35 Merchant Street Barre City, Vermont 05641 MLS# 4435753

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Sold Status

$342,000 Sold Price

Multi Type

8 Beds

6 Baths

5,486 Sqft

Listed By of
Sold By Vermont Life Realtors
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35 Merchant Street

Very well maintained building with 11 one-bedroom apartments. There are 3 separate entry doors to the building so tenants wonât have to deal with traffic in the hallways, plus a large parking lot for ease of parking. There is a shared laundry room accessed from the front of the building that is not currently used but could be. Fire escape balconies were recently added. Great cash flow! †

Property Location

35 Merchant Street Barre City

Property Details

Sold Price  $342,000 Sold Date  Dec 9th, 2015
List Price  395,000 Bedrooms  8 Garage Size  0 Car
Cooperation Fee  Unknown Total Bathrooms  6 Year Built  1890
MLS#  4435753 Lot Size  0.36 Acres Taxes $8,431
Type  Multi-Family Days on Market  3429 Days Tax Year 2015
Units  11 Stories  1/2/1900 Road Frontage  
Annual Income  $0 Style  Other Water Frontage  
Annual Expenses  $51,962 Finished  5,486 Sqft Construction  No, Existing
Zoning   Planned Res Above Grade  5,486 Sqft Seasonal  No
Total Rooms  8 Below Grade  0 Sqft List Date  Jul 3rd, 2015
Gross Income  $0 Operating Expenses  $51,962 Net Income  $82,873
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $825/Mo Unit 2   1 Beds, Baths, $725/Mo
Unit 3   1 Beds, 1 Baths, $695/Mo Unit 4   1 Beds, 1 Baths, $755/Mo
Unit 5   1 Beds, 1 Baths, $0/Mo Unit 6   1 Beds, 0 Baths, $0/Mo
Unit 7   1 Beds, 1 Baths, $0/Mo Unit 8   1 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementFull
Interior Features
Exterior Features
Exterior  Asbestos, Vinyl Disability Features  1st Floor 3/4 Bathrm, Access. Parking
Foundation  Brick, Concrete, Granite House Color  
Floors  Vinyl, Carpet Building Certifications  
Roof  Shingle-Fiberglass, Corrugated, Metal HERS Index  
DirectionsFrom Summer Street in Barre City, left on Merchant by Bond Auto, property on right at top of hill.
Lot DescriptionCity Lot, Corner
Garage & Parking  No, 11-20 Spaces
Road Frontage   Water Access  
Driveway  Crushed Stone Water Type  
Flood Zone  No Water Body  
Zoning  Planned Res
School District  Barre City School District Middle  Barre City Elem & Middle Sch
Elementary  Barre City Elem & Middle Sch High  Spaulding High School
Heat Fuel  Gas-Lp/Bottle, Oil Excluded  
Heating/Cool  Hot Water Negotiable  
Sewer  Metered, Public Parcel Access ROW  
Water  Public, Metered ROW for Other Parcel  
Water Heater  Tank, Oil Financing  
Cable Co   Documents  Deed
Electric  Circuit Breaker Tax ID  036-011-10111
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† The remarks published on this webpage originate from Listed By 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.