$599,000

63 Barre Street, Montpelier, VT 05602

Active | Courtesy of: Krista Harness - Green Light Real Estate
5 Beds
2 Baths
4,137 Sq Ft

This property represents a great investment opportunity right in the heart of Montpelier! Within walking distance of all city amenities, this building is ADA accessible and completely renovated to preserve its historic character. A total rehab of the building was completed when the current owners purchased the property, which took over a year to finish and includes considerable investment into making the barn a fully furnished space with radiant heat flooring. This 4,200 square foot building is fully insulated. With thirteen parking spaces and commercial zoning, it is an ideal place for a dentist office, law firm, or company office space. All aspects of the building were renovated and brought up to code, including electrical upgrades and wiring the building for four units, plumbing for four units, hydronic heating systems, new roof, reinforced and insulated foundation and basement, new boiler, updated fire alarm and sprinkler system, new water line, new insulation, interior ramp for ADA compliance (fully removable), saving the dilapidated barn, and installing leveled plywood through most of the main house first floor by carefully screwing down to the existing original pine floor system to allow future owners the opportunity to have access to the original pine floors. For the highest value, this property could be turned into a four unit multi-family. Properties dont go on the market in this location and of this value very often, so dont miss this rare opportunity.

Property Details

  • MLS# 4891324
  • Date Listed11/19/2021
  • Days On Market 12 Days
  • Bedrooms 5
  • Bathrooms 2
  • Lot Size 13,504 SQFT
  • Sewer Public Sewer On-Site
  • Subdivision -
  • Property Type Single Family
  • County Washington
  • Year Built 1870
  • Water Public Water - On-Site
  • Square Feet 4,137 sq. ft
  • Price Per Sq. Ft $0

Interior Features

  • Appliances-
  • Flooring Wood
  • Cooling None
  • Heating Oil, Baseboard
  • Fireplaces -

Exterior / Lot Features

  • Exterior -
  • Roof Shingle
  • Lot Size Acres 0.31
  • Lot Size SQFT 13,503.60
  • Lot Features City Lot, Sidewalks
  • Zoning Urban Center 2

Directions

From Main Street turn onto Barre Street and property will be on your right.

Financial Considerations

  • Tax Amount $10,245
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

GreatSchools Rating

Source: GreatSchools


Population & Environment

Source: Sperling's Best Places


Walkability in VT / 05602

Source: Walkscore


86/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

41/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 17/100.