List Price: $365,000 | $97 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,2 - Three Bedroom Units
Under Contract Date Listed Monday Sep 9, 2024 | MLS# 5013394



Address: 47 Summer Street Barre City VT
Listed by Lauren Gould Green Light Real Estate
Description:
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! Operating Expenses : Heat,Insurance,Sewer,Water
Annual Expenses

Taxes: $7,242
Income
Gross Income | $48,900
NetIncome | $32,128
Appliances : Water Heater–Gas–LP/Bttle | Water Heater – On Demand

UNIT 1 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 1
Info : Heat Included,Laundry Hookup,Porch
Tenant Pays : Electric
Rent : 1050.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased

UNIT 2 INFORMATION

Beds: 3
Baths: 1
Rooms: 0
Level: 2
Info : Heat Included,Laundry Hookup,Porch
Tenant Pays : Electric
Rent : 1050.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 3 INFORMATION

Beds: 2
Baths: 1
Level: 1
Info : Heat Included,Laundry Hookup
Tenant Pays : Electric
Rent : 1000.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Leased

UNIT 4 INFORMATION

Beds: 2
Baths: 1
Level: 2
Info : Heat Included,Laundry Hookup,Porch
Tenant Pays : Electric
Rent : 975.00 Monthly
Lease Term : Month to Month
Status : Leased

Construction: Wood Frame | Vinyl Exterior
Year Built: 1899
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5631
Above Grade Sq.Ft.: 3754
Basement: Concrete Floor | Dirt | Exterior Access
Foundation: Granite | Stone
Exterior Color: white
Roof: Shingle
Garage And Parking: Off Street | Parking Spaces 6+
Seasonal: No
Heating: Propane | Baseboard | Hot Water
Cooling: None
Electric: 100 Amp | Circuit Breaker(s)
Trash: Dumpster
Utilities: Cable - Available
Electric Meters: 4
Water: Public
Sewer: Public
Land Information
City Lot | Corner
Lot size: 0.23 acres
Zoned: MU 1)
Surveyed: Unk
Flood Zone: No
Roads: Paved | Public
Road Frontage: 100
Driveway: Common/Shared | Paved
Additional Information
Taxes $7,242
Assesed Value Not Reported
Schools
School District: Barre City School District
Elementary School: Barre City Elem & Middle Sch
Middle School: Barre City Elem & Middle Sch
High School: Spaulding High School

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