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Courtesy of Miffy Liao of Watson Realty & Associates: .

121 State Street

Rutland City, VT 05701
  • $525,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 5027558
UPDATED: 8 min ago
$525,000
  • 7
    BEDS
  • 0.21
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 3,405
    SQFT
  • $154
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

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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© Copyright 2025 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 2025-02-14T07:06:03.493.
www.livingvermont.com/homes/159703448
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121 State Street Rutland City, VT 05701

  • Price: $525,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 8 min ago
  • MLS #: 5027558
7
Beds
7
Baths
0
½ Baths
0.21
Acres
3,405
SQFT
$154
$/SQFT
1900
Built
County:
Rutland
Area:
Rutland City
Property Description
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.
Exterior Features

Architectural Style Multi-Family Construction Materials Wood FrameVinyl Exterior Driveway Crushed StoneGravel Has Garage No Lot Features City Lot Road Frontage Yes Road Frontage Length 56 Roof Slate

Interior Features

Basement Access Type Walkout Basement Description Partially Finished Cooling None Foundation BrickStone Has Basement Yes Heating OilBaseboard Total Heated Units 1 Total Ranges 7 Total Refrigerators 7 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Unit7 Baths 1

Property Features

Auction No Construction Status Existing Electric 100 AmpCircuit Breaker(s) Electric Company Green Mountain Power Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 82500 Pre Construction No Road Frontage Type PavedPublic Seasonal No Sewer Public Tax Gross Amount 6357.72 Tax Year 2024 Taxes Tbd No Total1 Bed Units 7 Total2 Bed Units 0 Total3 Plus Bed Units 0 Unit1 Rental Amount 1100 Unit2 Rental Amount 625 Unit3 Rental Amount 1100 Unit4 Rental Amount 1050 Unit5 Rental Amount 900 Unit6 Rental Amount 1050 Unit7 Rental Amount 1050 Utilities Cable - AvailableTelephone Available Water Source Public Zoning Residential

Courtesy of Miffy Liao of Watson Realty & Associates: .


© Copyright 2025 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 2025-02-14T07:06:03.493.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446