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Renovated Duplex with Rental Income

18 Eastern Avenue Barre, Barre, VT 05641

For Sale
$279,900

Updated two-unit property with separate apartments and on-site driveway parking.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market91

Property Features for 18 Eastern Avenue Barre

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Multi-Family

Additional Details

Cap Rate 8.29%
Multifamily Units 2

Amenities

Oil
Hot Water
Boiler
Water Heater
Membrane

Building Details

Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX North Professionals
Listed By: Mikail Stein
Source: Kw
Added: Aug 15 Changed: Nov 12 Last Checked: Nov 12 at 12:41PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX North Professionals

Rey
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Investment Insights

Based on property information with market context.

Located at 18 Eastern Avenue in Barre, this duplex was built in 1930 and contains four bedrooms and two baths across two apartments. The property occupies 1/4 of an acre and includes ample driveway parking. Both units have been repainted, with updated flooring and several replaced appliances. A recently installed oil tank and completed exterior work further support the property's maintained condition.

The duplex is currently leased to two tenants and reports an 8.29% CAP rate. Its location provides access to local amenities, shopping, and commuter routes. Interior systems include oil heat, hot water, a boiler, and a water heater, while the exterior features a membrane roof.

Key Highlights

  • Duplex with 4 total bedrooms and 2 baths
  • 8.29% CAP rate with two tenants in place
  • Situated on 1/4 of an acre with ample driveway parking

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

772
Businesses Nearby

Demographics for 05641, VT

16,709
Population
8,053
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
67.1 sq mi
ZIP Area
249
Density / Sq Mi
$70,019
Median Household Income
$46,726
Median Earnings
$1,024
Median Rent
$241,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Barre, VT

$115 Jul
$128 Aug
$136 Sep
$127 Oct

Properties on Market for Duplexes in Barre

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with separate apartments and on-site driveway parking.
Where is this duplex located?
The property is located at 18 Eastern Avenue Barre Barre, VT.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Duplex with 4 total bedrooms and 2 baths; 8.29% CAP rate with two tenants in place; Situated on 1/4 of an acre with ample driveway parking
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