133 Grove StreetRutland City, VT 05701MLS Number 4899686

  • Price: $350,000
  • Est. Mortgage of $/month
  • 453 Days on Market
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Federal 30-year interest rate: 6.57% last updated on May 25, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
133 Grove Street Rutland City VT 05701133 Grove Street Rutland City VT 05701133 Grove Street Rutland City VT 05701133 Grove Street Rutland City VT 05701133 Grove Street Rutland City VT 05701133 Grove Street Rutland City VT 05701133 Grove Street Rutland City VT 05701
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  • 0.27Acreage
  • 1910Year Built
  • 3,314Square Feet
  • unknownZoning

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Listed by Hughes Group Team of Casella Real Estate
With the current rents this property is producing an approximate cap rate of 14%, and the seller believes these rents are on the lower side, since they haven't been raised for years. Apt# 1 & #2 are on the first floor, Apt #3 is rented by the rooms which consists of 5 rooms, a shared kitchen & bathroom(each room rents for $600/month. Apt #4 has two rooms renting for $600/month and sharing the bathroom & kitchen. Apt#3 and is on level 2 & 3. Rents include water, sewer, cable/internet, trash, heat, and electricity. Heat is oil or pellets and the current seller is using mostly pellets to heat the property. Full solid basement, side and rear parking for tenants. A real money maker, so don't wait.

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More Info

Basic Information

  • StatusActive With Contract
  • List Price$350,000
  • Date Price Change03/03/2022
  • MLS Number4899686
  • MLS StatusActive Under Contract

Interior

  • FloorsCarpet, Hardwood, Vinyl

Exterior

  • ExteriorVinyl Siding, Wood Siding
  • RoofMembrane, Metal, Shingle - Asphalt
  • Exterior Colorbrown

Utilities

  • Heat FuelOil, Pellet
  • Heat SystemBaseboard, Hot Water, Stove - Pellet
  • WaterPublic
  • Water HeaterTank
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesHigh Speed Intrnt -AtSite

Location

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

Property

  • Acreage0.27
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet3,314
  • APX Fin AG Sqft3,314
  • Road Frontage50
  • RoadsPaved, Public

Amenities

  • Exterior AmenitiesPorch - Covered

Other

  • Taxes$5,230.92
  • Seasonal Y/NNo
  • Unit 1 Deposit$1,100
  • Unit 2 Rent Amount$700
  • View Count49

Building

  • Year Built1910
  • Building ConstructionWood Frame
  • StyleApartment Building
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Floor Location#1
  • Unit 1 Total Rooms4
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Floor Location#2
  • Unit 2 Total Rooms3
  • # of 1 Bedrooms8
  • # of 2 Bedrooms1
  • BasementUnfinished
  • FoundationBrick, Stone
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2023 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 May 29, 2023 11:54 AM EDT

 

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