List Price: $279,900 | $157 per sq.ft. Multi Family A 2 Unit Multi Family Home
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Aug 13, 2026 | MLS# 5104865
With 0 One Bedroom Units , 2 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Thursday Aug 13, 2026 | MLS# 5104865
To see this Listing
Address: 18 Eastern Avenue Barre City VT
Listed by Mikail Stein RE/MAX North Professionals
Description:
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. Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses
Taxes: $5,954
Taxes: $5,954
Income
Gross Income | $38,400
NetIncome | $23,471
Gross Income | $38,400
NetIncome | $23,471
Appliances : Water Heater
UNIT 1 INFORMATION
Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 867
Level: 1
Info : Dishwasher,Dryer,Heat Included,Porch,Refrigerator,Washer
Tenant Pays : Electric,Insurance,Internet Service
Rent : 1650.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 2
Baths: 1
Rooms: 4
Sq.Ft.: 867
Level: 2
Info : Dryer,Heat Included,Porch,Electric Range,Washer
Tenant Pays : Electric,Internet Service
Rent : 1550.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Construction: Vinyl Siding
Year Built: 1930
Style: Duplex | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2649
Above Grade Sq.Ft.: 1782
Basement: Full | Unfinished
Year Built: 1930
Style: Duplex | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 2649
Above Grade Sq.Ft.: 1782
Basement: Full | Unfinished
Exterior Color: yellow
Roof: Membrane
Seasonal: No
Roof: Membrane
Seasonal: No
Heating: Oil | Hot Water | Boiler
Cooling: None
Electric: Circuit Breaker(s)
Trash: Cans
Utilities: Other
Electric Meters: 2
Water: Public
Sewer: Public
Cooling: None
Electric: Circuit Breaker(s)
Trash: Cans
Utilities: Other
Electric Meters: 2
Water: Public
Sewer: Public
Land Information
Sidewalks | In Town | Near Shopping | Near Public Transport
Lot size: 0.24 acres
Zoned: rez)
Surveyed: Unk
Flood Zone: No
Driveway: Concrete
Sidewalks | In Town | Near Shopping | Near Public Transport
Lot size: 0.24 acres
Zoned: rez)
Surveyed: Unk
Flood Zone: No
Driveway: Concrete
Additional Information
Easement - Unknown
Taxes $5,954
Assesed Value Not Reported
Easement - Unknown
Taxes $5,954
Assesed Value Not Reported
Schools
School District: Barre City School District
Elementary School: Barre City Elem & Middle Sch
Middle School: Barre City Elem & Middle Sch
High School: Spaulding High School
School District: Barre City School District
Elementary School: Barre City Elem & Middle Sch
Middle School: Barre City Elem & Middle Sch
High School: Spaulding High School
