86 River StreetRutland City, VT 05701MLS Number 4831774

  • Price: $149,900
  • Est. Mortgage of $/month
  • 65 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 2.71% last updated on Dec 3, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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86 River Street Rutland City VT 0570186 River Street Rutland City VT 0570186 River Street Rutland City VT 0570186 River Street Rutland City VT 0570186 River Street Rutland City VT 0570186 River Street Rutland City VT 0570186 River Street Rutland City VT 05701
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  • 0.11Acreage
  • 4Bathrooms
  • 1925Year Built
  • 3,620Square Feet

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Listed by Mike Kalil of Watson Realty & Associates, PLC
Property consists of 4 rental units. A Retail space, rented for $475 a month, two 1 bedrooms are rented for $675 and $700 and a 2 bedroom apartment rented for $800. Your annual income is $31,800, expenses are about $13,504, your NOI is $18,296. Good opportunity to have your business in the building and collect rents from the apartments if you choose to , The store could expand if you eliminate the apartment downstairs and have 1350 SQ.FT. space Roof is new, siding is also new . Cap Rate at the selling price is 11.8 % .

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$149,900
  • Date Price Change10/23/2020
  • MLS Number4831774
  • MLS StatusActive

Exterior

  • ExteriorVinyl
  • RoofShingle - Architectural

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

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

Property

  • Acreage0.11
  • Parking Spaces
  • Square Feet3,620
  • APX Fin AG Sqft3,620
  • Road Frontage94
  • RoadsPublic
  • Lot DescriptionCity Lot, Corner

Other

  • Taxes$4,744
  • Seasonal Y/NNo
  • Unit 1 Deposit$700
  • Unit 2 Rent Amount$475
  • Unit 3 Rent Amount$800
  • Unit 4 Rent amount$675
  • View Count6

Building

  • Year Built1925
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location2
  • Unit 4 Bath1
  • Unit 4 Floor Location2
  • # of 1 Bedrooms2
  • # of 2 Bedrooms1
  • Bathroom4
  • Total Baths4
  • BasementFull, Unfinished
  • FoundationConcrete, Stone
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 December 4, 2020.

 

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