106 Library AvenueRutland City, VT 05701MLS Number 4988183

  • Price: $540,000
  • Est. Mortgage of $/month
  • 35 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 7.1% last updated on Apr 18, 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 05701
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  • 0.19Acreage
  • 1988Year Built
  • 4,704Square Feet
  • ActiveMLS Status

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Listed by Betsy Adamovich of Real Broker LLC
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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More Info

Basic Information

  • StatusACT
  • List Price$540,000
  • Date Price Change03/15/2024
  • MLS Number4988183
  • MLS StatusActive

Property

  • Acreage0.19
  • Parking Spaces
  • Square Feet4,704
  • APX Fin AG Sqft4,704
  • RoadsPaved, Public
  • AreaIn Town, Near Public Transportatn, Neighborhood

Amenities

  • PricePerSqFt114.8

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • Zoningmixed residential
  • Flood Zone Y/NUnknown

Exterior

  • RoofMetal

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, Telephone Available

Other

  • Seasonal Y/NNo
  • Date Listed03/15/2024
  • 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 Count2

Building

  • Year Built1988
  • 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
  • BasementApartments
  • FoundationConcrete
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 April 19, 2024 7:38 AM EDT

 

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