587 North Main Street Barre City, Vermont 05641 MLS# 4885872

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Sold Status

$130,000 Sold Price

Multi Type

4 Beds

1 Baths

1,911 Sqft

Listed By Katie Peterson of Green Light Real Estate
Sold By BHHS Vermont Realty Group/Waterbury

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Are you an entrepreneur looking for a property to “flip”? Or, are you an investor looking to score a six plus unit bargain?! Well, this *Two-For-One Special* is just what you've been waiting for! 587 North Main is a two-unit apartment house located in upbeat downtown Barre and is looking for a new owner. Long term tenants occupy unit one and unit two has been completely renovated and is ready for its next resident(s)! The seller would like to sell 583 and 587 North Main street as a pair, but is also willing to sell them separately. The four plus units within 583 North Main is in need of significant repair and renovation and is being sold as 587’s sister, with infinite income opportunities. The possibilities are endless for this *Two-For-One Special*, come let your creativity and imagination run wild at 583 & 587 North Main Street in Barre. See MLS listing # 4885869 for details on 583 North Main. †

Property Location

587 North Main Street Barre City

Property Details

Essentials

Sold Price $130,000		Sold Date Feb 2nd, 2022
List Price 139,000	Bedrooms 4	Garage Size 1 Car
Cooperation Fee Unknown	Total Bathrooms 1	Year Built 1895
MLS# 4885872	Lot Size 0.15 Acres	Taxes $4,755
Type Multi-Family	Days on Market 1142 Days	Tax Year 2021
Units 2	Stories 2	Road Frontage 50
Annual Income $12,000	Style Multi-Family	Water Frontage
Annual Expenses $0	Finished 1,911 Sqft	Construction No, Existing
Zoning UC-3-Urban Center	Above Grade 1,911 Sqft	Seasonal No
Total Rooms 4	Below Grade 0 Sqft	List Date Oct 6th, 2021

Expenses

Gross Income $12,000	Operating Expenses $0	Net Income $0

Expenses Includes

Unit Size & Rent

Unit 1 3 Beds, 1 Baths, $950/Monthly	Unit 2 1 Beds, Baths, $0/Mo

Building

ConstructionWood Frame
BasementInterior, Unfinished, Interior Stairs, Stairs - Interior, Unfinished, Interior Access
Interior Features
Exterior Features

Exterior Clapboard	Disability Features
Foundation Granite	House Color Tan
Floors Carpet, Vinyl, Wood	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsFrom downtown Barre head Southeast towards Montpelier. Shortly after passing Dollar General on your right, take a left onto Sixth Street and the first driveway on your left is the apartment's parking. You will see my sign on North Main street in front of the buildings.
Lot DescriptionUnknown, Corner, City Lot, Interior Lot
Garage & Parking Yes, , , On Site, Off Street, On-Site

Road Frontage 50	Water Access
Driveway ROW, Gravel	Water Type
Flood Zone No	Water Body
Zoning UC-3-Urban Center

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, Baseboard	Negotiable
Sewer Public	Parcel Access ROW Unknown
Water Public	ROW for Other Parcel
Water Heater Tank	Financing
Cable Co	Documents
Electric Circuit Breaker	Tax ID 036-011-11770

† The remarks published on this webpage originate from Listed By Katie Peterson 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.