77 School StreetRutland City, VT 05701MLS Number 4980960

  • Price: $530,000
  • 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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77 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 0570177 School Street Rutland City VT 05701
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  • 0.13Acreage
  • 1920Year Built
  • 2,488Square Feet
  • ActiveMLS Status

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Listed by Betsy Adamovich of Casella Real Estate
RUTLAND CITY, VT - An outstanding investment opportunity awaits at this well-positioned property featuring a total of 6 units. Comprising 1 efficiency unit and 5 1-bedroom units, this building is a testament to smart investment choices. 5 of the 6 units are currently rented, contributing to a consistent and healthy cash flow. The property's success in generating good income is a reflection of its appeal to tenants. What distinguishes 77 School St is its convenient location, providing easy access to local amenities, schools, and public transportation. This advantageous positioning not only enhances the lifestyle for tenants but also adds a layer of long-term appeal to the property. 77 School St is a prime investment in Rutland's real estate scene-a property with 6 units, all but one currently rented and generating fantastic income. Don't miss out on this rare opportunity! Secure a property that not only promises financial success but also stands as a testament to smart and lucrative investment choices. Listing price offers a 9.4% cap rate for this property! 4 other investment properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties. Will not consider creative financing.

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More Info

Basic Information

  • StatusACT
  • List Price$530,000
  • Date Price Change12/28/2023
  • MLS Number4980960
  • MLS StatusActive

Property

  • Acreage0.13
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet2,488
  • APX Fin AG Sqft2,488
  • RoadsPublic

Amenities

  • PricePerSqFt213.02

Other

  • Seasonal Y/NNo
  • Date Listed12/29/2023
  • Unit 1 Deposit$996
  • Unit 2 Rent Amount$1,150
  • Unit 3 Rent Amount$951
  • Unit 4 Rent amount$1,046
  • Unit 5 Rent amount$1,150
  • View Count10

Location

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

Exterior

  • ExteriorVinyl
  • RoofMetal, Shingle

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard
  • WaterPublic
  • Water HeaterOff Boiler
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, High Speed Intrnt -Avail, Telephone Available

Building

  • Year Built1920
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 3 Bath1
  • Unit 3 Total Rooms1
  • Unit 4 Bath1
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • # of 1 Bedrooms5
  • BasementUnfinished
  • FoundationConcrete
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
Broker Reciprocity 

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 2:53 AM EST

 

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