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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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18 Eastern Ave , Barre City, VT 05641
$279,900
Est. Payment: $622.00/mo
4 Bed
2 Bath
1782 Sqft
Status: Active | Days on site: 11
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3097 - 612434
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House Description

Don't miss this exceptional opportunity to own a renovated, income-producing multi-family property in the heart of Barre! 18 Eastern Ave is a duplex with 4 total bedrooms and 2 baths on a 1/4 of an acre with ample driveway parking. Currently operating as a strong cash-flowing investment, this property is leased to two great, reliable tenants and generating an impressive 8.29% CAP rate with a net operating income of over $23,000 per year. This property has been meticulously maintained and thoughtfully updated throughout, making it a true turn key opportunity for both investors looking to add a solid performer to their portfolio and owner occupants seeking built in rental income. Both units have been repainted, giving each apartment a clean, move-in-ready feel. Flooring has been updated throughout, and several appliances have been replaced, adding value and appeal. Mechanically, the home has also been well cared for, with a new oil tank recently installed. Exterior work has also been completed, further reducing deferred maintenance and helping protect your investment for years to come. Whether you're an investor seeking a stabilized asset with excellent, dependable cash flow and quality tenants already in place, or an owner occupant looking to live in one unit while offsetting your mortgage with rental income from the other, 18 Eastern Ave checks every box. This is the kind of low hassle, high performing property that investors want! Located in a convenient Barre neighborhood close to local amenities, shopping, and commuter routes, this property offers both immediate income and long-term value.

Highlights

Listed by Mikail Stein , 802-861-6248 RE/MAX North Professionals , 802-655-3333.

Property Type

Multi-Family

Lot/Acreage
0.24

Year Built

1930

County

Washington

School District

Barre City School District

Listing ID

5104865

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:
Floor:Hardwood,Vinyl Plank
Above Ground Sq Ft:1782
Basement:Yes,Full,Unfinished

Exterior Features

Lot:Existing
Zoning:rez
Roof:Membrane
Sewer:Public
Parking Features:Driveway,Parking Spaces 3 - 5,Paved
Principal Interest
$622
Taxes
$496

Home Price

$279,900

Loan Details

30 yrs
%

Down Payment

20%
$55,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$622.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $622.00 $496.18 $0.00 $1,118.18
Yearly $7,464.00 $5,954.20 $0.00 $13,418.20
Total $223,920.00 $178,626.00 $0.00 $402,546.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Barre City, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.