33 Cottage StreetRutland City, VT 05701MLS Number 4953789

Price: $415,000
Est. Mortgage of $/month
194 Days on Market

Investors take notice! This 9,000+ square foot brick building has been rezoned for 9 residential units with nine separate electric meters. Four units are move-in ready with two units close behind in renovation work. The final three units can be constructed from the spacious first floor. The seller has kept the building vacant during renovation work so the new owners have the ability to fill units with tenants of their choosing. Off street paved parking lot for 18 cars. All units can be accessed through the main entrance and interior stairwell as well as two fire escapes that serve the upper floors. The basement is half finished with the option to be converted to coin-op laundry and storage closets. Newer oil-fired steam boiler that serves the whole building. Major plumbing and electrical upgrades done for the upper levels. With recently renovated apartments, plenty of off-street parking and easy access to downtown amenities this building has fantastic income potential! Showings begin 5/25/23.

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Tax Information

Tax Year2023

Building

Year Built1900
Building ConstructionWood Frame
StyleMulti-Family
Units6
Unit 1 Bath1
Unit 1 Bedrooms1
Unit 1 Floor Location3
Unit 1 Total Rooms2
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 2 Floor Location3
Unit 2 Total Rooms3
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 3 Floor Location3
Unit 3 Total Rooms2
Unit 4 Bath1
Unit 4 Floor Location2
Unit 4 Total Rooms2
Unit 5 Baths1
Unit 5 Bedrooms2
Unit 6 Baths1
Unit 6 Bedrooms1
Unit 7 Baths3
# of 1 Bedrooms5
# of 2 Bedrooms1
Bathroom5
Total Baths5
Basement
- Concrete Floor
- Dirt
- Exterior Access
- Interior Access
- Partially Finished
- Stairs - Basement
- Storage Space
FoundationBrick, Fieldstone, Marble

Basic Information

StatusActive With Contract
List Price$415,000
Date Price Change09/03/2023
MLS Number4953789
MLS StatusActive Under Contract

Interior

APX Fin Below Grade650

Exterior

ExteriorBrick
RoofMembrane, Shingle - Asphalt

Utilities

Heat FuelOil
Heat SystemSteam
WaterPublic
Water HeaterGas - LP/Bottle, Tank
ElectricOther
SewerPublic
UtilitiesCable - At Site, Fiber Optic Internt Avail, Gas - LP/Bottle

Location

TownRutland City
StateVT
Zip05701
CountyRutland
ZoningUnknown
Flood Zone Y/NNo

Property

Acreage0.22
Parking Spaces
Lot DescriptionCity Lot
Square Feet8,685
APX Fin AG Sqft8,035
Road Frontage80
RoadsPaved, Public

Amenities

PricePerSqFt51.65

Other

Taxes$8,197.64
Seasonal Y/NNo
Date Listed05/23/2023
Date Showings Begin2023-05-25
View Count21

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 December 3, 2023 7:53 AM EST

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33 Cottage StreetRutland City, VT 05701MLS Number 4953789

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