166 State StreetRutland City, VT 05701MLS Number 5036190

Price: $279,000
Est. Mortgage of $/month
29 Days on Market

Investor Opportunity in Rutland City! 166 State Street is a 5-unit multifamily property with a strong rental history and solid numbers. With a gross annual income of $54,000 and expenses currently at $24,552, this property nets $29,448 annually-offering a 10.55% cap rate at the asking price. Rents are currently below market, presenting immediate potential for increased returns. Expenses could also be streamlined for even better performance. Whether you're looking to expand your portfolio or dive into multi-unit investing, this one is well worth a look. Motivated seller-bring your offers and let's make a deal!

More Info

Tax Information

Tax Year2025

Building

Year Built1910
Building ConstructionWood Frame
StyleMulti-Family
Units5
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
# of 1 Bedrooms5
BasementPartially Finished
FoundationStone

Basic Information

StatusActive With Contract
List Price$279,000
Date Price Change04/14/2025
MLS Number5036190
MLS StatusActive Under Contract

Property

Acreage0.21
GarageNo
Parking Spaces
Lot Description
- City Lot
- In Town
- Near Hospital
- Near Public Transportatn
- Near School(s)
- Near Shopping
- Near Skiing
- Sidewalks
Square Feet2,700
APX Fin AG Sqft2,100
RoadsPaved, Public
AreaVT-Rutland

Amenities

PricePerSqFt103.33

Location

TownRutland City
StateVT
Zip05701
CountyRutland
Zoningindustrial
Address166 State Street
Flood Zone Y/NLand Only

Interior

APX Fin Below Grade600

Exterior

RoofSlate

Utilities

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

Other

Taxes$5,412.4
Seasonal Y/NNo
Operating Expenses24552
Date Listed04/14/2025
Unit 1 Deposit$800
Unit 2 Rent Amount$800
Unit 3 Rent Amount$1,200
Unit 4 Rent amount$900
Unit 5 Rent amount$800

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 May 13, 2025 9:40 AM EDT

Name

Your Email Address

Phone

Message Send me the deed for 166 State Street Rutland City VT 05701 (ID#:5036190)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message Send me the survey or tax map for 166 State Street Rutland City VT 05701 (ID#:5036190)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Name

Your Email Address

Phone

Message I would like more information for 166 State Street Rutland City VT 05701 (ID#:5036190)

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

166 State StreetRutland City, VT 05701MLS Number 5036190

$/month over payments

Driving Directions

Ask A Question