NOT LISTED FOR SALE
7 Beds
4 Baths
3,143 Sq Ft
0.79 Acres

Last Sold January 29, 2024

Last sale price $360,000 $115 Per Sq Ft

8 Days on Market

Highlights

  • 0.79 Acre Lot
  • Raised Ranch Architecture
  • High Speed Internet
  • Wooded Lot
  • Coin Laundry
  • Level Lot

About This Home

As of January 2024

Impeccably maintained. Property grosses $49,620 (at market rent, property could gross $60,000) expenses $22,663, Net operating income $26,957. CAP rate of 7.5% Great layout; raised ranch/multi-family. 2 units down, 2 units up. Newer windows throughout. Separate electric and hot water. Furnace is only 3 years old! Amazing, quiet, end of road location that's convenient to downtown. Coin op laundry located in basement. Plenty of parking. Strong rental history. 2 tenants 5+ years. Dream of expanding your investment?? Property is on a large city lot which can be built upon- ask broker for details! This 4 unit is in great shape and ready for a smart investor to make an offer!! Will it be you??

Last Agent to Sell the Property

Lauren Gould

Green Light Real Estate Listed on: 01/03/2024

Last Buyer's Agent

Kevin Casey

Coldwell Banker Hickok & Boardman / E. Montpelier License #081.0134183

Coldwell Banker Hickok & Boardman / E. Montpelier

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,143

Year Built

  • Built in 1965

Lot Details

  • 0.79 Acre Lot
  • Level Lot
  • Wooded Lot

Home Design

  • Raised Ranch Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2-Story Property

Parking

  • 510 Car Parking Spaces
  • Shared Driveway

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • Stone And Browning Association

Amenities

  • Coin Laundry

Building Details

  • Operating Expense $22,663
  • Gross Income $49,620
  • Net Operating Income $26,957

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,143

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family, Raised Ranch
  • Directions: From Route 302, turn onto Beckley St. Turn right onto St James St and then left onto Cabot St. House is last on the left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 114.54
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3283
  • Sq Ft - Apx Total Finished: 3143
  • Year Built: 1965
  • Remarks Public: Impeccably maintained. Property grosses $49,620 (at market rent, property could gross $60,000) expenses $22,663, Net operating income $26,957. CAP rate of 7.5% Great layout; raised ranch/multi-family. 2 units down, 2 units up. Newer windows throughout. Separate electric and hot water. Furnace is only 3 years old! Amazing, quiet, end of road location that's convenient to downtown. Coin op laundry located in basement. Plenty of parking. Strong rental history. 2 tenants 5+ years. Dream of expanding your investment?? Property is on a large city lot which can be built upon- ask broker for details! This 4 unit is in great shape and ready for a smart investor to make an offer!! Will it be you??
  • List Agent: 282958
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 14
  • Sq Ft - Apx Finished AG: 3143
  • Sq Ft - Apx Unfinished AG: 140

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared
  • Exterior: Wood
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle

Garage/Parking

  • Parking: Parking Spaces 5 - 10

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Hot Air
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Trash: Dumpster
  • Utilities: Cable - Available, High Speed Intrnt -Avail

Condo/Co-op/Association

  • Management Company: Stone and Browning
  • Association Amenities: Coin Laundry

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 34412
  • Lot Acres: 0.79
  • Lot Description: Level, Wooded
  • Surveyed: Unknown
  • Zoning: R4
  • Deed Book: 412
  • Deed Page: 41-42
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 49620
  • Net Income: 26957
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 8143
  • Tax Year: 2023

MLS Schools

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

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 List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $360,000 0.0% $115 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $360,000 -- $115 / 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: 4981279

PrimeMLS