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Ashley Gile

ashley@ashleygile.com +1(603) 851-7452

Listed By Mikail Stein RE/MAX North Professionals

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18 Eastern AVE Barre City, VT 05641

4 Beds

2 Baths

1,782 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,782 sqft

MLS Listing ID 5104865

Style Duplex,Multi-Family

Bedrooms 4

Full Baths 2

Construction Status Existing

Year Built 1930

Annual Tax Amount $5,954

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property 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.

Location

State VT

County Vt-washington

Area Vt-Washington

Zoning rez

Rooms

Basement Full, Unfinished

Interior

Heating Oil, Hot Water, Boiler

Cooling None

Flooring Hardwood, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 1.0

Utilities Available Other

Roof Type Membrane

Building

Lot Description Sidewalks, In Town, Near Shopping, Near Public Transport

Story 2

Sewer Public

Water Public

Architectural Style Duplex, Multi-Family

Construction Status Existing

Schools

Elementary Schools Barre City Elem & Middle Sch

Middle Schools Barre City Elem & Middle Sch

High Schools Spaulding High School

School District Barre City School District

Others

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Ashley Gile

Agent

+1(603) 851-7452

Ashley Gile

18 Eastern AVE Barre City, VT 05641

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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18 Eastern AVE

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