Barre City, VT | 32 Berlin Street

$95,000
MLS#: 5102735
2
# of Units
2,491
Total Sq Ft
0.12
Acres
$2,683
Taxes
Restore Properties
The hard part is already underway. Now it's your chance to bring the vision to life. This side-by-side duplex is more than a renovation project. It's an opportunity to create long-term value with many of the major updates already in place. A newer roof, updated electrical, replacement windows, and significant renovation progress mean you can spend less time tackling expensive infrastructure and more time finishing the details that add equity. Inside, you'll find the character and flexibility that make older Vermont homes worth the effort, with spaces ready to be transformed into attractive rental units or a profitable resale. The sale also includes a collection of remaining renovation materials, including new toilets, hot water heaters, and additional supplies, helping reduce your out-of-pocket costs and keep your project moving. Whether you're looking for your next investment property, a duplex to generate rental income, or a value-add opportunity to renovate and sell, this property offers plenty of upside for buyers willing to finish what's already been started. Bring your contractor, your ideas, and your imagination. The foundation for a rewarding project is already here. Now it's time to unlock its full potential.
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!
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 ~

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