10 Merchants Row

    Rutland City, VT 05701
    • $269,000
    • STATUS: Active
    • ON SITE: 79 days
    • MLS #: 4789591
    UPDATED: 52 min ago
    $269,000
    • 3
      BEDS
    • 0.1
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,650
      SQFT
    • $74
      $/SQFT
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Ratings & Info

    Courtesy of Mike Kalil of Watson Realty & Associates, Plc.

    Description

    Great Investment opportunity in a prime location in the city right across from court house, over 9% Cap Rate at asking price, building is in a real nicecondition, very well cared for no deferred maintenance, good rental history. The property consists of a large commercial space (over 2000 SF.) on the first floor which hasall amenities you need for either an office or retail space, has been rented for long term lease. Second floor has 2 apartment units, a 1 bedroom and a 2 bedroom units ,Leases on all units. property is completely updated and up to code, Heating and roof are fairly new. this listing is also listed under commercial listing MLS 4789107

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    © Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2020-03-28T22:05:27.933.
    www.livingvermont.com/homes/102128544

    10 Merchants Row Rutland City, VT 05701

    • Price: $269,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 4789591
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.1
    Acres
    3,650
    SQFT
    $74
    $/SQFT
    1900
    Built
    County:
    Rutland
    Area:
    Rutland City
    Property Description
    Great Investment opportunity in a prime location in the city right across from court house, over 9% Cap Rate at asking price, building is in a real nicecondition, very well cared for no deferred maintenance, good rental history. The property consists of a large commercial space (over 2000 SF.) on the first floor which hasall amenities you need for either an office or retail space, has been rented for long term lease. Second floor has 2 apartment units, a 1 bedroom and a 2 bedroom units ,Leases on all units. property is completely updated and up to code, Heating and roof are fairly new. this listing is also listed under commercial listing MLS 4789107
    Exterior Features

    Construction Wood Frame Driveway PavedRight-Of-Way (Row) Exterior Wood Exterior Features Handicap Modified Has Garage No Lot Description City LotCornerNeighbor BusinessSidewalks Parking Parking Spaces 3 Road Frontage Yes Road Frontage Length 40 Roads PavedPublic Roof Shingle - Architectural Style ContemporaryMulti-Family

    Interior Features

    Cooling Other Foundation Concrete Has Basement No Heating Heat Pump Total Heated Units 2 Total Ranges 3 Total Refrigerators 3 Total Water Heaters 1 Unit1 Approx Sq Ft 2000 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Water Heater Electric

    Property Features

    Construction Status Existing Easements Yes Electric Circuit Breaker(S) Flood Zone No Gross Income 39756 Heat Fuel Gas - Lp/Bottle Pre Construction No Seasonal No Sewer Public Tax Gross Amount 5771.4 Tax Year 2020 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 1 Total3 Plus Bed Units 2 Unit1 Rental Amount 2053 Unit2 Rental Amount 535 Unit3 Rental Amount 725 Utilities CableDslHigh Speed Intrnt -Avail Water Public Zoning Commercial

    Courtesy of Mike Kalil of Watson Realty & Associates, Plc.


    © Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2020-03-28T22:05:27.933.
     
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    Courtesy of Mike Kalil of Watson Realty & Associates, Plc.