Prime Barre City 4-unit investment property: owner-occupy or add to your portfolio! Well-maintained multi-family home in the heart of Barre City offers four updated units—three currently rented to excellent long-term tenants on month-to-month leases, and one vacant, move-in ready unit perfect for owner-occupancy or additional rental income. Located in a desirable, walkable neighborhood just 15 minutes to Montpelier and minutes to the Berlin Mall, Central Vermont Medical Center, and downtown Barre amenities, this is an opportunity you won’t want to miss. Property features three 1-bedroom units and one 2-bedroom unit, each with their own private deck or covered porch. All units are fully equipped with a range, refrigerator, and dishwasher. Tenants pay electric, keeping expenses low for the owner. Recent upgrades include a new roof over the garage and part of the house, brand new doors throughout, new windows, a 2023 electrical panel upgrade, new gas furnace, new hot water heater, and hard-wired smoke/co detectors. The clean, dry basement is fully insulated with granite walls, concrete floors, heat, and plumbing; perfect for extra storage or workspace. The 1-car garage includes workshop space and offers access to both the backyard and basement. Fully fenced and private backyard lined with lilac trees is ideal for tenants or an owner-occupant to relax or garden. This property offers dependable rental income with upside potential and ease of management in a strong rental market.
Built in 1895, this classic two-unit property offers a wonderful blend of historic character and in-town convenience in vibrant St. Johnsbury. Set on a level corner lot, the .24-acre parcel provides space for play, a rear deck for relaxing, and a handy storage shed. Inside, you’ll find timeless details like built-ins, natural woodwork, and beautiful bay windows. The first-floor unit features an inviting enclosed front porch, a central room ideal for a sitting or dining area, a living room, two bedrooms (one with a private half bath), and a full bath. Upstairs, the second unit boasts tall ceilings, a spacious kitchen, a comfortable living room, two bedrooms, and its own private porch. Located in a town known for its rich history, vibrant arts scene, and welcoming community, you’ll be minutes from St. Johnsbury’s many amenities, including the Fairbanks Museum & Planetarium, St. Johnsbury Athenaeum, local shops, restaurants, and parks. Whether you're looking to live in one unit and rent the other, invest in a rental property, or simply enjoy the classic charm of a St. Johnsbury home, this property is a fantastic opportunity.
Great opportunity to own a spacious two-unit building in downtown Montpelier. This two unit could easily be converted back to a SINGLE FAMILY HOMES by just unlocking two doors! Both units are currently rented. The two car garage fits two small cars and there is storage on the second level. The building is located on a low maintenance tenth of an acre lot. Besides the garages, there is plenty of off street parking in the driveway. The first floor one bedroom unit is rented for $1,560/month and the second floor two bedroom unit is rented for $1,600. Heat (oil steam radiators), gas for ranges, water and sewer are included in rent. Tenants pay their own electric, hot water, trash, internet and cable. Each unit has a garage. There is a large storage space on the back of the building on each floor with stairs to the garage. The large fully equipped kitchens have gas ranges and full size refrigerators. Each unit has a covered porch at its private entry where a table and chairs could be set up to enjoy the lovely weather. Water came up through a hole in a drain in the basement in the July 2023 flood. Drain has been fixed and a check valve has been installed to prevent future backflow. Only three feet of water came in to the basement in 2023 an no water came up in to the house.
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