63 BARRE STREET Montpelier, VT 05602 | Residential | Single Family

$550,000

Closed
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5
3
11
5787 sqft.
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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.

Property Details

List Price $599,000 Sold Price $550,000 List Date 2021-11-19 Sold Date 2022-03-03 MLS ID 4891324 Status Closed Property Type Residential Property Sub Type Single Family County VT-Washington Days on Market 25

structure

AG Finished Area 4137.0 accessibility features 1st Floor Hrd Surfce Flr, Accessibility Features, Handicap Modified, No Stairs from Parking, Zero-Step Entry Ramp basement Yes Full Baths 0 Half Baths 2 1/4 Baths 0 3/4 Baths 1 Total Baths 3 bedrooms total 5 BG Finished Area 0.0 cooling None flooring Wood foundation details Concrete garage y n No heating Baseboard living area 5787.0 living area units Square Feet new construction Existing Parking Features On-Site, Parking Spaces 11 - 20 roof Shingle - Architectural stories 2 year built 1870

characteristics

Acres 0 lot size area 0.31 Lot SqFt 13504.0 lot size units Acres road frontage type Paved, Public

school

elementary school Union Elementary School high school Montpelier High School middle or junior school Main Street Middle School

tax

tax annual amount 10245.8 tax year 2021 zoning Urban Center 2

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 3/17/2024 6:49:19 AM (UTC)