189 N Main StreetRutland City, VT 05701MLS Number 4960591

  • Price: $560,000
  • Est. Mortgage of $/month
  • 84 Days on Market
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Federal 30-year interest rate: 7.31% last updated on Sep 28, 2023
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189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701189 N Main Street Rutland City VT 05701
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  • 0.36Acreage
  • 8Bathrooms
  • 1900Year Built
  • 5,000Square Feet

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Listed by Mike Kalil of Watson Realty & Associates
Investment Opportunity, 8 units in 2 buildings on good size lot in a nice location, well maintained convenient to downtown for shopping , ski areas and lakes region , good rental history 100% occupancy, ample parking for tenants, five 2 bedrooms and three 1 bedrooms over $111k in gross income yearly, Cap Rate at the asking price is over 13%.

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Tax Information

  • Tax Year2023

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units8
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • Unit 7 Baths1
  • # of 1 Bedrooms3
  • Unit 7 Bedrooms2
  • # of 2 Bedrooms5
  • Unit 8 Baths1
  • Unit 8 Bedrooms2
  • Bathroom8
  • Total Baths8
  • BasementUnfinished
  • FoundationStone

Basic Information

  • StatusACT
  • List Price$560,000
  • Date Price Change07/10/2023
  • MLS Number4960591
  • MLS StatusActive

Property

  • Acreage0.36
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet5,000
  • APX Fin AG Sqft5,000
  • Road Frontage50
  • RoadsPublic

Other

  • Taxes$8,084
  • Seasonal Y/NNo
  • Date Listed07/10/2023
  • Unit 1 Deposit$1,177
  • Unit 2 Rent Amount$1,047
  • Unit 3 Rent Amount$1,047
  • Unit 4 Rent amount$1,047
  • Unit 5 Rent amount$1,196
  • Unit 7 Rent amount$1,196
  • Unit 8 Rent amount$1,196
  • View Count15

Location

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

Exterior

  • ExteriorVinyl
  • RoofShingle - Asphalt

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable, Cable - Available
Ault Commercial Realty

Your Local Office

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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 October 2, 2023 7:38 AM EDT

 

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