60 Chestnut AvenueRutland City, VT 05701MLS Number 4816732

  • Price: $159,000
  • Est. Mortgage of $/month
  • 69 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
60 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 0570160 Chestnut Avenue Rutland City VT 05701
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  • 0.14Acreage
  • 1884Year Built
  • 3,933Square Feet
  • PendingMLS Status

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Listed by Mike Kalil of Watson Realty & Associates, PLC
4 Family Victorian home with a 5th unit ready to be added on the third floor with a little work, a 3 bedroom unit with over 2000 Square Feet on 3 floors makes this a perfect owner occupy unit, the property has been in the same ownership for over 40 years, many updates have been done over the years, all separate heating systems and hot water, tenants pay their most of the utilities, Property has Great rental history, some of the tenants have been residing there for 15 and 20 years, rents are well bellow the market value, owner just didn't increase rents, at the current income the Cap Rate is over 8% , with rents at market value the Cap Rate is over 12%.

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More Info

Basic Information

  • StatusPEN
  • Property TypeMulti-Family
  • List Price$159,000
  • MLS Number4816732
  • MLS StatusPending

Property

  • Acreage0.14
  • Parking Spaces
  • Square Feet3,933
  • APX Fin AG Sqft3,933
  • Road Frontage80
  • RoadsPublic
  • Lot DescriptionCity Lot

Other

  • Taxes$6,339
  • Seasonal Y/NNo
  • Unit 1 Deposit$575
  • Unit 2 Rent Amount$550
  • Unit 3 Rent Amount$750
  • Unit 4 Rent amount$475
  • View Count9

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningResidential
  • Flood Zone Y/NNo

Exterior

  • ExteriorWood
  • RoofSlate

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Forced Air
  • WaterPublic
  • Water HeaterElectric, Rented
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1884
  • Building ConstructionWood Frame
  • StyleMulti-Family, Victorian
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms5
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 Total Rooms4
  • Unit 3 Bedrooms3
  • Unit 3 Total Rooms6
  • Unit 4 Bath1
  • Unit 4 Total Rooms4
  • # of 1 Bedrooms2
  • # of 2 Bedrooms1
  • # of 3 Bedrooms1
  • BasementUnfinished
  • FoundationBrick, Fieldstone
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2020 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. 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 September 21, 2020.

 

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