5 East Street Barre City, Vermont 05641 MLS# 4830900

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Sold Status

$260,000 Sold Price

Multi Type

6 Beds

3 Baths

2,971 Sqft

Listed By Derek Eisenberg of Continental Real Estate Group, Inc.
Sold By
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Washington County

5 East Street

Rare opportunity to own a profitable, beautiful and well-maintained three-unit apartment building on historic Currier Park in Barre City! This spacious building is just steps from downtown Barre's restaurants, shops, cafes, and business services! Currently fully occupied with positive cash flow, there's a lot to love about 5 East Street including: - Consistent annual revenue ($40k+/year) and stable expenses - Great long-term tenants and friendly neighbors - Easy and affordable maintenance - Updates including a new roof in the last 5 years, improvements to the front porch and yard, and newer appliances - Annual service performed on heating system Each unit is a 2 bedroom, 1 bath apartment with its own washer and dryer, dishwasher, parking space for 2 cars, and private entrance. The largest unit is on two levels with exclusive basement access. Heat, hot water, trash, and snow removal are included in monthly rent for each unit. Tenants pay for electricity, cable and wifi. Hardwood floors and original details have been maintained throughout the building.

Property Location

5 East Street Barre City

Property Details

Sold Price  $260,000 Sold Date  May 17th, 2021
MLS#  4830900 Bedrooms  6 Garage Size   Car
List Price  299,000 Total Bathrooms  3 Year Built  1890
Type  Multi-Family Lot Size  0.3300 Acres Taxes $8,175
Units  3 Stories  2 Road Frontage  
Annual Income  $40,450 Style  Colonial, Historic District Water Frontage  
Annual Expenses  $0 Finished  2,971 Sqft Construction  No, Existing
Zoning   R3 Above Grade  2,971 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Sep 25th, 2020
Gross Income  $40,450 Operating Expenses  $0 Net Income  $3,573
Expenses Includes 
Unit 1   2 Beds, 1 Baths, $0/Mo Unit 2   2 Beds, 1 Baths, $0/Mo
Unit 3   2 Beds, 1 Baths, $0/Mo
ConstructionWood Frame
BasementInterior, Interior Stairs, Exterior Stairs, Daylight, Stairs - Interior
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Poured Concrete House Color  
Floors  Vinyl, Laminate, Hardwood Building Certifications  
Roof  Shingle-Asphalt HERS Index  
Directions
Lot Description, City Lot
Garage & Parking  No, , , 1-10 Spaces
Road Frontage   Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  R3
School District  Barre City School District Middle  
Elementary  Barre City Elem & Middle Sch High  Spaulding High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard, Individual, Hot Water Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Oil Financing  
Cable Co   Documents  
Electric  On-Site Tax ID  036-011-12225
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† The remarks published on this webpage originate from Listed By Derek Eisenberg of Continental Real Estate Group, Inc. 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.