# 54 Mill Street, Barre, VT 05641

> **TL;DR:** residential multi family, $1,550,000 ($211/sqft), built 1880, 7,340 sqft.
> 2-car garage. Est. $8,290/mo. Listed 67 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,550,000 |
| Price/sqft | $211 |
| Square Feet | 7,340 |
| Year Built | 1880 |
| Lot Size | 70,567 sqft (1.62 acres) |
| Stories | 2 |
| Garage | 2-car |
| Property Type | Residential Multi Family (Other) |
| Status | Active |
| Days on Market | 67 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,838 |
| Estimated Insurance | $452 |
| **Total** | **$8,290** |

## Nearby Schools

- **Elementary:** Barre City Elem & Middle Sch
- **Middle:** Barre City Elem & Middle Sch
- **High:** Spaulding High School

## Key Amenities

- 2-car garage

## Property Highlights

- Built in 1880
- 1.62 acre lot
- 2 stories

## Description

### Agent Description
Turnkey Multi Family Investment Opportunity in Central Vermont at 54,56, 58, and Lot 1 Mill Street, Barre City, VT. Boasting more than 7300 finished sqft at roughly $210/sqft, 13 bedrooms and 11 baths, this is a great opportunity! Rare chance to own a well maintained, income producing property in the heart of Central Vermont. Situated on 1.62 acres at the end of Mill Street, this unique offering includes two single family homes, a 9 unit apartment building, and an included empty lot, an ideal turnkey investment for an owner operator or investor alike. One single family home was built as recently as 2003, with a 2 car garage and storage above. An additional shed with electricity offers convenient space for property maintenance tools. Several apartment units have been recently renovated with new flooring and fresh paint, adding to the property's turnkey appeal and rental value. The included empty lot offers exciting potential to add another building and generate further income. Located at the end of Mill Street, the parcel abuts walking paths, and the beautiful Stevens Branch waterway (no flooding has affected the property in the last few local floods) with plenty of parking and yard space. All units are currently rented, reflecting excellent rental history and steady cash flow. The property operates at a 6.7% cap rate and grosses over $150,000 per year. Bringing rents to market rates could add roughly $26,000 in gross income, pushing the cap rate to nearly 8.2%, offering strong upside for investors. Conveniently located near shopping, restaurants, and easy access to I 89, this is a rare chance to acquire a stable, cash flowing multi family asset in a highly desirable Central Vermont location.

## Location

- **Address:** 54 Mill Street, Barre, VT 05641
- **County:** VT-Washington
- **Coordinates:** 44.18559584, -72.50127345
- **Google Maps:** https://www.google.com/maps?q=44.18559584,-72.50127345

## Virtual Tour & Media

- **Video Tour:** https://unbranded.youriguide.com/54_58_mill_st_barre_vt/

## Listing Agent

- **Name:** Mikail Stein
- **Brokerage:** RE/MAX North Professionals
- **Broker Phone:** (802) 655-3333
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5641-54_Mill-Saint_VT_M43340-84733?f=listhub&s=NNERENNH&m=5106066&c=propsimple)

## Photos

![54 Mill Street - Photo 1](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f2214949501r.jpg)

![54 Mill Street - Photo 2](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f380520652r.jpg)

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![54 Mill Street - Photo 35](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3587539836r.jpg)

![54 Mill Street - Photo 36](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f2437094847r.jpg)

![54 Mill Street - Photo 37](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f55065600r.jpg)

![54 Mill Street - Photo 38](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f1119303952r.jpg)

![54 Mill Street - Photo 39](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f303861461r.jpg)

![54 Mill Street - Photo 40](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3473499207r.jpg)

![54 Mill Street - Photo 41](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f635332030r.jpg)

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![54 Mill Street - Photo 46](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3013659146r.jpg)

![54 Mill Street - Photo 47](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f1026746694r.jpg)

![54 Mill Street - Photo 48](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f873533085r.jpg)

![54 Mill Street - Photo 49](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3398261614r.jpg)

![54 Mill Street - Photo 50](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f514483776r.jpg)

![54 Mill Street - Photo 51](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f1635975055r.jpg)

![54 Mill Street - Photo 52](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3105956412r.jpg)

![54 Mill Street - Photo 53](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3944170948r.jpg)

![54 Mill Street - Photo 54](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f2532698068r.jpg)

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![54 Mill Street - Photo 57](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f3960149435r.jpg)

![54 Mill Street - Photo 58](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f1974258679r.jpg)

![54 Mill Street - Photo 59](http://lh.rdcpix.com/ca2b8d1d7c6705f6e1062915c6325e94l-f1023859149r.jpg)

---

**MLS#:** 5106066 | **Updated:** 2026-10-23
**Source:** listhub

*Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/54-mill-street-barre-vt-05641-89c0445ec8644ceeb44b1ce86a808ae5)

---

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