NOT LISTED FOR SALE

47 Summer St Barre, VT 05641

10 Beds
4 Baths
3,754 Sq Ft
10,019 Sq Ft Lot

Last Sold December 04, 2024

Last sale price $355,000 $95 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Walk-Up Access
  • Corner Lot
  • High Speed Internet

About This Home

As of December 2024

Don't miss this opportunity! Clean, well cared for 4 unit apartment building close to downtown. Newer on demand propane hot water furnace, separate electric for each unit, washer/dryer hookups in each unit and each has a separate porch! Most units are all hardwood floors. Ample parking in lot. This property has been well cared for and provides solid rental history. Gross rents are $48,900, Annual expenses at $16,772 leaving a Net Operating Income of $32,128. Add this one to your portfolio and watch the money roll in!

Last Agent to Sell the Property

Lauren Gould

Green Light Real Estate Listed on: 09/09/2024

Last Buyer's Agent

Michelle Hebert

KW Vermont - Barre License #081.0134168

KW Vermont - Barre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,242

Year Built

  • Built in 1899

Lot Details

  • 10,019 Sq Ft Lot
  • Corner Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 3,754 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Basement

  • Walk-Up Access
  • Exterior Basement Entry
  • Dirt Floor

Parking

  • 6 Car Parking Spaces
  • Shared Driveway
  • Paved Parking
  • Off-Street Parking

Location

  • City Lot

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • 4 Units
  • Stone And Browning Association

Building Details

  • Operating Expense $16,772
  • Gross Income $48,900
  • Net Operating Income $32,128

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,242

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: From 62 E: Follow straight through set of lights at intersection of Route 302. Turn right onto Summer Street. House will be on your left.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 94.57
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5631
  • Sq Ft - Apx Total Finished: 3754
  • Year Built: 1899
  • List Agent: 282958
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot, Corner
  • Road Frontage Type: Paved, Public
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater–Gas–LP/Bttle, Water Heater – On Demand
  • Flooring: Combination, Hardwood, Tile
  • Total Rooms Above Ground: 24
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Concrete Floor, Dirt, Exterior Access
  • Sq Ft - Apx Finished AG: 3754
  • Sq Ft - Apx Unfinished BG: 1877

Exterior Features

  • Driveway: Common/Shared, Paved
  • Foundation: Granite, Stone
  • Road Frontage: Yes
  • Roof: Shingle
  • Construction Type: Wood Frame, Vinyl Exterior

Garage/Parking

  • Parking: Off Street, Parking Spaces 6+

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Heating: Propane, Baseboard, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 4
  • Total Heat Units: 1
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Trash: Dumpster
  • Utilities: Cable - Available
  • Water Source: Public

Condo/Co-op/Association

  • Management Company: Stone and Browning

Fee Information

  • Tax Class: Non-Homestead

Schools

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

Lot Info

  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Surveyed: Unknown
  • Zoning: MU 1
  • Deed Book: 412
  • Deed Page: 53-54
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 48900
  • Net Income: 32128
  • Total Full Baths: 4
  • Total Units: 4
  • Total2 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 7241.6
  • Tax Year: 2023

MLS Schools

  • School District: Barre City School District
  • School Middle Jr: Barre City Elem & Middle Sch
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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 Prior Sale
12/04/2024 12/04/24 Sold $355,000 -2.7% $95 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/09/2024 09/09/24 For Sale $365,000 +30.8% $97 / Sq Ft
06/19/2020 06/19/20 Sold $279,000 -6.8% $74 / Sq Ft View Prior Sale
03/09/2020 03/09/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $299,500 -- $80 / Sq Ft
Source: PrimeMLS

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 $3,207 $190,800 $18,000 $172,800
2023 $3,207 $190,800 $18,000 $172,800
2022 $6,899 $190,800 $18,000 $172,800
2021 $7,011 $190,800 $18,000 $172,800
2020 $6,920 $190,800 $18,000 $172,800
2019 $6,543 $190,800 $18,000 $172,800
2018 $6,371 $190,800 $18,000 $172,800
2017 $0 $190,840 $17,900 $172,940
2016 $0 $190,800 $18,000 $172,800
2015 -- $1,908 $0 $0
2014 -- $1,908 $0 $0
2013 -- $1,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5013394

PrimeMLS