$279,900

House for sale Barre
Property photo number 1 of 16 Photos for Property. File  105258806_29_aabaede227442892552e6a7a8c4f3097.jpeg

Overview

SUMMARY: Discover an opportunity with this Barre house for sale and available for $279,900. This could be your next ideal home or a smart investment. More details await.
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.
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Details

  • Beds: 4
  • Baths: 2
  • Price: $279,900
  • Area: 1,782 sqft

Location

Marketed by:

  • Listing Manager
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Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


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