About This Home
This 2-bedroom, 1-bathroom residential multi family at 83 Merchant Street in Barre, VT is listed for $125,000 ($110 per sqft). Built in 1891, the home offers 1,134 sqft of living space on a 0.32 acres lot.
Key Features
- Built in 1891
- 0.32 acre lot
- 2 stories
Property Details
Investors, take note: Here is a great opportunity to buy low and get instant cash flow. This property needs some TLC but has a solid heating system (Buderus Boiler) and oil tank, separate water heaters, tenants pay electricity, and there is an excellent rental history.
Currently, there is one tenant upstairs in "Unit 2" who has been there several years, and "Unit 1" is slated to be vacant by 8/1/26. This vacancy allows for owner occupancy, or for the new owner to set his or her own terms as far as how the next lease agreement will work. "The best time to buy real estate was yesterday. The second best time is today." Here's your chance to add to or to start your Real Estate portfolio!
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
83 Merchant Street
Barre, VT 05641
Property Details
Construction
Heating
Questions & Answers
This 2-bedroom, 1-bathroom residential multi family at 83 Merchant Street is listed at $125,000 ($110/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1891, 0.32 acre lot, 2 stories.
This property is listed by Amy Bedor and can be reached at (802) 748-8169.