
7 Farwell St Barre, VT 05641
Barre City NeighborhoodEstimated payment $1,534/month
Highlights
- Forced Air Heating System
- Hot Water Heating System
- Historic Home
About This Home
Don’t miss this excellent multi-family investment opportunity located just down the road from Main Street, offering tenants walkable access to local shops, restaurants, and amenities. This property features three spacious units: a 3-bedroom 1-bath, a 2-bedroom with bonus room and bath, and a 1-bedroom 1-bath, all filled with natural light. The 2-bedroom unit includes a flexible extra space ideal for a home office or guest area, while one of the lower units enjoys access to a large covered porch—perfect for relaxing outdoors. The building sits on a generous lot with a large parking area and side driveway for convenience. Recent upgrades include new Rinnai heaters in Units 1 and 2, and partial roof replacement within the last three years. With over 3,100 square feet of finished square footage and including a full, unfinished basement, there’s room for added value. The property currently brings in over $25,000 in annual net income with potential to increase revenue by adjusting rents to market rate. Owner currently pays water, sewer, and heat for the 1-bedroom unit. This is a prime opportunity for investors looking to grow their portfolio with a strong-performing asset in a desirable, walkable location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,022
Year Built
- Built in 1901
Lot Details
- 4,356 Sq Ft Lot
- Historic Home
Parking
- Dirt Driveway
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 3,100 Sq Ft Home
- Property has 2.5 Levels
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Location
- Flood Zone Lot
- City Lot
Schools
- Barre City Elementary & Middle Sch
- Spaulding UHS #41 High School
Utilities
- Forced Air Heating System
- Hot Water Heating System
- Heating System Uses Gas
- Separate Meters
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- Gross Income $39,900
- Net Operating Income $26,911
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,145 | $127,600 | $10,200 | $117,400 |
2023 | $2,145 | $127,600 | $10,200 | $117,400 |
2022 | $4,614 | $127,600 | $10,200 | $117,400 |
2021 | $4,688 | $127,600 | $10,200 | $117,400 |
2020 | $4,628 | $127,600 | $10,200 | $117,400 |
2019 | $4,477 | $127,600 | $10,200 | $117,400 |
2018 | $4,342 | $127,600 | $10,200 | $117,400 |
2016 | $4,675 | $142,600 | $10,200 | $132,400 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/28/2025 07/28/25 | Pending | -- | -- | -- |
06/19/2025 06/19/25 | For Sale | $205,000 | -- | $66 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- | |
Interfamily Deed Transfer | -- | -- |
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Source: PrimeMLS
MLS Number: 5047536

APN: 036-011-10186