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Cash-Flow Duplex with Flood Mitigation
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 Market247

Property Features for 31 Granite Street

General Information

Standard status Active
Size 2,548 SF
Property subtype Multi-Family
Zoning Mixed Use

Building Details

Year Built 1889
Stories 2
Listing Agency: Herion Karbunara
Listed By: Chris Bernier
Source: Churchillprop
Added: Jan 1 Changed: Sep 4 Last Checked: Sep 5 at 4:12AM

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 Herion Karbunara

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

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Pharmacy Storage Facility Restaurant Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

829
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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.
More about this property
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