Sold Status
$112,000 Sold Price
Multi Type
4 Beds
1 Baths
3,213 Sqft
Sold By Signature Properties of Vermont
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Washington County
**PRICE REDUCTION** Here's something interesting! A Barre City triplex, with two good, rented units upstairs, and one renovation-ready unit on the first floor. The elephant in the room is the first floor. It's ready for a renovation, which is good, because that's what it needs. You're going to be putting in a new kitchen, bathroom, flooring, and painting. And then...you'll have a really nice, open layout, one bedroom first floor apartment, with a separate "cold storage" area. Should get nice rent on that! One upstairs apartment has two bedrooms, an open layout, and a recently updated balcony, which is very cool. Long term tenants in that unit. The other upstairs apartment is currently set up as a one bedroom. A little creativity might let you change the locations of a couple of doorways, and make it into two bedrooms. Updated kitchen, and hardwood floors. Each unit has its own heating, so you could keep paying for heat, or shift it onto the tenants. This could be a great owner occupied building, or you can get three good rents under one roof. Parking for three cars. This building is a good one, it really just needs someone to carry it over the finish line. The location is convenient to downtown Barre, and you can pop up to 89 and avoid traffic if that's your preference. **Garage does not convey.** †
Property Location
Property Details
Sold Price $112,000 | Sold Date Jan 3rd, 2024 | |
---|---|---|
List Price 140,000 | Bedrooms 4 | Garage Size Car |
Cooperation Fee Unknown | Total Bathrooms 1 | Year Built 1910 |
MLS# 4950084 | Lot Size 0.11 Acres | Taxes $5,752 |
Type Multi-Family | Days on Market 575 Days | Tax Year 2022 |
Units 3 | Stories 2 | Road Frontage 100 |
Annual Income $36,960 | Style Apartment Building | Water Frontage |
Annual Expenses $0 | Finished 3,213 Sqft | Construction No, Existing |
Zoning Mixed Use 2 | Above Grade 3,213 Sqft | Seasonal No |
Total Rooms 4 | Below Grade 0 Sqft | List Date Apr 26th, 2023 |