87 Plain StreetRutland City, VT 05701MLS Number 4860887

  • Price: $169,900
  • Est. Mortgage of $/month
  • 40 Days on Market
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Federal 30-year interest rate: 2.93% last updated on Jun 17, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
87 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 0570187 Plain Street Rutland City VT 05701
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  • 0.31Acreage
  • 3Bathrooms
  • 1890Year Built
  • 3,104Square Feet

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Listed by Hughes Group Team of Casella Real Estate
Here is a well maintained 3 unit property on the corner of Plain and Granger St in Rutland City. The first floor has two 1 bedroom units with great tenants who have been there for years. The entire second floor makes up the third unit, which has 3 nice size bedrooms, a large living room, and a dining area. Apartments of this size are hard to come by. Additional features are the 2 car garage with an attached carport and shed providing great storage, laundry hookups, and a private porch for each unit. Monthly rental income has not been increased in years, so there is room for this property to produce more income. The property has a CAP rate of just below 10%. This is a great investment opportunity or the large upstairs apartment would be perfect as an owner occupied unit. Showings to begin on 05/19/2021.

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More Info

Basic Information

  • StatusActive With Contract
  • Property TypeMulti-Family
  • List Price$169,900
  • Date Price Change05/14/2021
  • MLS Number4860887
  • MLS StatusActive Under Contract

Interior

  • FloorsCarpet, Vinyl

Exterior

  • ExteriorAluminum
  • RoofShingle - Asphalt, Slate

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available
  • WaterPublic
  • Water HeaterDomestic, Electric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

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

Property

  • Acreage0.31
  • Parking Spaces2
  • Square Feet3,104
  • APX Fin AG Sqft3,104
  • RoadsPaved, Public
  • Lot DescriptionCity Lot, Corner

Amenities

  • Exterior AmenitiesGarden Space, Shed

Other

  • Taxes$5,264
  • Seasonal Y/NNo
  • Date Showings Begin2021-05-19
  • Unit 1 Deposit$1,000
  • Unit 2 Rent Amount$650
  • Unit 3 Rent Amount$635
  • View Count4

Building

  • Year Built1890
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location2
  • Unit 1 Total Rooms7
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location1
  • Unit 2 Total Rooms4
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Floor Location1
  • Unit 3 Total Rooms4
  • # of 1 Bedrooms2
  • # of 3 Bedrooms1
  • Bathroom3
  • Total Baths3
  • BasementFull, Unfinished
  • FoundationStone
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2021 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 June 21, 2021.

 

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