147 Seminary Street

Barre, VT 05641

$209,900
Price
Beds
3
Baths
1,864 Sq. Ft.
$113 / Sq. Ft.
1,864
Sq. Ft.
$113
per Sq. Ft.

Description

Are you looking for your next smart investment? You won’t want to miss this wonderful opportunity! For 20+ years, the current owners have immaculately maintained this 3-unit property, and now it’s ready for its next chapter. The first level offers two one (1) bedroom units, and upstairs is a spacious two (2) bedroom unit. Both first floor units have washer/dryer hookups, while all three units have their own dedicated boiler, oil tank, water heater, electrical panel, and both cable and fiber optic...Are you looking for your next smart investment? You won’t want to miss this wonderful opportunity! For 20+ years, the current owners have immaculately maintained this 3-unit property, and now it’s ready for its next chapter. The first level offers two one (1) bedroom units, and upstairs is a spacious two (2) bedroom unit. Both first floor units have washer/dryer hookups, while all three units have their own dedicated boiler, oil tank, water heater, electrical panel, and both cable and fiber optic entrances, making it super easy for tenants to manage their own utilities - not to mention easier to manage for the new owner! The property has been gainfully rented for years, with no shortage of tenants. With a cap rate of 8.7% the savvy investor knows this is a great deal! Along with the possibility of the owner occupying one unit and continuing to rent the others, the property can easily accommodate combining two or even all three units for a huge owner's unit or even a single-family home. You really can’t go wrong here! Please note: the property is OUTSIDE the FEMA mapped flood area and was not affected in July 2023 or any other of the recent flooding events. Showings start Thursday, May 9th!
  1. Listed by Katie Peterson • Green Light Real Estate - Barre
  2. Listed by Kate Root • Green Light Real Estate - Barre

Property Details for 147 Seminary Street

Parking
On Street, Other, Parking Spaces 1
Water View
No
Waterfront Property
No
Zoning
MU- 1

Location

Listing Courtesy of Green Light Real Estate - Barre
Add your commute
LISTING UPDATED: 05/28/2024 09:35 PM

Property Details for 147 Seminary Street

StatusUnder Contract
MLS #4994154
Days on Market13
Taxes$4,400 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.05 AC / 2,178 SF
CountyWashington County

Location

Listing Courtesy of Green Light Real Estate - Barre
Add your commute

Building Information for 147 Seminary Street

Stories2Residences3Year Built1900Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$1,512 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,146

Property Taxes

$367

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 147 Seminary Street

Summary
Location and General Information
  • Area Description: In Town, Near Shopping, Suburban, Near Hospital
  • City: Barre City
  • County: VT-Washington
  • Directions: From North Main Street, turn onto Seminary. Yellow house on the corner of Seminary and Thurston place.
  • Latitude: 44.204910158849550
  • Longitude: -72.508353597553253
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05641
Taxes and HOA Information
  • SPAN Number: 036-011-11618
  • Tax - Gross Amount: $4,400.00
  • Tax Year: 2024
  • Taxes TBD: No
School Information
  • School - High: Spaulding High School
  • School - District: Barre City School District
  • School - Elementary: Barre City Elem & Middle Sch
  • School - Middle/Jr: Barre City Elem & Middle Sch
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 2178.0
  • Lot Features: City Lot, Corner, Sidewalks
  • Lot Size Acres: 0.05
  • Square Feet Apx Finished Above Grade: 1864.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Finished BG Source: Public Records
  • Square Feet Apx Total: 2796.0
  • Square Feet Apx Total Finished: 1864.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Public Records
  • Square Feet Apx Unfinished Below Grade: 932.0
  • Square Feet Apx Unfinished BG Source: Public Records
  • Water Body Access: No
Property and Assessments
  • Current Use: No
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Stone
  • Planned Urban Developmt: No
  • PreConstruction: No
  • ROW to other Parcel: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Separate Utilities: Yes
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Color: Yellow
  • Association Amenities: Trash Removal
  • Construction Materials: Vinyl Siding
  • Features - Exterior: Porch
  • Roads: Paved, Public
  • Roof: Flat, Membrane
  • Total Ranges: 3
Interior Features
  • Appliances: Water Heater – Owned
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Dirt Floor, Full, Unfinished, Exterior Access
  • Total Full Baths: 3
  • Flooring: Hardwood, Laminate, Vinyl Plank
  • Heat Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Cooling: None
  • Total Refrigerators: 3
  • Total Rooms Above Ground: 9
  • Total Stories: 2
  • Total Water Heaters: 3
  • Trash: Cans, Owner
Multi Family
Income & Expenses Information
  • Gross Income: $30,600.00
  • Net Income: $18,240.00
  • Operating Expense Incl: Insurance, Maintenance, Other
  • Operating Expense: $12,360
Multi-Family Information
  • Total Units: 3
  • Total 1 BR Units: 2
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
  • Total Heat Units: 3
Unit Information
Unit 1
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Level Number: 1st floor
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $875.00
  • Unit 1 Tenant Pays: Electric, Heat, Hot Water, Snow Removal
Unit 2
  • Unit 2 Lease Term: Annual
  • Unit 2 Status: Leased
  • Unit 2 Level Number: split
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Rental Amount: $750.00
  • Unit 2 Tenant Pays: Electric, Heat, Hot Water, Snow Removal
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Level Number: 2nd floor
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Style: back access, parking
  • Unit 3 Rental Amount: $925.00
  • Unit 3 Tenant Pays: Electric, Heat, Hot Water, Snow Removal

Property History for 147 Seminary Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 147 Seminary Street

Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - 5 to 12
Private - K to 12
Rating
School
Distance
Barre City Elementary/Middle School
PublicPK to 8

Spaulding Uhsd #41
Public9 to 12

Choice Academy
Private5 to 12

Central Vermont Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Light Real Estate - Barre

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 05/29/2024 08:28 AM