Are you looking for your next smart investment? You won’t want to miss this wonderful opportunity! For 20+ years, the current owners have immaculately maintained this 3-unit property, and now it’s ready for its next chapter. The first level offers two one (1) bedroom units, and upstairs is a spacious two (2) bedroom unit. Both first floor units have washer/dryer hookups, while all three units have their own dedicated boiler, oil tank, water heater, electrical panel, and both cable and fiber optic entrances, making it super easy for tenants to manage their own utilities - not to mention easier to manage for the new owner! The property has been gainfully rented for years, with no shortage of tenants. With a cap rate of 9.25% the savvy investor knows this is a great deal! Along with the possibility of the owner occupying one unit and continuing to rent the others, the property can easily accommodate combining two or even all three units for a huge owner's unit or even a single-family home. You really can’t go wrong here! Please note: the property is OUTSIDE the FEMA mapped flood area and was not affected in July 2023 or any other of the recent flooding events.
MLS# | 4994154 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1900 |
Days On Site | 126 |
Listing Provided By | Green Light Real Estate - Barre | Katie Peterson |
SQ Feet | 2,796 |
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Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | MU- 1 |
Acreage | 0.05 |
State | VT |
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County | Washington |
City | Barre City |
Zip Code | 05641 |
School District | Spaulding High School |
Elementary School | Barre City Elem & Middle Sch |
Middle School | Barre City Elem & Middle Sch |
High School | Spaulding High School |
Listing VS Median (in 05641) | |
Price: $209,900 low | high Med: $312,500 SqFt: 2,796 low | high Med: 2,555 $ / SqFt: $75 low | high Med: $126 On Site: 126 low | high Med: 97.500000 |