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Listed by Darcy Handy • RE/MAX North Professionals
$ 325,000
Est. payment /mo
Price Dropped by $10K
18 Maple AVE Barre City, VT 05641
8 Beds
2 Baths
2,304 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,304 sqft
Price per Sqft $141
MLS Listing ID 5091475
Bedrooms 8
Full Baths 2
Construction Status Existing
Year Built 1889
Annual Tax Amount $6,601
Tax Year 2026
Lot Size 0.260 Acres
Acres 0.26
Property Description
INVESTORS TAKE NOTICE! Excellent opportunity to own a fully occupied, income-producing duplex in Barre City generating $46,800 in actual annual gross rental income, with room for future rent increases and additional income potential! Priced at $325,000, this property offers an estimated 6.8% cap rate based on current rents and historical operating expenses. Featuring two spacious 4-bedroom, 1-bath apartments, this property offers a total of eight bedrooms, a desirable rental configuration, and established tenants with no current vacancies. Both apartments feature generous living spaces, functional kitchens, and flexible floor plans that appeal to tenants seeking more room. One of the property's standout features is the oversized detached three car garage with a full loft, providing valuable storage and workshop space, along with the potential to generate additional rental income subject to applicable approvals and lease arrangements. With current rental income already in place, opportunities to increase rents over time, and the possibility of additional garage revenue, this property offers multiple avenues for improving future cash flow and investment returns. Conveniently located near downtown Barre, shopping, restaurants, and commuter routes, this duplex offers an attractive combination of immediate income and long-term investment potential. Whether you're expanding an existing rental portfolio or purchasing your first investment property, 18 Maple Avenue is worth a closer look. Schedule your showing today and explore the possibilities!
Location
State VT
County Vt-washington
Area Vt-Washington
Zoning MU-1
Rooms
Basement Entrance Interior
Basement Dirt Floor, Unfinished
Interior
Cooling None
Exterior
Garage Spaces 3.0
Utilities Available Cable
Roof Type Flat,Membrane
Building
Story 2
Sewer Public
Architectural Style Duplex
Construction Status Existing
Schools
School District Barre City School District
