98 Washington Street Barre City, Vermont 05641 MLS# 4793812

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Sold Status

$442,000 Sold Price

Multi Type

10 Beds

7 Baths

5,759 Sqft

Listed By Michael Skinner of KW Vermont
Sold By birch+pine Real Estate Company
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98 Washington Street

The owner has been a very good steward of this building with strong management of both it and their tenant base. This building has the added benefit of being on a corner lot so tenants have ingress and egress via Washington Street or Highland Ave which takes pressure of the parking lot. Building is fully occupied and the owner has been able to keep it fully occupied as it is a very desirable property . You have the opportunity to be the beneficiary of owning this great property. Owner may elect to enter into a 1031 Exchange. †

Property Location

98 Washington Street Barre City

Property Details

Sold Price  $442,000 Sold Date  May 11th, 2020
MLS#  4793812 Bedrooms  10 Garage Size   Car
List Price  445,000 Total Bathrooms  7 Year Built  1893
Type  Multi-Family Lot Size  0.4700 Acres Taxes $11,310
Units  7 Stories  2 Road Frontage  148
Annual Income  $76,764 Style  Apartment Building Water Frontage  
Annual Expenses  $0 Finished  5,759 Sqft Construction  No, Existing
Zoning   Mixed Use 1 Above Grade  5,759 Sqft Seasonal  No
Total Rooms  10 Below Grade  0 Sqft List Date  Feb 12th, 2020
Gross Income  $76,764 Operating Expenses  $0 Net Income  $42,869
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $956/Monthly Unit 2   1 Beds, 1 Baths, $895/Monthly
Unit 3   1 Beds, 1 Baths, $850/Monthly Unit 4   2 Beds, 1 Baths, $999/Monthly
Unit 5   2 Beds, 1 Baths, $945/Monthly Unit 6   2 Beds, 1 Baths, $945/Monthly
Unit 7   1 Beds, 1 Baths, $807/Monthly
ConstructionWood Frame
BasementWalk-up, Unfinished, Interior Stairs, Stairs - Interior, Unfinished, Exterior Access, Stairs - Basement
Interior Features
Exterior Features
Exterior  Wood, Vinyl Disability Features  
Foundation  Stone, Concrete House Color  
Floors   Building Certifications  
Roof  Shingle-Asphalt HERS Index  
DirectionsRt 302 East (Washington Street) out of City, property is on the left just after Highland Ave
Lot Description, Corner, City Lot, Porch - Covered
Garage & Parking  No, , , On Site, Off Street, 5-10 Spaces
Road Frontage  148 Water Access  
Driveway  Paved Water Type  
Flood Zone  No Water Body  
Zoning  Mixed Use 1
School District  Barre City School District Middle  Barre City Elem & Middle Sch
Elementary  Barre City Elem & Middle Sch High  Spaulding UHS #41
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard, Multi Zone, Multi Zone Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public, Public ROW for Other Parcel  
Water Heater  Owned, Off Boiler, Owned Financing  
Cable Co   Documents  Deed, Tax Map
Electric  100 Amp Tax ID  036-011-10201
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† The remarks published on this webpage originate from Listed By Michael Skinner of KW Vermont 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.