159 State StreetRutland City, VT 05701MLS Number 4988212

  • Price: $345,000
  • Est. Mortgage of $/month
  • 32 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 6.88% last updated on Apr 11, 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
  • 1890Year Built
  • 2,688Square Feet
  • ActiveMLS Status

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Listed by Betsy Adamovich of Real Broker LLC
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

Basic Information

  • StatusACT
  • List Price$345,000
  • Date Price Change03/15/2024
  • MLS Number4988212
  • MLS StatusActive

Property

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

Amenities

  • PricePerSqFt128.35

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • Zoninggateway business district
  • Flood Zone Y/NUnknown

Exterior

  • RoofSlate

Utilities

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

Building

  • Year Built1890
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 4 Bath1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms3
  • BasementUnfinished
  • FoundationConcrete, Stone

Other

  • Seasonal Y/NNo
  • Date Listed03/15/2024
  • Unit 1 Deposit$1,050
  • Unit 2 Rent Amount$1,086
  • Unit 3 Rent Amount$1,125
  • Unit 4 Rent amount$1,162
  • View Count4
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 15, 2024 2:08 PM EDT

 

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