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Offered at $225,000Active
beds
5
baths
2
sq ft
2,548
Built
1889

31 Granite Street

Barre City, VT 05641

Residential Income · Active · MLS #5072850
Listing Courtesy of Leslie Drown Real Estate LLC | Leslie Drown

The home

About this home

This is not just a duplex; this is a Cash Flow property! This is one of the most affordable ways to own a cash-flowing duplex in Central Vermont, with major flood mitigation already done for you. Key Updates and Features include, New Roof (2020): The property features a new roof installed in 2020 with a standard guarantee on shingles, ensuring long-term durability and protection against the elements. New Windows (2022): All living spaces in both the upstairs and downstairs units have new windows installed in 2022, providing improved energy efficiency, natural light, and modern aesthetics. Flood Resistant Utility Room & Mechanical Upgrades (2023): In response to the 2023 flood, the utility room was added above flood stage. Significant upgrades include new electrical panels, a new furnace boiler, and a new hot water heater for the upstairs apartment is now conveniently located in the utility room for added safety and accessibility. Downstairs Apartment Renovations (2023): Kitchen: New cupboards, stove, and dishwasher installed in 2023 for a modern cooking experience. Laundry: Washer and dryer included; the washer is brand new, while the dryer is secondhand. Bedrooms: Two bedrooms with closets offer ample storage, plus one large room currently used as a bedroom (without a closet). Upstairs Apartment Improvements: Newly installed shower in 2023 for added comfort. Seller has gotten a flood estimate! An owner-occupied duplex will run, on average, approximately $1,200/year. If the duplex is purely an investment property and will be fully rented, rates are a bit higher, estimating around $1,600-$1,800/year range.

Property information

Details at a glance

Interior3 property facts
Heating
Propane
Cooling
None
Flooring
Vinyl, Wood
Building3 property facts
Style
Multi Family
Year built
1889
Roof
Shingle
Land & utilities4 property facts
Lot size
0.11 acres
Water
Public
Sewer
Public Sewer
Zoning
Mixed Use
Financial2 property facts
Annual taxes
$6,127
Assessment year
2025

Plan your purchase

Estimated monthly cost

Explore costs at the $225,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,648 / monthAdjust
Principal & interest
$1,138
Property tax
$511
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $6,127. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

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Price & market context

See how this home compares with active listings in Barre City.

This home compared with active listings in Barre City
MetricThis homeLocal listings
List price$225,000$250,00010% below local
Price / sq ft$88$11020% below local
Days on market20948335% above local

Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

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About 31 Granite Street

Can I request a private showing?

Request a tour of 31 Granite Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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