NOT LISTED FOR SALE

Estimated Value: $301,000 - $389,000

4 Beds
2 Baths
1,911 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $130,000 $68 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,034/month

62 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Baseboard Heating
  • Corner Lot
  • 1 Car Attached Garage
  • High Speed Internet

About This Home

As of February 2022

Are you an entrepreneur looking for a property to “flip”? Or, are you an investor looking to score a six plus unit bargain?! Well, this *Two-For-One Special* is just what you've been waiting for! 587 North Main is a two-unit apartment house located in upbeat downtown Barre and is looking for a new owner. Long term tenants occupy unit one and unit two has been completely renovated and is ready for its next resident(s)! The seller would like to sell 583 and 587 North Main street as a pair, but is also willing to sell them separately. The four plus units within 583 North Main is in need of significant repair and renovation and is being sold as 587’s sister, with infinite income opportunities. The possibilities are endless for this *Two-For-One Special*, come let your creativity and imagination run wild at 583 & 587 North Main Street in Barre. See MLS listing # 4885869 for details on 583 North Main.

Last Agent to Sell the Property

Katie Peterson

Green Light Real Estate - Barre Listed on: 10/06/2021

Last Buyer's Agent

Tina Golon

BHHS Vermont Realty Group/Waterbury License #081.0048879

BHHS Vermont Realty Group/Waterbury

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot
  • Interior Lot
  • Lot Sloped Up

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1,911 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Vinyl

Unfinished Basement

  • Connecting Stairway
  • Interior Basement Entry
  • Dirt Floor

Outdoor Features

  • Covered Patio or Porch

Schools

  • Barre City Elementary & Middle Sch
  • Spaulding High School

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Separate Meters
  • Water Heater
  • High Speed Internet
  • Internet Available
  • Satellite Dish

Community Details

  • 2 Units
  • Gross Income $12,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: From downtown Barre head Southeast towards Montpelier. Shortly after passing Dollar General on your right, take a left onto Sixth Street and the first driveway on your left is the apartment's parking. You will see my sign on North Main street in front of the buildings.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 68.03
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 1911
  • Sq Ft - Apx Total Finished: 1911
  • Year Built: 1895
  • Remarks Public: Are you an entrepreneur looking for a property to “flip”? Or, are you an investor looking to score a six plus unit bargain?! Well, this *Two-For-One Special* is just what you've been waiting for! 587 North Main is a two-unit apartment house located in upbeat downtown Barre and is looking for a new owner. Long term tenants occupy unit one and unit two has been completely renovated and is ready for its next resident(s)! The seller would like to sell 583 and 587 North Main street as a pair, but is also willing to sell them separately. The four plus units within 583 North Main is in need of significant repair and renovation and is being sold as 587’s sister, with infinite income opportunities. The possibilities are endless for this *Two-For-One Special*, come let your creativity and imagination run wild at 583 & 587 North Main Street in Barre. See MLS listing # 4885869 for details on 583 North Main.
  • List Agent: 287421
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Vinyl, Wood
  • Total Rooms Above Ground: 8
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor, Dirt Floor, Stairs - Interior, Unfinished, Interior Access
  • Sq Ft - Apx Finished AG: 1911

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel, Right-Of-Way (ROW)
  • Exterior: Clapboard
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Easements: Unknown
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 1
  • Parking: Driveway, Off Street, On-Site
  • Garage: Yes
  • Garage Type: Attached

Utilities

  • Electric: Circuit Breaker(s), On-Site
  • Fuel Company: Conti Oil
  • Sewer: Public
  • Water: Public
  • Water Heater: Tank
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Electric Company: Green Mountain Power
  • Separate Utilities: Yes
  • Trash: Dumpster
  • Utilities: Internet - Cable, Satellite Internet, Satellite

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: 6534
  • Lot Acres: 0.15
  • Lot Description: City Lot, Corner, Interior Lot
  • Row Parcel Access: Unknown
  • Surveyed: Unknown
  • Zoning: UC-3-Urban Center
  • Deed Book: 63
  • Deed Page: 967
  • Deed Recorded Type: Limited Warranty Deed

Multi Family

  • Gross Income: 12000
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4754.52
  • Tax Year: 2021

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
02/02/2022 02/02/22 Sold $130,000 -6.5% $68 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $139,000 0.0% $73 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $139,000 0.0% $73 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $139,000 -- $73 / 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 $2,585 $192,700 $41,300 $151,400
2023 $2,585 $192,700 $41,300 $151,400
2022 $3,962 $192,700 $41,300 $151,400
2021 $4,494 $192,700 $41,300 $151,400
2020 $4,058 $192,700 $41,300 $151,400
2019 $4,077 $192,700 $41,300 $151,400
2018 $3,639 $198,300 $30,800 $167,500
2017 $3,638 $198,300 $30,800 $167,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4885872

PrimeMLS

APN: 693-220-10714