NOT IN A FLOOD ZONE Enjoy a fresh baked good during our next open house and dive into your next summer project Have a new income stream by Fall! Passive income and equity opportunity. This triplex offers two 2 bedroom/1 bathroom units and one 3 bedroom/1 bathroom. Porches need a bit of care but this property stands strong structurally and will continue to serve tenants for many decades to come. Each unit has it's own utilities. Unit 1 is an attached single family home property with it's own basement. Unit 2 occupies the downstairs, while Unit 3 the upstairs with it's own seperate entrance. Both occupying the right portion of the property. Large .22 acre double lot with a private backyard that offers seasonal florals during warmer months. This property could gross $4,788 monthly. That's a very healthy $57,456 annually and a very low cap rate!
Investors, take note: Here is a great opportunity to buy low and get instant cash flow. This property needs some TLC but has a solid heating system (Buderus Boiler) and oil tank, separate water heaters, tenants pay electricity, and there is an excellent rental history. Currently, there is one tenant upstairs in "Unit 2" who has been there several years, and "Unit 1" is slated to be vacant by 8/1/26. This vacancy allows for owner occupancy, or for the new owner to set his or her own terms as far as how the next lease agreement will work. "The best time to buy real estate was yesterday. The second best time is today." Here's your chance to add to or to start your Real Estate portfolio!
Unleash the full potential of this unique real estate package featuring two separate buildings on a corner lot, each offering a spacious three-bedroom layout. Complete with ample off-street parking for both structures, this property provides the ideal setup for an investor expanding a portfolio, or an owner-occupant looking to live in one unit while generating income from the other. Enjoy exceptional convenience with close proximity to downtown amenities, shopping, local dining, the hospital, and fast, easy access to I-89 for smooth commuting across the region. Both buildings require rehabilitation, presenting a blank canvas for contractors, renovators, or savvy investors looking to build substantial equity. Property is being sold "As-Is." Bring your vision, contractor, and strategy to capitalize on this multi-structure opportunity!
Investors, take note! This duplex in the heart of Barre is ready for a comeback. Offering one two-bedroom unit and one three-bedroom unit, each with separate heat and electric, the property provides a solid foundation for your next investment project. Bring your skills and vision to restore this property to its full potential. With strong demand for quality rental housing, this could be an excellent opportunity to renovate, rent, and build equity. ~ NO interior access allowed ~ This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.
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