47 Summer Street Barre City, Vermont 05641 MLS# 4981280

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For Sale Status

$370,000 List Price

Multi Type

10 Beds

4 Baths

3,754 Sqft

Listed By Lauren Gould of Green Light Real Estate
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Washington County

On Corner of Summer and Merchant St On Corner of Summer and Merchant St
Each unit with its own porch Each unit with its own porch
Back of Building- exterior doors to Units 3 & 4 Back of Building- exterior doors to Units 3 & 4
Door on corner leads to basement Door on corner leads to basement
Ample off street parking Ample off street parking
Door to interior access to Units 1 & 2 Door to interior access to Units 1 & 2
Parking lot Parking lot
47 Summer Street
Side doors to Merchant St Side doors to Merchant St
47 Summer Street
47 Summer Street

INVESTORS TAKE NOTE! Gross rents are $48,900, Annual expenses at $16,772 leaves a Net Operating Income of $32,128. Clean, well cared for 4 unit apartment building close to downtown. Newer on demand propane hot water furnace, separate electric, washer/dryer hookups in each unit. Most units are all hardwood floors. Each unit has a separate porch. Ample parking in lot. This property has been well cared for and provides solid rental history. Add this one to your portfolio and watch the money roll in!

Property Location

47 Summer Street Barre City

Property Details

MLS#  4981280 Bedrooms  10 Garage Size   Car
List Price  370,000 Total Bathrooms  4 Year Built  1899
Type  Multi-Family Lot Size  0.2300 Acres Taxes $7,242
Units  4 Stories  2 Road Frontage  100
Annual Income  $48,900 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,754 Sqft Construction  No, Existing
Zoning   MU 1 Above Grade  3,754 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Jan 3rd, 2024
Gross Income  $48,900 Operating Expenses  $0 Net Income  $32,128
Expenses Includes 
Unit 1   3 Beds, 1 Baths, $1,050/Monthly Unit 2   3 Beds, 1 Baths, $1,050/Monthly
Unit 3   2 Beds, 1 Baths, $1,000/Monthly Unit 4   2 Beds, 1 Baths, $975/Monthly
ConstructionWood Frame
BasementWalk-up, Dirt, Dirt, Exterior Access
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone, Granite House Color  white
Floors  Tile, Hardwood, Tile Building Certifications  
Roof  Shingle HERS Index  
DirectionsFrom 62 E: Follow straight through set of lights at intersection of Route 302. Turn right onto Summer Street. House will be on your left.
Lot Description, Corner, City Lot
Garage & Parking  No, , , Off Street, 6+ Parking Spaces
Road Frontage  100 Water Access  
Driveway  Paved, Common/Shared Water Type  
Flood Zone  No Water Body  
Zoning  MU 1
School District  Barre City School District Middle  Barre City Elem & Middle Sch
Elementary  Barre City Elem & Middle Sch High  Spaulding High School
Heat Fuel  , Gas-Lp/Bottle Excluded  
Heating/Cool  None, Baseboard, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  On Demand, Gas-Lp/Bottle Financing  
Cable Co   Documents  
Electric  100 Amp, Circuit Breaker Tax ID  036-011-10189
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† 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.