140 North Main StreetRutland City, VT 05701MLS Number 4880640

  • Price: $489,000
  • Est. Mortgage of $/month
  • 15 Days on Market
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Federal 30-year interest rate: 2.88% last updated on Sep 9, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701140 North Main Street Rutland City VT 05701
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  • 0.7Acreage
  • 1920Year Built
  • 9,000Square Feet
  • PendingMLS Status

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Listed by Mike Kalil of Watson Realty & Associates
Great location on corner of N Main St and North St Ext. Many upgrades and renovations, wonderful investment property grossing over $97,000 13%Cap rate at asking price. Property consists of ten rental units including the former MR C'S Market (now Cycle shop)--five apartments--three cold storage units--and a detached shop--all are fully rented--the total property has been extensively upgraded including new state-of-the art Buderas heating system, most units are updated and up to code--new roof--unlimited paved parking for many uses-well kept and no deferred maintenance, good rental history ..property consist of 2 buildings, Building one: 3(2 Bedroom) Apartments 1 (4 Bedroom) Apartment 1 (1 Bedroom) Apartment 1 Retail Space - approximately 2600 sq. ft 3 Large Storage units Building two: Garage -rented to a car detailing tenant for over 7 years 6 Storage units, Storage Shed, Outdoor Parking

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More Info

Basic Information

  • StatusPEN
  • List Price$489,000
  • MLS Number4880640
  • MLS StatusPending

Property

  • Acreage0.7
  • Parking Spaces2
  • Square Feet9,000
  • APX Fin AG Sqft9,000
  • Road Frontage400
  • RoadsPublic
  • Lot DescriptionCorner

Other

  • Taxes$8,580
  • Seasonal Y/NNo
  • Unit 1 Deposit$995
  • Unit 2 Rent Amount$1,500
  • Unit 3 Rent Amount$995
  • Unit 4 Rent amount$950
  • Unit 5 Rent amount$950
  • Unit 7 Rent amount$1,500
  • Unit 8 Rent amount$300
  • View Count4

Location

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

Exterior

  • ExteriorWood
  • RoofShingle - Architectural

Utilities

  • Heat FuelOil
  • Heat SystemForced Air
  • UtilitiesCable - Available, DSL - Available
  • WaterPublic
  • Water HeaterDomestic, Electric
  • Electric200 Amp, Circuit Breaker(s)
  • SewerPublic

Building

  • Year Built1920
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units10
  • Unit 1 Bedrooms2
  • Unit 2 Bedrooms4
  • Unit 3 Bedrooms2
  • Unit 5 Bedrooms1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms3
  • # of 3 Bedrooms1
  • BasementConcrete, Unfinished
  • FoundationConcrete
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 16, 2021.

 

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