About This Home

This 4-bedroom, 2-bathroom residential multi family at 18 Eastern Avenue in Barre, VT is listed for $279,900 ($157 per sqft). Built in 1930, the home offers 1,782 sqft of living space on a 0.24 acres lot.

Key Features

  • Built in 1930
  • 0.24 acre lot
  • 2 stories

Property Details

2 stories
2 full
1-car garage
1930

Amenities

Hardwood
Listing 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.

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

18 Eastern Avenue

Barre, VT 05641

Property Details

Flooring

HardwoodVinyl

Construction

Vinyl Siding

Parking

Driveway

Heating

Hot Water(Heating)Oil

Appliances

Water Heater

Questions & Answers

This 4-bedroom, 2-bathroom residential multi family at 18 Eastern Avenue is listed at $279,900 ($157/sqft). The estimated monthly payment is $1,497 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.24 acre lot, 2 stories.

This property is listed by Mikail Stein and can be reached at (802) 655-3333.

MS

Mikail Stein

Agent at RE/MAX North Professionals

(802) 655-3333
Agent website

Listed by RE/MAX North Professionals · Broker phone: (802) 655-3333 · View on Broker Site · Broker website

MLS# 5104865· Source: PrimeMLS· 71 days on PropertySimple

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18 Eastern Avenue, Barre, VT 05641

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