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$694,500   Price Analysis
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121 Hill St
Barre, VT 05641
Unknown bed 10 bath 5,228 SqFt ($132/SqFt)
0.56 acre lot. Built 1905
Listed 2024-04-04, Taxes $11,467
USDA Eligible
near Barre, VT
 Restrictions may apply
due to home size

Cherished landmark investment property with 10 residential rental units on a big level lot with ample parking and 10 garages plus a large yard.

This prperty has one 2-bedroom unit, eight 1-bedroom units and one studio. An on-site coin-operated laundry is most convenient. Very well maintained.

Exterior was recently painted and the parking area was recently paved in 2022. Room to grow the rent roll and has potential to create additional units on site. Solid value. Showings begin on Tuesday, 4/9.


Presented by TIMOTHY HENEY at
Heney Realtors - Element Real Estate (Montpelier).
Listing Agent Photo

Property MLS #4990253 from PrimeMLS

Water Heater Electric
Water Heater Separate

Total Ranges: 10
Total Refrigerators: 10

Full Bathrooms: 10

Heating Features: Forced Air, Hot Air
Heating Fuel: Electric, Oil

Flooring: Carpet, Vinyl

Basement Description: Basement Description: Concrete, Concrete Floor, Other, Unfinished, Walkout, Basement: Yes

Porch - Covered
Windows - Storm
Roads: Paved, Public

Driveway: Paved
Garage Spaces: 10
Garage Features: Garage: Yes
Parking Features: Parking: Detached, Parking Spaces 11 - 20, Paved

Lot Size Acres: 0.5600092
Lot Size Square Feet: 24394

Elementary School: Barre City Elem & Middle Sch
High School: Spaulding High School
Middle School: Barre City Elem & Middle Sch
School District: Barre Unified Union School District

Spaulding Uhsd #41 is a public high school located approximately 0.3 miles away.
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Barre City Elementary/Middle School is a public elementary and middle school located approximately 0.8 miles away.
directions icon Map directions

Choice Academy is a private elementary, middle and high school located approximately 0.6 miles away.
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Number of Units: 10
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Bedrooms in Unit-7: 1
Bedrooms in Unit-8: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Total Bathrooms in Unit-7: 1
Total Bathrooms in Unit-8: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 4
Total Rooms in Unit-4: 3
Total Rooms in Unit-5: 3
Total Rooms in Unit-6: 3
Total Rooms in Unit-7: 3
Total Rooms in Unit-8: 3
Unit-1 Square Feet: 390
Unit-2 Square Feet: 790
Unit-3 Square Feet: 850
Unit-4 Square Feet: 370
Unit-5 Square Feet: 428
Unit-6 Square Feet: 608
Unit-7 Square Feet: 390
Unit-8 Square Feet: 390
Unit 1 Total Actual Rent: 725
Unit 2 Total Actual Rent: 810
Unit 3 Total Actual Rent: 875
Unit 4 Total Actual Rent: 735
Unit 5 Total Actual Rent: 735
Unit 6 Total Actual Rent: 760
Unit 7 Total Actual Rent: 735
Unit 8 Total Actual Rent: 700

Annual Tax Amount: 11845.44
Source Listing Status: Active
County: VT-Washington
Directions: North Main Street to Washington Street (US Route 302), left on Hill Street. Building is on right at corner of Charles Street.
Tax Year: 2023
Source Property Type: Multi-Family
Number of Separate Electric Meters: 10
Property Location: Near Shopping, Neighborhood
Zoning: Res8
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$269,200 + $42,900
$312,100
$11,467
2020$269,200 + $42,900
$312,100
$11,319
2019$269,200 + $42,900
$312,100
$10,950
2018$269,200 + $42,900
$312,100
$10,621
2017$269,200 + $42,900
$312,100
$10,353
2016$269,200 + $42,900
$312,100
$10,231
2015$262,880 + $42,940
$305,820
$unknown
2015$262,880 + $42,940
$305,820
$9,846
2014$262,880 + $42,940
$305,820
$unknown
2012$262,880 + $42,940
$305,820
$9,259
2011$262,880 + $42,940
$305,820
$9,233

Listed 2024-04-04
$694,500
PrimeMLS

Net Operating Income: 79445

Total Square Feet Living: 5228
Year Built: 1905
Above Grade Finished Area: 4804
BelowGradeFinishedArea: 424
Below Grade Unfinished Area: 1320
Construction Materials: Wood Frame, Clapboard Exterior, T1-11 Exterior
Foundation Details: Concrete, Stone
Property Age: 119
Property Condition: Existing
Roof: Corrugated, Metal, Standing Seam
Levels or Stories: 2.5
Total Area Sqft: 6548
Architectural Style: Apartment Building, Walkout Lower Level

Electric: Circuit Breaker(s)
Sewer: Metered, Public
Cable - Available, Telephone Available
Electric Company: GMP
Fuel Company: Gillespie
Water Source: Metered, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.