790-796 South Barre Road Barre Town, Vermont 05641 MLS# 4865426

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Sold Status

$675,000 Sold Price

Multi Type

0 Beds

0 Baths

2,496 Sqft

Listed By David Lawrence of Vermont Real Estate Company
Sold By Vermont Real Estate Company
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790-796 South Barre Road

This is a rare opportunity to own meticulously maintained 9-unit apartment rentals. The two properties consist of two separate fully occupied buildings as well as on-site storage units for each tenant. These well cared for properties boast an efficient heating system, vinyl siding, and a combined 1.1 acre low maintenance lot. Conveniently located right on Route 14 in South Barre, tenants enjoy on-site laundry, easy access to nearby amenities and I-89, Barre Town School, and plenty of parking. This truly is a great chance to own a wonderfully kept turn-key investment property with excellent income and potential for more! †

Property Location

790-796 South Barre Road Barre Town

Property Details

Sold Price  $675,000 Sold Date  Aug 13th, 2021
MLS#  4865426 Bedrooms  0 Garage Size   Car
List Price  724,999 Total Bathrooms  0 Year Built  1987
Type  Multi-Family Lot Size  1.1000 Acres Taxes $12,000
Units  9 Stories  2 Road Frontage  
Annual Income  $94,105 Style  Gambrel Water Frontage  
Annual Expenses  $0 Finished  2,496 Sqft Construction  No, Existing
Zoning   High Density Residential Above Grade  2,496 Sqft Seasonal  No
Total Rooms  0 Below Grade  0 Sqft List Date  Jun 8th, 2021
Gross Income  $94,105 Operating Expenses  $0 Net Income  $54,615
Expenses Includes 
ConstructionWood Frame
Basement
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Slab - Concrete House Color  White
Floors  Laminate, Carpet Building Certifications  
Roof  Standing Seam, Standing Seam HERS Index  
DirectionsFrom downtown Barre take North Main Street/Route 14 towards South Barre. At the light by Hannaford/Exit 6 access road continue straight on Route 14 towards Williamstown. Both properties just up on the left hand side, see realtor sign.
Lot Description, Landscaped, Rental Complex
Garage & Parking  No, , , 11-20 Spaces, Paved, On Site, Paved
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  Unknown Water Body  
Zoning  High Density Residential
School District  Barre Unified Union School District Middle  Barre Town Elem & Middle Sch
Elementary  Barre Town Elem & Middle Sch High  Spaulding High School
Heat Fuel  , Oil, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric, Gas-Lp/Bottle Financing  
Cable Co  Spectrum Documents  
Electric  Circuit Breaker Tax ID  039-012-10485
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† The remarks published on this webpage originate from Listed By David Lawrence of Vermont Real Estate Company via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.