47 Summer Street Barre City, Vermont 05641 MLS# 5013394

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For Sale Status

$365,000 List Price

Multi Type

10 Beds

4 Baths

3,754 Sqft

Listed By Lauren Gould of Green Light Real Estate
✉ 🖶

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Located on the corner of Summer St and Merchant St Located on the corner of Summer St and Merchant St
Merchant St entrances Merchant St entrances
47 Summer Street
Each unit with its own porch Each unit with its own porch
Door to interior access to units 1 & 2 Door to interior access to units 1 & 2
Back of building. Separate entrances to units 3 & 4 Back of building. Separate entrances to units 3 & 4
47 Summer Street
Door on corner leads to basement Door on corner leads to basement
Ample off street parking Ample off street parking
Parking lot Parking lot
47 Summer Street
47 Summer Street

Don't miss this opportunity! Clean, well cared for 4 unit apartment building close to downtown. Newer on demand propane hot water furnace, separate electric for each unit, washer/dryer hookups in each unit and each has a separate porch! Most units are all hardwood floors. Ample parking in lot. This property has been well cared for and provides solid rental history. Gross rents are $48,900, Annual expenses at $16,772 leaving a Net Operating Income of $32,128. Add this one to your portfolio and watch the money roll in! †

Property Location

47 Summer Street Barre City

Property Details

List Price  365,000 Bedrooms  10 Garage Size   Car
Cooperation Fee  Unknown Total Bathrooms  4 Year Built  1899
MLS#  5013394 Lot Size  0.23 Acres Taxes $7,242
Type  Multi-Family Days on Market  26 Days Tax Year 2023
Units  4 Stories  2 Road Frontage  100
Annual Income  $48,900 Style   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  Sep 9th, 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
Construction
BasementWalk-up, Dirt, Dirt, Exterior Access
Interior Features
Exterior Features
Exterior   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
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   ROW for Other Parcel  
Water Heater   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 PrimeMLS IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman cannot be held responsible for possible violations of copyright resulting from the posting of any data from the PrimeMLS IDX Program.