121 State StreetRutland City, VT 05701MLS Number 5027558

  • Price: $525,000
  • Est. Mortgage of $/month
  • 15 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.89% last updated on Feb 6, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701121 State Street Rutland City VT 05701
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  • 0.21Acreage
  • 7Bathrooms
  • 1900Year Built
  • 3,405Square Feet

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Listed by Miffy Liao of Watson Realty & Associates
Investors take notice, this newly renovated multi family located in walking distance to downtown and shopping, generates over $82K a year in gross income with expenses just under $30K a year which includes, Heat, water & sewer, management , Taxes and insurance. Cap rate is just over 10% at the asking price.

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More Info

Tax Information

  • Tax Year2024

Building

  • Year Built1900
  • Building ConstructionWood Frame, Vinyl Exterior
  • Units7
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 4 Bath1
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • Unit 6 Baths1
  • Unit 6 Bedrooms1
  • Unit 7 Baths1
  • # of 1 Bedrooms7
  • Unit 7 Bedrooms1
  • Bathroom7
  • Total Baths7
  • BasementPartially Finished
  • FoundationBrick, Stone

Basic Information

  • StatusACT
  • List Price$525,000
  • Date Price Change01/24/2025
  • MLS Number5027558
  • MLS StatusActive

Property

  • Acreage0.21
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Square Feet3,405
  • APX Fin AG Sqft3,177
  • Road Frontage56
  • AreaVT-Rutland

Amenities

  • PricePerSqFt154.19

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningResidential
  • Address121 State Street
  • Flood Zone Y/NNo

Interior

  • APX Fin Below Grade228

Exterior

  • RoofSlate

Utilities

  • Heat SystemOil, Baseboard
  • Electric100 Amp, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, Telephone Available

Other

  • Taxes$6,357.72
  • Seasonal Y/NNo
  • Operating Expenses29319
  • Date Listed01/24/2025
  • Unit 1 Deposit$1,100
  • Unit 2 Rent Amount$625
  • Unit 3 Rent Amount$1,100
  • Unit 4 Rent amount$1,050
  • Unit 5 Rent amount$900
  • Unit 7 Rent amount$1,050
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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Copyright 2025 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 February 8, 2025 12:52 AM EST

 

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