101 & 6 Prospect Street and Kent Place Barre City, Vermont 05641 MLS# 4978533

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For Sale Status

$585,000 List Price

Multi Type

12 Beds

6 Baths

5,508 Sqft

Listed By Jacob Nelson of KW Vermont - Barre
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Washington County

101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place
101 & 6 Prospect Street and Kent Place

Calling All Investors! Fully occupied with a combined gross income of $90,600! 101 Prospect Street and 6 Kent Place are being offered as a package deal. At current list price, the package is being sold at an attractive 7.7% cap rate. The properties are well-maintained and half of the units have undergone extensive renovations over the past year and a half. They share a town-maintained street with ample parking for both buildings. Together they make-up 6 units each containing 2 bedrooms and 1 bath. Each unit has its own separate entrance and utilities! Five of the units have their own laundry hook-ups. Properties are also listed separately: MLS#4978527 and MLS#4978529

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Property Location

101 & 6 Prospect Street and Kent Place Barre City

Property Details

MLS#  4978533 Bedrooms  12 Garage Size   Car
List Price  585,000 Total Bathrooms  6 Year Built  1901
Type  Multi-Family Lot Size  0.3000 Acres Taxes $12,866
Units  6 Stories  2 Road Frontage  
Annual Income  $90,600 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  5,508 Sqft Construction  No, Existing
Zoning   R-4 Above Grade  5,508 Sqft Seasonal  No
Total Rooms  12 Below Grade  0 Sqft List Date  Nov 22nd, 2023
Gross Income  $90,600 Operating Expenses  $0 Net Income  $0
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $1,350/Monthly Unit 2   2 Beds, 1 Baths, $1,000/Monthly
Unit 3   2 Beds, 1 Baths, $1,250/Monthly Unit 4   2 Beds, 1 Baths, $1,250/Monthly
Unit 5   2 Beds, 1 Baths, $1,375/Monthly Unit 6   2 Beds, 1 Baths, $1,325/Monthly
ConstructionWood Frame
BasementInterior, Partial, Unfinished, Full, Crawl Space
Interior Features
Exterior Features
Exterior  Vinyl Siding Disability Features  
Foundation  Granite, Granite House Color  
Floors   Building Certifications  
Roof  Rolled, Membrane, Flat HERS Index  
Directions
Lot Description, Level, City Lot
Garage & Parking  No, , , On Site
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  R-4
School District  Barre City School District Middle  Barre City Elem & Middle Sch
Elementary  Barre City Elem & Middle Sch High  Spaulding High School
Heat Fuel  , Oil, Gas-Lp/Bottle Excluded  
Heating/Cool  None, Vented Gas Heater, Hot Air, Stove - Gas Negotiable  
Sewer  Public Sewer On-Site Parcel Access ROW  
Water  Public Water - On-Site ROW for Other Parcel  
Water Heater  Electric, Owned Financing  
Cable Co   Documents  Tax Map
Electric  Circuit Breaker Tax ID  036-011-12200 &
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† The remarks published on this webpage originate from Listed By Jacob Nelson of KW Vermont - Barre 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.