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Courtesy of Betsy Adamovich of Casella Real Estate: .

106 Library Avenue

Rutland City, VT 05701
  • $540,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 4980961
UPDATED: 202 min ago
$540,000
  • 11
    BEDS
  • 0.19
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,704
    SQFT
  • $115
    $/SQFT
Type:
Multi-Family
Built:
1988
County:
Area:

School Ratings & Info

Description

RUTLAND CITY, VT " An exciting investment opportunity awaits at this fantastic 6-unit multifamily property. With a stellar rental history and all units currently leased, this building is a testament to its consistent appeal among tenants, making it an enticing prospect for savvy investors. 106 Library Ave offers a very rare opportunity "a multifamily building with six units, all contributing to a robust and steady income stream. This unique feature positions the property as a valuable find for investors seeking a reliable source of returns in Rutland's real estate market. 106 Library Ave is a standout in Rutland's real estate landscape"a dynamic 6-unit multifamily property with a proven rental history. Don't miss out on this fantastic investment opportunity that promises both financial stability and growth. Act now to secure a property that combines rarity, income potential, and lasting value. Property has a cap rate over 11% at the current list price! 4 other properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties.

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© Copyright 2024 PrimeMLS. 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 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 2024-03-03T00:06:06.263.
www.livingvermont.com/homes/146270675
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106 Library Avenue Rutland City, VT 05701

  • Price: $540,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 202 min ago
  • MLS #: 4980961
11
Beds
6
Baths
0
½ Baths
0.19
Acres
4,704
SQFT
$115
$/SQFT
1988
Built
County:
Rutland
Area:
Rutland City
Property Description
RUTLAND CITY, VT " An exciting investment opportunity awaits at this fantastic 6-unit multifamily property. With a stellar rental history and all units currently leased, this building is a testament to its consistent appeal among tenants, making it an enticing prospect for savvy investors. 106 Library Ave offers a very rare opportunity "a multifamily building with six units, all contributing to a robust and steady income stream. This unique feature positions the property as a valuable find for investors seeking a reliable source of returns in Rutland's real estate market. 106 Library Ave is a standout in Rutland's real estate landscape"a dynamic 6-unit multifamily property with a proven rental history. Don't miss out on this fantastic investment opportunity that promises both financial stability and growth. Act now to secure a property that combines rarity, income potential, and lasting value. Property has a cap rate over 11% at the current list price! 4 other properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties.
Exterior Features

Architectural Style Apartment BuildingMulti-Family Construction Materials Wood FrameVinyl Siding Driveway Gravel Has Garage No Lot Features City Lot Parking Off Street Road Frontage TBD Roads PavedPublic Roof Metal

Interior Features

Basement Access Type Walkout Basement Description Apartments Cooling None Foundation Concrete Has Basement Yes Heating BaseboardHot Water Total Ranges 6 Total Refrigerators 6 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Electric Company GMP Flood Zone Unknown Foreclosed / Bank Owned / REO No Fuel Company Keyser Gross Income 79500 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 8260.05 Tax Year 2023 Taxes Tbd No Total1 Bed Units 1 Total2 Bed Units 5 Total3 Plus Bed Units 0 Unit1 Info Heat IncludedRange - ElectricRefrigerator Unit1 Rental Amount 1100 Unit1 Tenant Pays ElectricInternet ServiceTV Service Unit2 Info Heat IncludedRange - ElectricRefrigerator Unit2 Rental Amount 1125 Unit2 Tenant Pays ElectricInternet ServiceTV Service Unit3 Info Heat IncludedRange - ElectricRefrigerator Unit3 Rental Amount 1250 Unit3 Tenant Pays ElectricInternet ServiceTV Service Unit4 Info Heat IncludedRange - ElectricRefrigerator Unit4 Rental Amount 1250 Unit4 Tenant Pays ElectricInternet ServiceTV Service Unit5 Info Heat IncludedRange - ElectricRefrigerator Unit5 Rental Amount 1250 Unit5 Tenant Pays ElectricInternet ServiceTV Service Unit6 Rental Amount 1250 Unit6 Tenant Pays ElectricInternet ServiceTV Service Utilities Cable - AvailableTelephone Available Water Source Public Zoning residential

Courtesy of Betsy Adamovich of Casella Real Estate: .


© Copyright 2024 PrimeMLS. 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 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 2024-03-03T00:06:06.263.
 
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