Cash-Flow Duplex with Flood
For Sale
$225,000
31 Granite Street, Barre, VT 05641
Affordable Central Vermont duplex with recent upgrades and flood mitigation.
Property Size2,548 SF
Price / SF$88.30
Days on Market300
Property Features for 31 Granite Street
General Information
Standard status
Active
Size
2,548 SF
Property subtype
Multi-Family
Zoning
Mixed Use
Taxes and HOA fees
Annual Taxes
$6,127
Building Details
Year Built
1889
Stories
2
Listing Agency:
Leslie Drown Real Estate LLC
Listed By:
Leslie Drown
(802) 279-2782
Source:
Churchillprop
Added: Jan 1
Changed: Oct 25
Last Checked: Oct 28 at 5:54AM
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 Leslie Drown Real Estate LLC
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Investment Insights
Based on property information with market context.
This duplex represents a cash-flowing investment opportunity in Central Vermont. The property has undergone major flood mitigation. A new roof was installed in 2020, accompanied by a standard guarantee on the shingles. New windows were installed in all living spaces of both the upstairs and downstairs units in 2022, enhancing energy efficiency and natural light. In response to the 2023 flood, a utility room was added above flood stage, incorporating new electrical panels, a new furnace boiler, and a new hot water heater for the upstairs apartment. The downstairs apartment renovations in 2023 included new cupboards, stove, and dishwasher in the kitchen. A washer and dryer are included, with a new washer and a secondhand dryer. The downstairs unit features two bedrooms with closets, plus one large room currently used as a bedroom without a closet. The upstairs apartment received a newly installed shower in 2023. The property has a bike score of 35, indicating it is somewhat bikeable, and a walk score of 70, indicating it is very walkable.
Key Highlights
- Cash‑flowing duplex in Central Vermont at an affordable price point.
- Major flood mitigation completed, including a flood‑resistant utility room with new electrical panels, furnace boiler, and hot water heater (2023).
- New roof (2020) with a standard guarantee on shingles.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
829
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Affordable Central Vermont duplex with recent upgrades and flood mitigation.
Where is this duplex located?
The property is located at 31 Granite Street Barre, VT.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Cash‑flowing duplex in Central Vermont at an affordable price point.; Major flood mitigation completed, including a flood‑resistant utility room with new electrical panels, furnace boiler, and hot water heater (2023).; New roof (2020) with a standard guarantee on shingles.
