43 Evergreen AvenueRutland City, VT 05701MLS Number 4877131

  • Price: $185,000
  • Est. Mortgage of $/month
  • 41 Days on Market
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$/month over payments
Federal 30-year interest rate: 2.86% last updated on Sep 16, 2021
* 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.
Pending
43 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 0570143 Evergreen Avenue Rutland City VT 05701
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  • 0.24Acreage
  • 4Bathrooms
  • 1880Year Built
  • 3,020Square Feet

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Listed by Hughes Group Team of Casella Real Estate
Now this just makes $ense! Located on this dead end city street is where you will find this 4 unit apartment house with detached 3 bay garage that has a current cap rate of 10 percent with below market rents. This building could easily produce close to a 13 percent cap rate with a little rent increase. Attached on the paper clip please see the income & expenses for 43 Evergreen Avenue. Three of the tenants have been there from 5 to 8 years with the newest tenant being in their unit for 3 years. There are 4 boilers, hot water heaters, oil tanks and 4 electric panels with the 5th panel for the owners coverage of the electric. These units are spacious for 1 bedroom units and this location is an easy walk to the Pine Hill Park area. This wonderful investment property has been in this family for years. Certainly a better return than money in the bank, so take a look.

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More Info

Basic Information

  • StatusPEN
  • List Price$185,000
  • Date Price Change08/11/2021
  • MLS Number4877131
  • MLS StatusPending

Property

  • Acreage0.24
  • Parking Spaces3
  • Square Feet3,020
  • APX Fin AG Sqft3,020
  • Road Frontage50
  • RoadsPaved, Public
  • Lot DescriptionCity Lot

Amenities

  • Exterior AmenitiesPorch, Porch - Covered

Other

  • Taxes$6,103
  • Seasonal Y/NNo
  • Unit 1 Deposit$625
  • Unit 2 Rent Amount$600
  • Unit 3 Rent Amount$585
  • Unit 4 Rent amount$600
  • View Count5

Location

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

Interior

  • FloorsHardwood, Vinyl

Exterior

  • ExteriorWood Siding
  • RoofMembrane, Metal, Slate, Standing Seam

Utilities

  • Heat FuelOil
  • Heat SystemHot Water
  • UtilitiesHigh Speed Intrnt -Avail, Telephone Available
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1880
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 4 Bath1
  • # of 1 Bedrooms4
  • Bathroom4
  • Total Baths4
  • BasementFull
  • FoundationBrick, Stone
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
Broker Reciprocity

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 September 19, 2021.

 

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