33 Cottage StreetRutland City, VT 05701MLS Number 4953789

  • Price: $415,000
  • Est. Mortgage of $/month
  • 194 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
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Active with Contract
33 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 0570133 Cottage Street Rutland City VT 05701
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  • 0.22Acreage
  • 5Bathrooms
  • 1900Year Built
  • 8,685Square Feet

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Listed by Morgan Medeiros of Casella Real Estate
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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More Info

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
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 December 3, 2023 7:53 AM EST

 

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