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Courtesy of Mike Kalil of Watson Realty & Associates: .

108 Library Avenue

Rutland City, VT 05701
  • $189,000
  • STATUS: Active
  • ON SITE: 222 Days
  • MLS #: 4974059
UPDATED: 90 min ago
$189,000
  • 6
    BEDS
  • 0.19
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,340
    SQFT
  • $81
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %

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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 2024-05-23T16:07:02.457.
www.livingvermont.com/homes/144359847
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108 Library Avenue Rutland City, VT 05701

  • Price: $189,000
  • Status: Active
  • On Site: 222 Days
  • Updated: 90 min ago
  • MLS #: 4974059
6
Beds
3
Baths
0
½ Baths
0.19
Acres
2,340
SQFT
$81
$/SQFT
1900
Built
County:
Rutland
Area:
Rutland City
Property Description
Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %
Exterior Features

Architectural Style Multi-Family Construction Materials Wood FrameVinyl Siding Driveway Dirt Has Garage No Lot Features City Lot Road Frontage Yes Road Frontage Length 67 Roads Public Roof Slate

Interior Features

Basement Access Type Walkout Basement Description Partially Finished Cooling None Foundation ConcreteStone Has Basement Yes Heating ElectricForced Air Total Heated Units 1 Total Ranges 3 Total Refrigerators 3

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 39600 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 3325.28 Tax Year 2023 Taxes Tbd No Total Electric Meters 3 Total1 Bed Units 1 Total2 Bed Units 1 Total3 Plus Bed Units 1 Unit1 Rental Amount 1300 Unit2 Rental Amount 1150 Unit3 Rental Amount 850 Utilities DSL - Available Water Source Public Zoning Residential

Courtesy of Mike Kalil of Watson Realty & Associates: .


© 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 2024-05-23T16:07:02.457.
 
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