21 Cabot Street Barre City, Vermont 05641 MLS# 4981279

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Sold Status

$360,000 Sold Price

Multi Type

7 Beds

4 Baths

3,143 Sqft

Listed By Lauren Gould of Green Light Real Estate
Sold By Green Light Real Estate

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Washington County

21 Cabot Street

Impeccably maintained. Property grosses $49,620 (at market rent, property could gross $60,000) expenses $22,663, Net operating income $26,957. CAP rate of 7.5% Great layout; raised ranch/multi-family. 2 units down, 2 units up. Newer windows throughout. Separate electric and hot water. Furnace is only 3 years old! Amazing, quiet, end of road location that's convenient to downtown. Coin op laundry located in basement. Plenty of parking. Strong rental history. 2 tenants 5+ years. Dream of expanding your investment?? Property is on a large city lot which can be built upon- ask broker for details! This 4 unit is in great shape and ready for a smart investor to make an offer!! Will it be you??

Property Location

21 Cabot Street Barre City

Property Details

Sold Price  $360,000 Sold Date  Jan 29th, 2024
MLS#  4981279 Bedrooms  7 Garage Size   Car
List Price  360,000 Total Bathrooms  4 Year Built  1965
Type  Multi-Family Lot Size  0.7900 Acres Taxes $8,143
Units  4 Stories  2 Road Frontage  100
Annual Income  $49,620 Style  Multi-Family, Raised Ranch Water Frontage  
Annual Expenses  $0 Finished  3,143 Sqft Construction  No, Existing
Zoning   R4 Above Grade  3,143 Sqft Seasonal  No
Total Rooms  7 Below Grade  0 Sqft List Date  Jan 3rd, 2024
Gross Income  $49,620 Operating Expenses  $0 Net Income  $26,957
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $960/Monthly Unit 2   2 Beds, 1 Baths, $950/Monthly
Unit 3   2 Beds, 1 Baths, $1,250/Monthly Unit 4   1 Beds, 1 Baths, $825/Monthly
ConstructionWood Frame
Interior Features
Exterior Features
Exterior  Wood Disability Features  
Foundation  Concrete House Color  
Floors   Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom Route 302, turn onto Beckley St. Turn right onto St James St and then left onto Cabot St. House is last on the left.
Lot Description, Wooded, Level
Garage & Parking  No, , , 5-10 Spaces
Road Frontage  100 Water Access  
Driveway  Common/Shared Water Type  
Flood Zone  No Water Body  
Zoning  R4
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 Excluded  
Heating/Cool  None, Hot Air Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  100 Amp, Circuit Breaker Tax ID  036-011-12234

† The remarks published on this webpage originate from Listed By Lauren Gould of Green Light Real Estate 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.