173 Merchant Street Barre City, Vermont 05641 MLS# 4788562

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Sold Status

$152,000 Sold Price

Multi Type

4 Beds

2 Baths

1,800 Sqft

Listed By Danielle Pezzimenti of
Sold By RE/MAX North Professionals
✉ 🖶

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173 Merchant Street

Ready to diversify your real estate investments for 2020? Great opportunity to own a duplex in Barre City with steady income. Current rents below market price. Fully leased duplex with 1 bedroom/1 bath unit, and 3 bedroom/1 bath unit. Roof is only 3 years old, HW Buderus Boiler is two years old, new deck and supports on the front of the building. Both units are bright and spacious. Shared laundry hook-ups in the basement. Currently managed by a professional management company, this duplex is very well maintained, and ready for a buyer looking to start a real estate investment portfolio, or expand existing holdings. Great income producer in a convenient location. Don't let this opportunity pass you by! †

Property Location

173 Merchant Street Barre City

Property Details

Sold Price  $152,000 Sold Date  May 6th, 2020
List Price  155,000 Bedrooms  4 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  2 Year Built  1916
MLS#  4788562 Lot Size  0.14 Acres Taxes $4,775
Type  Multi-Family Days on Market  1795 Days Tax Year 2019
Units  2 Stories  3 Road Frontage  50
Annual Income  $19,800 Style  Duplex Water Frontage  
Annual Expenses  $0 Finished  1,800 Sqft Construction  No, Existing
Zoning   Residential 4 Above Grade  1,800 Sqft Seasonal  No
Total Rooms  4 Below Grade  0 Sqft List Date  Dec 23rd, 2019
Gross Income  $19,800 Operating Expenses  $0 Net Income  $8,975
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $725/Monthly Unit 2   3 Beds, 1 Baths, $925/Monthly
ConstructionWood Frame
BasementInterior, Interior Access
Interior Features
Exterior Features
Exterior  Wood Siding Disability Features  
Foundation  Granite House Color  
Floors  Vinyl, Wood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description, Level, City Lot
Garage & Parking  No, , , 3-5 Spaces
Road Frontage  50 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential 4
School District  Barre City School District Middle  Barre City Elem & Middle Sch
Elementary  Barre City Elem & Middle Sch High  Spaulding High School
Heat Fuel  , Oil Excluded  Coin-op washer/dryer in basement negotiable
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Off Boiler Financing  
Cable Co   Documents  
Electric  Circuit Breaker Tax ID  036-011-10816
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† The remarks published on this webpage originate from Listed By Danielle Pezzimenti 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.