234 Simons AvenueRutland Town, VT 05701MLS Number 5007582

  • Price: $350,000
  • Est. Mortgage of $/month
  • 47 Days on Market
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Federal 30-year interest rate: 6.2% last updated on Sep 12, 2024
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234 Simons Avenue Rutland Town VT 05701234 Simons Avenue Rutland Town VT 05701234 Simons Avenue Rutland Town VT 05701234 Simons Avenue Rutland Town VT 05701234 Simons Avenue Rutland Town VT 05701234 Simons Avenue Rutland Town VT 05701
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  • 0.36Acreage
  • 1890Year Built
  • 3,964Square Feet
  • ActiveMLS Status

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Listed by Leo Pond of Blue Ridge Real Estate
Investment Opportunity! Discover this charming multifamily property, a rare gem with fantastic potential in the thriving Rutland area. This property boasts multiple units, each offering a unique opportunity to renovate or update to your specifications, allowing you to truly make it your own. Whether you're looking to flip the units for a quick profit or upgrade them to increase long-term rental income, the possibilities are endless. The existing layout is functional and appealing, making it easy to keep the current tenants and enjoy steady rental income without immediate renovations. The property's location is ideal, situated in a high-demand rental market with a strong potential for future appreciation. Plus, Rutland Town taxes may provide additional savings, enhancing the overall investment appeal. This is a versatile investment that caters to various strategies, whether you're an experienced investor or just starting out. Don't miss out on this opportunity-more photos available upon inquiry. All units have tenants in place.

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Basic Information

  • StatusACT
  • List Price$350,000
  • Date Price Change07/31/2024
  • MLS Number5007582
  • MLS StatusActive

Property

  • Acreage0.36
  • Parking Spaces
  • Square Feet3,964
  • APX Fin AG Sqft3,964
  • Road Frontage20
  • RoadsPaved, Public

Amenities

  • PricePerSqFt88.29

Location

  • TownRutland Town
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningResidential
  • Flood Zone Y/NUnknown

Exterior

  • RoofSlate

Utilities

  • Heat FuelOil
  • Heat SystemForced Air
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable, Other, Phone

Building

  • Year Built1890
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 4 Bath1
  • # of 1 Bedrooms3
  • # of 2 Bedrooms1
  • BasementStorage Space, Unfinished
  • FoundationConcrete

Other

  • Seasonal Y/NNo
  • Date Listed07/31/2024
  • Unit 1 Deposit$725
  • Unit 2 Rent Amount$725
  • Unit 3 Rent Amount$750
  • Unit 4 Rent amount$750
  • View Count11
Ault Commercial Realty

Your Local Office

More Info »
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 September 15, 2024 4:54 PM EDT

 

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