125 Grove StreetRutland City, VT 05701MLS Number 4614438

  • Price: $220,000
  • Est. Mortgage of $/month
  • 194 Days on Market
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Federal 30-year interest rate: 4.03% last updated on Apr 27, 2017
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 0.33Acreage
  • 4Bathroom
  • 1876Year Built
  • 5166Square Feet

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Unique to the area is this four unit property that offers very spacious updated units. This building was featured in the Rutland Historical Society when it was relocated to make room for Montgomery Wards in 1929. This is one great investment with a cap rate of 19 percent! The configuration of this dwelling consists of one apartment on the entire first floor, one apartment on the entire second floor, leaving the third floor with two nicely appointed two bedroom apartments. Nice wood floors w. original woodwork and window alcoves. All 4 units were recently renovated and have separate utilities. Apartment one is fully furnished and has recently been rented through Airbnb. Option to purchase furnishings in apartment one would include 2 beds, 1 set of bunk beds, a couch, 2 chaises, barstools, and kitchen table and chairs. Great off street parking. Seller will provide clean certificate of occupancy prior to closing.

Listed by Lauren Hughes of Century 21 Premiere Properties

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More Info

Basic Information

  • # of 2 Bedrooms3
  • # of 3 Bedrooms1
  • StatusACT
  • Units4

Building

  • Bathroom4
  • Total Baths4
  • Year Built1876
  • Water HeaterDomestic
  • BasementUnfinished
  • FloorsCarpet, Ceramic Tile, Hardwood
  • StyleMulti-Family
  • Unit 1 Bath2
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location1
  • Unit 2 Bath2
  • Unit 2 Bedrooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms2

Basic Information

  • Date Listed01/13/2017
  • List Price$220,000
  • MLS Number4614438
  • Seasonal Y/NNo

Property

  • ZoningMR
  • Road Frontage150
  • Acreage0.33
  • APX Fin AG Sqft5166
  • FoundationBrick, Concrete
  • Heat FuelOil
  • Property TypeMulti-Family
  • RoadsPublic
  • Square Feet5166

Amenities

  • Exterior AmenitiesPorch - Covered
  • Parking Spaces0

Other

  • Broker NameCentury 21 Premiere Properties
  • Agent NameHughes
  • Operating ExpensesGarbage, Insurance, Snow Removal, Water/Sewer
  • bloggingNo
  • Page34
  • Book649
  • Number of Photos35
  • View Count9

Location

  • StreetGrove Street
  • Building Number125
  • TownRutland City
  • Zip05701
  • CountyRutland
  • Flood Zone Y/NUnknown
  • Lot DescriptionCity Lot, Corner
  • StateVT

Exterior

  • ExteriorAluminum
  • RoofMembrane, Slate

Utilities

  • Electric100 Amp
  • WaterPublic
  • Heat SystemBaseboard, Hot Water
  • SewerPublic
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2017 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice. This web site is updated daily.

 

 

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