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Courtesy of Hughes Group Team of Casella Real Estate.

133 Grove Street

Rutland City, VT 05701
  • $350,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 4899686
UPDATED: 147 min ago
$350,000
  • 3
    BEDS
  • 0.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,314
    SQFT
  • $106
    $/SQFT
Type:
Multi-Family
Built:
1910
County:
Area:

School Ratings & Info

Description

With the current rents this property is producing an approximate cap rate of 14%, and the seller believes these rents are on the lower side, since they haven't been raised for years. Apt# 1 & #2 are on the first floor, Apt #3 is rented by the rooms which consists of 5 rooms, a shared kitchen & bathroom(each room rents for $600/month. Apt #4 has two rooms renting for $600/month and sharing the bathroom & kitchen. Apt#3 and is on level 2 & 3. Rents include water, sewer, cable/internet, trash, heat, and electricity. Heat is oil or pellets and the current seller is using mostly pellets to heat the property. Full solid basement, side and rear parking for tenants. A real money maker, so don't wait.

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© Copyright 2022 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 2022-05-25T00:06:14.027.
www.livingvermont.com/homes/126324681
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133 Grove Street Rutland City, VT 05701

  • Price: $350,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 147 min ago
  • MLS #: 4899686
3
Beds
0
Baths
0
½ Baths
0.27
Acres
3,314
SQFT
$106
$/SQFT
1910
Built
County:
Rutland
Area:
Rutland City
Property Description
With the current rents this property is producing an approximate cap rate of 14%, and the seller believes these rents are on the lower side, since they haven't been raised for years. Apt# 1 & #2 are on the first floor, Apt #3 is rented by the rooms which consists of 5 rooms, a shared kitchen & bathroom(each room rents for $600/month. Apt #4 has two rooms renting for $600/month and sharing the bathroom & kitchen. Apt#3 and is on level 2 & 3. Rents include water, sewer, cable/internet, trash, heat, and electricity. Heat is oil or pellets and the current seller is using mostly pellets to heat the property. Full solid basement, side and rear parking for tenants. A real money maker, so don't wait.
Exterior Features

Color Brown Construction Wood Frame Driveway Gravel Exterior Vinyl SidingWood Siding Exterior Features Porch - Covered Has Garage No Lot Description City Lot Road Frontage Yes Road Frontage Length 50 Roads PavedPublic Roof MembraneMetalShingle - Asphalt Style Apartment Building

Interior Features

Basement Access Type Walkout Basement Description Unfinished Cooling None Flooring CarpetHardwoodVinyl Foundation BrickStone Has Basement Yes Heating BaseboardHot WaterStove - Pellet Unit1 Baths 1 Unit2 Baths 1 Water Heater Tank

Property Features

Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Gross Income 72000 Heat Fuel OilPellet Pre Construction No Seasonal No Sewer Public Tax Gross Amount 5230.92 Tax Year 2021 Taxes Tbd No Total1 Bed Units 8 Total2 Bed Units 1 Total3 Plus Bed Units 0 Unit1 Rental Amount 1100 Unit2 Rental Amount 700 Utilities High Speed Intrnt -Atsite Water Public Zoning Unknown

Courtesy of Hughes Group Team of Casella Real Estate: 802-772-7487.


© Copyright 2022 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 2022-05-25T00:06:14.027.
 
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