98 Washington Street Barre City, Vermont 05641 MLS# 4793812

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Sold Status

$442,000 Sold Price

Multi Type

10 Beds

7 Baths

5,759 Sqft

Listed By Michael Skinner of KW Vermont
Sold By birch+pine Real Estate Company

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The owner has been a very good steward of this building with strong management of both it and their tenant base. This building has the added benefit of being on a corner lot so tenants have ingress and egress via Washington Street or Highland Ave which takes pressure of the parking lot. Building is fully occupied and the owner has been able to keep it fully occupied as it is a very desirable property . You have the opportunity to be the beneficiary of owning this great property. Owner may elect to enter into a 1031 Exchange. †

Property Location

98 Washington Street Barre City

Property Details

Essentials

Sold Price $442,000		Sold Date May 11th, 2020
List Price 445,000	Bedrooms 10	Garage Size Car
Cooperation Fee Unknown	Total Bathrooms 7	Year Built 1893
MLS# 4793812	Lot Size 0.47 Acres	Taxes $11,310
Type Multi-Family	Days on Market 1744 Days	Tax Year 19
Units 7	Stories 2	Road Frontage 148
Annual Income $76,764	Style Apartment Building	Water Frontage
Annual Expenses $0	Finished 5,759 Sqft	Construction No, Existing
Zoning Mixed Use 1	Above Grade 5,759 Sqft	Seasonal No
Total Rooms 10	Below Grade 0 Sqft	List Date Feb 12th, 2020

Expenses

Gross Income $76,764	Operating Expenses $0	Net Income $42,869

Expenses Includes

Unit Size & Rent

Unit 1 1 Beds, 1 Baths, $956/Monthly	Unit 2 1 Beds, 1 Baths, $895/Monthly
Unit 3 1 Beds, 1 Baths, $850/Monthly	Unit 4 2 Beds, 1 Baths, $999/Monthly
Unit 5 2 Beds, 1 Baths, $945/Monthly	Unit 6 2 Beds, 1 Baths, $945/Monthly
Unit 7 1 Beds, 1 Baths, $807/Monthly

Building

ConstructionWood Frame
BasementWalk-up, Unfinished, Interior Stairs, Stairs - Interior, Unfinished, Exterior Access, Stairs - Basement
Interior Features
Exterior Features

Exterior Wood, Vinyl	Disability Features
Foundation Stone, Concrete	House Color
Floors	Building Certifications
Roof Shingle-Asphalt	HERS Index

Property

DirectionsRt 302 East (Washington Street) out of City, property is on the left just after Highland Ave
Lot Description, Corner, City Lot, Porch - Covered
Garage & Parking No, , , On Site, Off Street, 5-10 Spaces

Road Frontage 148	Water Access
Driveway Paved	Water Type
Flood Zone No	Water Body
Zoning Mixed Use 1

Schools

School District Barre City School District	Middle Barre City Elem & Middle Sch
Elementary Barre City Elem & Middle Sch	High Spaulding UHS #41

Utilities

Heat Fuel , Oil	Excluded
Heating/Cool None, Baseboard, Multi Zone, Multi Zone	Negotiable
Sewer Public	Parcel Access ROW
Water Public, Public	ROW for Other Parcel
Water Heater Owned, Off Boiler, Owned	Financing
Cable Co	Documents Deed, Tax Map
Electric 100 Amp	Tax ID 036-011-10201

† The remarks published on this webpage originate from Listed By Michael Skinner of KW Vermont 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.