58 Circle Street Barre City, Vermont 05641 MLS# 4873060

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Sold Status

$215,000 Sold Price

Multi Type

6 Beds

3 Baths

2,792 Sqft

Listed By Ray Mikus of Green Light Real Estate
Sold By

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True side by side duplex in Barre that’s updated, well-maintained, and has a great track record. Each unit has three bedrooms, and lots of square feet. One unit has one full bathroom, the other has a full and a half. Fantastic two car detached garage is currently used for storage by the owner, but could be included with the units for increased rent. Each unit has a back porch and a front porch. This building works great for owner occupant as well as for an investor, with vinyl siding, newer membrane roof, complete electrical overhaul, and more. This property is on a corner lot, and has a cute little side yard. Most importantly, the numbers work. Rents are $1250 and $1300. NOI is over $16,000, and the tenants pay their own heat and electricity. As a smart buyer you’ve just found something that actually cash flows. Or, do you want to house hack and live for cheap? Grab a pencil and figure out what your housing expenses would be if you had a tenant paying that big chunk for you. †

Property Location

58 Circle Street Barre City

Property Details

Essentials

Sold Price $215,000		Sold Date Sep 30th, 2021
List Price 219,000	Bedrooms 6	Garage Size 2 Car
Cooperation Fee Unknown	Total Bathrooms 3	Year Built 1947
MLS# 4873060	Lot Size 0.18 Acres	Taxes $7,000
Type Multi-Family	Days on Market 1221 Days	Tax Year 2020
Units 2	Stories 2	Road Frontage 200
Annual Income $30,600	Style Duplex	Water Frontage
Annual Expenses $0	Finished 2,792 Sqft	Construction No, Existing
Zoning R-4	Above Grade 2,792 Sqft	Seasonal No
Total Rooms 6	Below Grade 0 Sqft	List Date Jul 19th, 2021

Expenses

Gross Income $30,600	Operating Expenses $0	Net Income $16,014

Expenses Includes

Unit Size & Rent

Unit 1 3 Beds, 1 Baths, $1,250/Monthly	Unit 2 3 Beds, 2 Baths, $1,300/Monthly

Building

ConstructionWood Frame
BasementInterior, Unfinished, Interior Stairs, Full, Concrete
Interior Features
Exterior Features

Exterior Vinyl	Disability Features
Foundation Concrete	House Color
Floors	Building Certifications
Roof Membrane	HERS Index

Property

DirectionsIn Barre, Main Street toward Ayers (Spaulding High School). Left onto Ayers. Straight past Spaulding the road becomes Batchelder. Right onto Circle Street. House is on the corner of Circle and Green.
Lot Description, Level, Corner, City Lot
Garage & Parking Yes, ,

Road Frontage 200	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning R-4

Schools

School District Barre City School District	Middle Barre City Elem & Middle Sch
Elementary Barre City Elem & Middle Sch	High Spaulding High School

Utilities

Heat Fuel , Oil	Excluded
Heating/Cool None, Hot Air	Negotiable
Sewer Public	Parcel Access ROW
Water Public	ROW for Other Parcel
Water Heater Electric	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 036-011-11059

† The remarks published on this webpage originate from Listed By Ray Mikus of Green Light Real Estate 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.