159 State StreetRutland City, VT 05701MLS Number 4980958

  • Price: $345,000
  • Est. Mortgage of $/month
  • 67 Days on Market
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Federal 30-year interest rate: 6.94% last updated on Feb 29, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701159 State Street Rutland City VT 05701
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  • 0.15Acreage
  • 4Bathrooms
  • 1890Year Built
  • 2,688Square Feet

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Listed by Betsy Adamovich of Casella Real Estate
RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.

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More Info

Tax Information

  • Tax Year2023

Building

  • Year Built1890
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 4 Bath1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms3
  • Bathroom4
  • Total Baths4
  • BasementUnfinished
  • FoundationConcrete

Basic Information

  • StatusACT
  • List Price$345,000
  • Date Price Change12/28/2023
  • MLS Number4980958
  • MLS StatusActive

Property

  • Acreage0.15
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet2,688
  • APX Fin AG Sqft2,688
  • RoadsPaved, Public

Amenities

  • PricePerSqFt128.35

Other

  • Taxes$4,392.82
  • Seasonal Y/NNo
  • Date Listed12/29/2023
  • Unit 1 Deposit$1,125
  • Unit 2 Rent Amount$1,086
  • Unit 3 Rent Amount$1,050
  • Unit 4 Rent amount$1,162
  • View Count7

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • Zoningresidential
  • Flood Zone Y/NUnknown

Exterior

  • ExteriorVinyl Siding
  • RoofSlate

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2024 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 March 5, 2024 1:53 AM EST

 

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