58 CIRCLE STREET Barre City, VT 05641 | Multi-Family

$215,000

Closed
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2
3792 sqft.
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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.

Property Details

List Price $219,000 Sold Price $215,000 List Date 2021-07-19 Sold Date 2021-09-30 MLS ID 4873060 Status Closed Property Type Multi-Family County VT-Washington Days on Market 9

structure

AG Finished Area 2792.0 basement Yes cooling None Features Exterior Fence - Dog, Porch - Covered foundation details Concrete garage spaces 2.0 garage y n Yes heating Hot Air living area 3792.0 living area units Square Feet new construction Existing Parking Features Paved roof Membrane stories 2 year built 1947

characteristics

Acres 0 lot size area 0.18 Lot SqFt 7841.0 lot size units Acres # of Units 2 road frontage type Paved, Public road surface type Paved, Public

school

elementary school Barre City Elem & Middle Sch high school Spaulding High School middle or junior school Barre City Elem & Middle Sch

tax

tax annual amount 6999.72 tax year 2020 zoning R-4

financial

gross income 30600.0 net operating income 16014.0 operating expense 14586.0

contract

foreclosure y n No

compensation

Buyer Agency Comp. 3 Buyer Agency Comp. Type % Non-Rep Comp. 3 Compensation Disclaimer The listing broker's offer of compensation is made only to other real estate licensees who are participant members of the PRIMEMLS.
This listing was last updated on 3/18/2024 6:11:15 AM (UTC)