1 Bugbee Avenue Barre City, Vermont 05641 MLS# 4206942

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Sold Status

$80,000 Sold Price

Multi Type

23 Beds

6 Baths

7,340 Sqft

Listed By Timothy Heney of
Sold By Watson Realty & Associates
✉ 🖶

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1 Bugbee Avenue

Not for the faint of heart serious investors only. This six unit investment property needs some work. Currently configured as five 4-bedroom units and one 3-bedroom unit, it could easily convert to all two bedrooms if desired. Separate heat, separate electric meters. Many units have hardwood floors and all are large with nice-sized rooms. This building has the potential to be a tremendous cash cow. Think about the rents on six 2-bedroom units, with tenants paying their own utilities? Even at $600/unit, the gross is $43,200. Check the numbers. Or call, and we'll run the numbers for you. Properly updated and managed, this property will churn out cash. †

Property Location

1 Bugbee Avenue Barre City

Property Details

Sold Price  $80,000 Sold Date  Feb 15th, 2013
List Price  150,000 Bedrooms  23 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1906
MLS#  4206942 Lot Size  0.16 Acres Taxes $8,831
Type  Multi-Family Days on Market  4360 Days Tax Year 2012
Units  6 Stories  2 Road Frontage  1
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $0 Finished  7,340 Sqft Construction  No, Existing
Zoning   Commercial Above Grade  7,340 Sqft Seasonal  No
Total Rooms  23 Below Grade  0 Sqft List Date  Dec 14th, 2012
Gross Income  $0 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $0/Mo Unit 2   4 Beds, 1 Baths, $0/Mo
Unit 3   4 Beds, 1 Baths, $0/Mo Unit 4   4 Beds, 1 Baths, $0/Mo
Unit 5   4 Beds, 1 Baths, $0/Mo Unit 6   4 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementUnfinished, Storage Space, Locked Storage Space, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  Wood Disability Features  
Foundation  Concrete, Stone House Color  yellow
Floors  Vinyl, Carpet, Softwood, Hardwood Building Certifications  
Roof  Membrane HERS Index  
DirectionsMain St. in Barre to Maple Ave. Right onto Summer. Left onto Bugbee. Look for the long yellow building.
Lot DescriptionCity Lot, Near Bus/Shuttle
Garage & Parking  No, 1-10 Spaces, Off Street
Road Frontage  1 Water Access  
Driveway  Gravel Water Type  
Flood Zone  Unknown Water Body  
Zoning  Commercial
School District  NA Middle  
Elementary   High  
Heat Fuel  Gas-Lp/Bottle Excluded  
Heating/Cool  Individual, Vented Gas Heater, Individual, Hot Air, Space Heater Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Separate Financing  
Cable Co   Documents  Deed
Electric  100 Amp, Circuit Breaker Tax ID  03601110039
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† The remarks published on this webpage originate from Listed By Timothy Heney of via the PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.