Net Income: 52424
  • Total Full Baths: 9
  • Total Units: 9
  • Total1 Bedroom Units: 7
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 11177.8
  • Tax Year: 2020

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
12/21/2020 12/21/20 Sold $599,000 0.0% $146 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $599,000 -- $146 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4832022

PrimeMLS