106 Library AvenueRutland City, VT 05701MLS Number 4980961

  • Price: $540,000
  • 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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106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701106 Library Avenue Rutland City VT 05701
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  • 0.19Acreage
  • 6Bathrooms
  • 1988Year Built
  • 4,704Square Feet

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Listed by Betsy Adamovich of Casella Real Estate
RUTLAND CITY, VT - An exciting investment opportunity awaits at this fantastic 6-unit multifamily property. With a stellar rental history and all units currently leased, this building is a testament to its consistent appeal among tenants, making it an enticing prospect for savvy investors. 106 Library Ave offers a very rare opportunity -a multifamily building with six units, all contributing to a robust and steady income stream. This unique feature positions the property as a valuable find for investors seeking a reliable source of returns in Rutland's real estate market. 106 Library Ave is a standout in Rutland's real estate landscape-a dynamic 6-unit multifamily property with a proven rental history. Don't miss out on this fantastic investment opportunity that promises both financial stability and growth. Act now to secure a property that combines rarity, income potential, and lasting value. Property has a cap rate over 11% at the current list price! 4 other properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties.

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Tax Information

  • Tax Year2023

Building

  • Year Built1988
  • Building ConstructionWood Frame
  • StyleApartment Building, Multi-Family
  • Units6
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 4 Bath1
  • Unit 5 Baths1
  • Unit 5 Bedrooms2
  • Unit 6 Baths1
  • Unit 6 Bedrooms2
  • # of 1 Bedrooms1
  • # of 2 Bedrooms5
  • Bathroom6
  • Total Baths6
  • BasementApartments
  • FoundationConcrete

Basic Information

  • StatusACT
  • List Price$540,000
  • Date Price Change12/28/2023
  • MLS Number4980961
  • MLS StatusActive

Property

  • Acreage0.19
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet4,704
  • APX Fin AG Sqft4,704
  • RoadsPaved, Public

Amenities

  • PricePerSqFt114.8

Other

  • Taxes$8,260.05
  • Seasonal Y/NNo
  • Date Listed12/29/2023
  • Unit 1 Deposit$1,100
  • Unit 2 Rent Amount$1,125
  • Unit 3 Rent Amount$1,250
  • Unit 4 Rent amount$1,250
  • Unit 5 Rent amount$1,250
  • View Count12

Location

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

Exterior

  • ExteriorVinyl Siding
  • RoofMetal

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • WaterPublic
  • Water HeaterOff Boiler
  • 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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