63 BARRE STREET Montpelier, VT 05602 | Residential | Single Family
$550,000
Listing Courtesy of
Green Light Real Estate
Description
This property represents a great investment opportunity right in the heart of Montpelier! Within walking distance of all city amenities, this building is ADA accessible and completely renovated to preserve its historic character. A total rehab of the building was completed when the current owners purchased the property, which took over a year to finish and includes considerable investment into making the barn a fully furnished space with radiant heat flooring. This 4,200 square foot building is fully insulated. With thirteen parking spaces and commercial zoning, it is an ideal place for a dentist office, law firm, or company office space. All aspects of the building were renovated and brought up to code, including electrical upgrades and wiring the building for four units, plumbing for four units, hydronic heating systems, new roof, reinforced and insulated foundation and basement, new boiler, updated fire alarm and sprinkler system, new water line, new insulation, interior ramp for ADA compliance (fully removable), saving the dilapidated barn, and installing leveled plywood through most of the main house first floor by carefully screwing down to the existing original pine floor system to allow future owners the opportunity to have access to the original pine floors. For the highest value, this property could be turned into a four unit multi-family. Properties don’t go on the market in this location and of this value very often, so don’t miss this rare opportunity.