NOT LISTED FOR SALE

Estimated Value: $231,000 - $397,508

6 Beds
3 Baths
2,971 Sq Ft
$107/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $260,000 $88 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,028/month

164 Days on Market

Highlights

  • Colonial Architecture
  • Shed
  • Baseboard Heating
  • Wood Flooring

About This Home

As of May 2021

Rare opportunity to own a profitable, beautiful and well-maintained three-unit apartment building on historic Currier Park in Barre City! This spacious building is just steps from downtown Barre's restaurants, shops, cafes, and business services! Currently fully occupied with positive cash flow, there's a lot to love about 5 East Street including: - Consistent annual revenue ($40k+/year) and stable expenses - Great long-term tenants and friendly neighbors - Easy and affordable maintenance - Updates including a new roof in the last 5 years, improvements to the front porch and yard, and newer appliances - Annual service performed on heating system Each unit is a 2 bedroom, 1 bath apartment with its own washer and dryer, dishwasher, parking space for 2 cars, and private entrance. The largest unit is on two levels with exclusive basement access. Heat, hot water, trash, and snow removal are included in monthly rent for each unit. Tenants pay for electricity, cable and wifi. Hardwood floors and original details have been maintained throughout the building.

Last Agent to Sell the Property

Derek Eisenberg

Continental Real Estate Group, Inc. License #062752 Listed on: 09/25/2020

Last Buyer's Agent

Lindsay Ericson

Rhodes Real Estate License #081.0133991

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.33 Acre Lot
  • Lot Sloped Up

Home Design

  • Colonial Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 2,971 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Vinyl

Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Natural lighting in basement

Parking

  • 110 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Shed

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Individual Controls for Heating
  • Oil Water Heater
  • Cable TV Available

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,580
  • Gross Income $40,450
  • Net Operating Income $3,573

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Assessment Amount: 240200
  • Assessment Year: 2019
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 87.51
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2971
  • Sq Ft - Apx Total Finished: 2971
  • Property Type: Multi-Family
  • Year Built: 1890
  • Remarks Public: Rare opportunity to own a profitable, beautiful and well-maintained three-unit apartment building on historic Currier Park in Barre City! This spacious building is just steps from downtown Barre's restaurants, shops, cafes, and business services! Currently fully occupied with positive cash flow, there's a lot to love about 5 East Street including: - Consistent annual revenue ($40k+/year) and stable expenses - Great long-term tenants and friendly neighbors - Easy and affordable maintenance - Updates including a new roof in the last 5 years, improvements to the front porch and yard, and newer appliances - Annual service performed on heating system Each unit is a 2 bedroom, 1 bath apartment with its own washer and dryer, dishwasher, parking space for 2 cars, and private entrance. The largest unit is on two levels with exclusive basement access. Heat, hot water, trash, and snow removal are included in monthly rent for each unit. Tenants pay for electricity, cable and wifi. Hardwood floors and original details have been maintained throughout the building.
  • L A1 M M S I Memberkey: 380723
  • List Agent: 25290
  • L O1 M M S I Officekey: 73364
  • S A1 M M S I Memberkey: 615839
  • S O1 M M S I Officekey: 72765
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Daylight, Stairs - Exterior, Stairs - Interior
  • Sq Ft - Apx Finished AG: 2971

Exterior Features

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

Garage/Parking

  • Parking: Parking Spaces 1 - 10

Utilities

  • Electric: On-Site
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water, Individual
  • Total Electric Meters: 4
  • Trash: Curbside
  • Utilities: Cable

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: Barre City School District
  • Elementary 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: 14375
  • Lot Acres: 0.33
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R3
  • Deed Book: 263
  • Deed Page: 464-465

Multi Family

  • Gross Income: 40450
  • Net Income: 3573
  • Total Full Baths: 3
  • Total Units: 3
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 8175
  • Tax Year: 2018

MLS Schools

  • School District: Barre City School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2005
Sold by
Clemons Julie A
Bought by
Neff Christopher and Neff Melinda
Current Estimated Value
$319,127
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Neff Christopher $239,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $260,000 -13.0% $88 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
01/29/2021 01/29/21 Price Changed $299,000 -2.0% $101 / Sq Ft
11/02/2020 11/02/20 Price Changed $305,000 -3.2% $103 / Sq Ft
09/25/2020 09/25/20 For Sale $315,000 -- $106 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

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 $4,037 $240,200 $41,700 $198,500
2023 $4,037 $240,200 $41,700 $198,500
2022 $8,416 $240,200 $41,700 $198,500
2021 $8,826 $240,200 $41,700 $198,500
2020 $8,712 $240,200 $41,700 $198,500
2019 $8,428 $240,200 $41,700 $198,500
2018 $8,174 $240,200 $41,700 $198,500
2016 $7,875 $240,200 $41,700 $198,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4830900

PrimeMLS

APN: 036-011-12225