54 Mill Street, Barre, VT 05641
Property image
Property image
FOR SALE
3D VIEW
1.62 ACRES

54 Mill Street
Barre, VT 05641

  • Studio
  • 11 Baths
  • 7,340 sqft (on 1.62 acres)

$1,550,000

Est. Mortgage $10,328/mo*

$1,550,000

Est. Mortgage $10,328/mo*
Studio
11 Baths
7,340 sqft
(on 1.62 acres)

Home Highlights

Parking
Garage
Price/Sqft
$211
Climate Control
Oil Heating
Listed
3 days ago

Local Information

  • Map ViewExplore the area around 54 Mill Street.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination
Last check for updates: about 10 hours ago
Listing courtesy of Mikail Stein
RE/MAX North Professionals, (802) 655-3333
Source: PrimeMLS, MLS#5106066
Also Listed on PrimeMLS.

About this House

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 6.5% 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.

Home Details for 54 Mill Street

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Concrete Floor,Full,Partially Finished,Storage Space,Unfinished,Interior Access,Exterior Entry,Walk-Out Access
Beds & Baths
Number of Bathrooms (full): 11
Dimensions and Layout
Living Area: 7340 Square Feet
Appliances & Utilities
Utilities: Other
Heating & Cooling
Heating: Oil,BoilerNo CoolingAir Conditioning: NoneHas HeatingHeating Fuel: Oil
Gas & Electric
Electric: Circuit Breakers
Levels, Entrance, & Accessibility
Number of Stories: 2Levels: Two
View
No View

Exterior Features

Exterior Home Features
Roof: Membrane ShingleFoundation: Concrete
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageParking Spaces: 2Parking: Shared Driveway,Paved,Garage,Off Street,On Site,Parking Spaces 11 - 20,Unassigned
Frontage
Road Frontage: None, Public
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 7340 Square Feet

Days on Market

Days on Market: 3

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyStructure Type: Multi FamilyArchitecture: Multi Family
Building
Construction Materials: Wood Frame, Vinyl SidingNot a New Construction
Property Information
Not Included in Sale: riding mower in shed is negotiable.

Price & Status

Price
List Price: $1,550,000Price Per Sqft: $211
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: Barre City
School Information
Elementary School: Barre City Elem & Middle SchElementary School District: Barre Unified Union School DistrictJr High / Middle School: Barre City Elem & Middle SchJr High / Middle School District: Barre Unified Union School DistrictHigh School: Spaulding High SchoolHigh School District: Barre Unified Union School District

Agent Information

Listing Agent
Listing ID: 5106066

Building

Building Area
Building Area: 10312 Square Feet

Lot Information

Lot Area: 1.62 Acres

Offer

Listing Terms: Cash, Other, Private

Miscellaneous

BasementMls Number: 5106066Above Grade Unfinished Area: 7340Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area: 2972Below Grade Unfinished Area Source: AssessorBelow Grade Unfinished Area Units: Square Feet

What Locals Say about Barre

At least 53 Trulia users voted on each feature.
  • 81 % Say it's dog friendly

  • 78 % Say parking is easy

  • 77 % Say car is needed

  • 75 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 68 % Say there's wildlife

  • 61 % Say kids play outside

  • 59 % Say it's walkable to restaurants

  • 59 % Say neighbors are friendly

  • 52 % Say there are sidewalks

  • 45 % Say it's quiet

  • 43 % Say people would walk alone at night

  • 43 % Say streets are well-lit

  • 38 % Say it's walkable to grocery stores

  • 38 % Say they plan to stay for at least 5 years

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Kayden Goodrich
    "Lack of fenced yards, noisy barking dogs in town, lose dogs, irresponsible owners. We probably won’t stay living in this area long"
  • Kayden Goodrich
    "You absolutely need to own a car while living in this area. While things are relatively close I would not walk to shopping or work. "
  • George Mackinnon
    "I moved here 3 years ago and there are a lot of good neighbors. There is good sking nearby, good mountain biking, close to Burlington, good fly fishing and good restaurants "
  • Sarah Rose
    "I don’t know. I’m sure they would like it. Barre seems to be a dog friendly place. Dog ownership is the least of your worries in Barre. The city is literally crumbling. "
  • Nola.j.ricci
    "Annual weekend city-wide festival. Limited entertainment and food, but worthwhile nonetheless. Very small weekly farmers market. "
  • Nola.j.ricci
    "Low to no traffic. Close to highway. Roads are regularly maintained. Easy commute. Close to other small cities. "
  • Nola.j.ricci
    "More families are moving to the area. The city has lots of family friendly events. Close to Montpelier and Burlington "
  • Paulm083
    "Main town is very accessible by foot or bike. Beautiful 19th century homes built like tanks. Not a ton to do, but a very easy going vibe. "
  • Sandra M.
    "Currier Park holds many different events. Both family friendly and for adult enjoyment such as concerts and drinks. "
  • Rick b.
    "Not enough sidewalks! Only the main roads seem to have sidewalks. Can be dangerous when having to walk in the road."
  • Adrianwestrope
    "The surrounding neighborhood is friendly, for the most part quiet and dog friendly. You are able to interact with others or keep yourself to yourself. We have a good community spirit and watch out for others."
  • Kathy S.
    "This town is a very high crime area that is why I moved out of state but do still come back for visits "
  • Catherine F.
    "Small friendly neighborhood of people who all look out for each other. Nice houses, good school, and more!!"
  • Galee
    "Family friendly area with many transplanted young families bringing joy, ideas, and new life to the area.Retirees who've lived here for ages enjoy sharing historical information. Beautiful neighborhood with well maintained homes and gardens. Downtown looks amazing with makeovers to the old buildings and new buildings bringing jobs and new opportunities to Barre. Some new restaurants and stores recently opened and there are opportunities for other businesses to grow, open, thrive."
  • Renee
    "5 minute walk to downtown, extremely convenient to all amenities."
  • nella3868
    "Very convenient to Barre and Montpelier. School bus stop in front of house. Fenced lot for privacy."
  • Jen74
    "The home is only 10 years old, we are non-smokers and my back yard abuts a radio station. It is fully wooded and will never be developed. Also, neither of my neighbors are junky and the only foot traffic are the kids riding their bikes and neighbors walking their dogs. "

Market trends in Barre

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
70
11
MoM

Home Value

Trulia Estimate
$944K
Since last month
Increased$586K (+62.7%)
Since last year
Increased$513K (+51%)
Since last sale
Increased$220K (+16.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +354% in the last 10 years
MonthEstimated value
2026
August 2026$1.52M
July 2026$934K
June 2026$883K
May 2026$1.01M
April 2026$981K
March 2026$928K
February 2026$853K
January 2026$951K
2025
2024
2023
2022
2020
2019
2018

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.48
Multi-Family Home
$640,000
08/28/25
12
11
6,216
0.67
Multi-Family Home
$330,000
08/07/26
5
4
6,098
0.48
Multi-Family Home
$345,000
07/17/26
4
4
2,510
0.37
Multi-Family Home
$285,000
05/04/26
-
3,040
0.70
Multi-Family Home
$210,000
06/16/26
9
4
3,426
0.66
Multi-Family Home
$189,000
03/06/26
4
2
1,801
0.88
Multi-Family Home
$230,000
04/08/26
6
3
3,088

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$55,500
2
1
854
Off Market
0.09
$296,300
3
1
1,620
Off Market
0.12
$117,000
3
1
1,292
For Sale
0.15
$327,200
3
1.5
1,880
Off Market
0.18
$350,000
3
2
2,132
Recently Sold
0.23
$190,600
2
1
864
Off Market
0.19
$495,000
3
2
1,575
For Sale
0.21
$455,700
3
1.5
1,996
Off Market
0.22
$235,000
2
1
969
Recently Sold
0.24
$285,000
3
2
1,080
For Sale
0.28
-
-
-
-
Off Market

Price and Tax history

DateEventPrice
Aug 21, 2026
Source: PrimeMLS #5106066
Listed For Sale
$1,550,000
Jul 28, 2023
Source: PrimeMLS #4963672
Sold
$1,300,000
Oct 10, 2021
Source: William Raveis Real Estate, Mortgage & Insurance
ListingRemoved
Oct 1, 2021
Source: William Raveis Real Estate, Mortgage & Insurance #4885168
Listed For Sale
$900,000
Oct 1, 2021
Source: PrimeMLS #4885168
ListingRemoved
$900,000

LGBTQ Local Legal Protections

Mikail Stein, RE/MAX North Professionals, (802) 655-3333
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2026-08-24 05:18:53 PDT.
This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information.

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Frequently asked questions about 54 Mill Street

  • What is the estimated monthly payment for 54 Mill Street?
    Based on a $1,550,000 list price with 20% down at today's rates, the estimated monthly payment for 54 Mill Street in Barre, VT is approximately $10,595 (about $8,105 principal & interest, $2,415 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Barre?
    Residents describe Barre, VT as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Barre, VT.
  • What are the closest schools to 54 Mill Street?
    The closest schools to 54 Mill Street in Barre, VT are Barre City Elementary/Middle School (Pre-K, rated 5/10), Spaulding Uhsd #41 (High, rated 5/10).
  • What is 54 Mill Street estimated to be worth?
    Trulia's estimated value for 54 Mill Street in Barre, VT is $944,300.
  • Is there a virtual tour of 54 Mill Street?
    Yes, a virtual tour of 54 Mill Street in Barre, VT is available.
54 Mill Street, Barre, VT 05641 is a studio, 7,340 sqft multi-family built in 1880. This property is currently available for sale and was listed by PrimeMLS on Aug 21, 2026. The MLS # for this home is MLS# 5106066.