58 CIRCLE STREET Barre City, VT 05641 | Multi-Family
$215,000
Listing Courtesy of
Green Light Real Estate
Description
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.