Skip To Content
Courtesy of Betsy Adamovich of Casella Real Estate: .

159 State Street

Rutland City, VT 05701
  • $345,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 4980958
UPDATED: 59 min ago
$345,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,688
    SQFT
  • $128
    $/SQFT
Type:
Multi-Family
Built:
1890
County:
Area:

School Ratings & Info

Description

RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.

Monthly Payment Calculator



© 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 2024-03-02T18:06:03.37.
www.livingvermont.com/homes/146270672
Print Image

159 State Street Rutland City, VT 05701

  • Price: $345,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 59 min ago
  • MLS #: 4980958
7
Beds
4
Baths
0
½ Baths
0.15
Acres
2,688
SQFT
$128
$/SQFT
1890
Built
County:
Rutland
Area:
Rutland City
Property Description
RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.
Exterior Features

Architectural Style Multi-Family Construction Materials Wood FrameVinyl Siding Driveway Dirt Has Garage No Lot Features City Lot Parking DrivewayOff Street Road Frontage TBD Roads PavedPublic Roof Slate

Interior Features

Basement Access Type Walk-up Basement Description Unfinished Cooling None Foundation Concrete Has Basement Yes Heating BaseboardHot Water Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1

Property Features

Auction No Construction Status Existing Electric Circuit Breaker(s) Electric Company GMP Flood Zone Unknown Foreclosed / Bank Owned / REO No Fuel Company Keyser Gross Income 48432 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 4392.82 Tax Year 2023 Taxes Tbd No Total1 Bed Units 1 Total2 Bed Units 3 Total3 Plus Bed Units 0 Unit1 Info Range - ElectricRefrigerator Unit1 Rental Amount 1125 Unit1 Tenant Pays ElectricHot WaterInternet ServiceTV Service Unit2 Info Range - ElectricRefrigerator Unit2 Rental Amount 1086 Unit2 Tenant Pays ElectricHot WaterInternet ServiceTV Service Unit3 Info Range - ElectricRefrigerator Unit3 Rental Amount 1050 Unit3 Tenant Pays ElectricHot WaterInternet ServiceTV Service Unit4 Info Range - ElectricRefrigerator Unit4 Rental Amount 1162 Unit4 Tenant Pays ElectricHot WaterInternet 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 2024-03-02T18:06:03.37.
 
https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4980958-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4980958-2.jpg https://bt-photos.global.ssl.fastly.net/nneren/1280_boomver_1_4980958-2.jpg
Logo
RE/MAX North Professionals
553 Roosevelt highway suite 200
Colchester VT, 05446