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$1,550,000
5106066 MLS
Turnkey Multi Family Investment Opportunity in Central Vermont at 54,56, 58, and Lot 1 Mill Street, Barre City, VT. Boasting more than 7300 finished sqft at roughly $210/sqft, 13 bedrooms and 11 baths, this is a great opportunity! Rare chance to own a well maintained, income producing property in the heart of Central Vermont. Situated on 1.62 acres at the end of Mill Street, this unique offering includes two single family homes, a 9 unit apartment building, and an included empty lot, an ideal turnkey investment for an owner operator or investor alike. One single family home was built as recently as 2003, with a 2 car garage and storage above. An additional shed with electricity offers convenient space for property maintenance tools. Several apartment units have been recently renovated with new flooring and fresh paint, adding to the property's turnkey appeal and rental value. The included empty lot offers exciting potential to add another building and generate further income. Located at the end of Mill Street, the parcel abuts walking paths, and the beautiful Stevens Branch waterway (no flooding has affected the property in the last few local floods) with plenty of parking and yard space. All units are currently rented, reflecting excellent rental history and steady cash flow. The property operates at a 6.67% cap rate and grosses over $150,000 per year. Bringing rents to market rates could add roughly $26,000 in gross income, pushing the cap rate to nearly 8.2%, offering strong upside for investors. Conveniently located near shopping, restaurants, and easy access to I 89, this is a rare chance to acquire a stable, cash flowing multi family asset in a highly desirable Central Vermont location.

54 Mill St, Barre City

$279,900
5104865 MLS
Don't miss this exceptional opportunity to own a renovated, income-producing multi-family property in the heart of Barre! 18 Eastern Ave is a duplex with 4 total bedrooms and 2 baths on a 1/4 of an acre with ample driveway parking. Currently operating as a strong cash-flowing investment, this property is leased to two great, reliable tenants and generating an impressive 8.29% CAP rate with a net operating income of over $23,000 per year. This property has been meticulously maintained and thoughtfully updated throughout, making it a true turn key opportunity for both investors looking to add a solid performer to their portfolio and owner occupants seeking built in rental income. Both units have been repainted, giving each apartment a clean, move-in-ready feel. Flooring has been updated throughout, and several appliances have been replaced, adding value and appeal. Mechanically, the home has also been well cared for, with a new oil tank recently installed. Exterior work has also been completed, further reducing deferred maintenance and helping protect your investment for years to come. Whether you're an investor seeking a stabilized asset with excellent, dependable cash flow and quality tenants already in place, or an owner occupant looking to live in one unit while offsetting your mortgage with rental income from the other, 18 Eastern Ave checks every box. This is the kind of low hassle, high performing property that investors want! Located in a convenient Barre neighborhood close to local amenities, shopping, and commuter routes, this property offers both immediate income and long-term value.

18 Eastern Ave, Barre City

$485,000
5099709 MLS
A smart investment with room to grow. This unique package brings together a fully leased commercial building and a separately deeded residential rental, offering multiple income streams from day one. Whether you're expanding your portfolio or looking for a property with long-term upside, this is an opportunity that's hard to replicate. The commercial building has been exceptionally maintained and is home to three established commercial tenants. Inside, you'll find 12 rooms, four bathrooms, handicap accessibility, and a flexible layout ready to support a variety of business uses. An attached barn and two-car garage open the door to future expansion, additional workspace, or creative redevelopment, subject to local approvals. The included two-bedroom rental home adds another source of dependable income. Featuring one and a half baths, an attached one-car garage, and outdoor space for gardening or relaxing, it's a comfortable residence that tenants appreciate. Positioned directly across from Aubuchon Hardware in a high-visibility location, this property benefits from consistent daily traffic and excellent exposure. With ample parking, strong rental income, and future potential, this is more than a real estate purchase. It's a chance to own a property that is already working for you while leaving room to shape what comes next. Well cared for and ready for its next chapter, this versatile commercial and investment property is ready to welcome its next steward.

84 & 88 S Main St, Barre City

$225,000
5072850 MLS
This is not just a duplex; this is a Cash Flow property! This is one of the most affordable ways to own a cash-flowing duplex in Central Vermont, with major flood mitigation already done for you. Key Updates and Features include, New Roof (2020): The property features a new roof installed in 2020 with a standard guarantee on shingles, ensuring long-term durability and protection against the elements. New Windows (2022): All living spaces in both the upstairs and downstairs units have new windows installed in 2022, providing improved energy efficiency, natural light, and modern aesthetics. Flood Resistant Utility Room & Mechanical Upgrades (2023): In response to the 2023 flood, the utility room was added above flood stage. Significant upgrades include new electrical panels, a new furnace boiler, and a new hot water heater for the upstairs apartment is now conveniently located in the utility room for added safety and accessibility. Downstairs Apartment Renovations (2023): Kitchen: New cupboards, stove, and dishwasher installed in 2023 for a modern cooking experience. Laundry: Washer and dryer included; the washer is brand new, while the dryer is secondhand. Bedrooms: Two bedrooms with closets offer ample storage, plus one large room currently used as a bedroom (without a closet). Upstairs Apartment Improvements: Newly installed shower in 2023 for added comfort. Seller has gotten a flood estimate! An owner-occupied duplex will run, on average, approximately $1,200/year. If the duplex is purely an investment property and will be fully rented, rates are a bit higher, estimating around $1,600-$1,800/year range.

31 Granite St, Barre City

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