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Courtesy of Mike Kalil of Watson Realty & Associates: .

189 N Main Street

Rutland City, VT 05701
  • $560,000
  • STATUS: Active
  • ON SITE: 74 Days
  • MLS #: 4960591
$560,000
  • 13
    BEDS
  • 0.36
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $112
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Investment Opportunity, 8 units in 2 buildings on good size lot in a nice location, well maintained convenient to downtown for shopping , ski areas and lakes region , good rental history 100% occupancy, ample parking for tenants, five 2 bedrooms and three 1 bedrooms over $111k in gross income yearly, Cap Rate at the asking price is over 13%.

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© Copyright 2023 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 2023-09-23T00:06:01.797.
www.livingvermont.com/homes/141331467
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189 N Main Street Rutland City, VT 05701

  • Price: $560,000
  • Status: Active
  • On Site: 74 Days
  • MLS #: 4960591
13
Beds
8
Baths
0
½ Baths
0.36
Acres
5,000
SQFT
$112
$/SQFT
1900
Built
County:
Rutland
Area:
Rutland City
Property Description
Investment Opportunity, 8 units in 2 buildings on good size lot in a nice location, well maintained convenient to downtown for shopping , ski areas and lakes region , good rental history 100% occupancy, ample parking for tenants, five 2 bedrooms and three 1 bedrooms over $111k in gross income yearly, Cap Rate at the asking price is over 13%.
Exterior Features

Construction Wood Frame Driveway Gravel Exterior Vinyl Has Garage No Lot Description City Lot Parking Off StreetOn-SiteParking Spaces 6+ Road Frontage Yes Road Frontage Length 50 Roads Public Roof Shingle - Asphalt Style Multi-Family

Interior Features

Basement Access Type Interior Basement Description Unfinished Cooling None Foundation Stone Has Basement Yes Heating BaseboardHot Water Total Heated Units 2 Total Ranges 8 Total Refrigerators 8 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1 Unit7 Baths 1 Unit8 Baths 1 Water Heater Electric

Property Features

Auction No Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 11624 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 8084 Tax Year 2023 Taxes Tbd No Total Electric Meters 8 Total Leases 8 Total1 Bed Units 3 Total2 Bed Units 5 Total3 Plus Bed Units 0 Unit1 Rental Amount 1177 Unit2 Rental Amount 1047 Unit3 Rental Amount 1047 Unit4 Rental Amount 1047 Unit5 Rental Amount 1196 Unit6 Rental Amount 1196 Unit7 Rental Amount 1196 Unit8 Rental Amount 1196 Utilities CableCable - Available Water Public Zoning Residential

Courtesy of Mike Kalil of Watson Realty & Associates: .


© Copyright 2023 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 2023-09-23T00:06:01.797.
 
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