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Courtesy of Hughes Group Team of Casella Real Estate: .

230 Marble Street

West Rutland, VT 05777
  • $315,000
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 4989348
$315,000
  • 8
    BEDS
  • 0.25
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,535
    SQFT
  • $89
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!

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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 2024-04-22T12:53:00.693.
www.livingvermont.com/homes/148947760
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230 Marble Street West Rutland, VT 05777

  • Price: $315,000
  • Status: Active
  • On Site: 26 Days
  • MLS #: 4989348
8
Beds
4
Baths
0
½ Baths
0.25
Acres
3,535
SQFT
$89
$/SQFT
1900
Built
County:
Rutland
Area:
West Rutland
Elementary School:
West Rutland School
Middle School:
West Rutland School
High School:
West Rutland School
School District:
Greater Rutland County Supervisory Union
Property Description
Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!
Exterior Features

Architectural Style Multi-Family Area Description In TownNear Golf CourseNear ShoppingNear Skiing Color Blue Construction Materials Wood Frame Driveway Common/SharedGravel Exterior Features Barn Has Garage No Lot Features Mountain View Parking DrivewayOn-Site Road Frontage Yes Road Frontage Length 150 Roads PavedPublic Roof Membrane Water Body Access YN No Water View YN No Waterfront Property No

Interior Features

Basement Access Type Walkout Basement Description Crawl SpaceUnfinished Cooling None Flooring HardwoodLaminateTile Foundation Stone Has Basement Yes Heating Baseboard Total Ranges 4 Total Refrigerators 4 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1

Property Features

Auction No Construction Status Existing Easements Yes Electric Circuit Breaker(s) Electric Company GMP Flood Zone Unknown Foreclosed / Bank Owned / REO No Gross Income 42000 Heat Fuel Gas - LP/Bottle Pre Construction No Seasonal No Sewer Public Tax Gross Amount 2680.65 Tax Year 23 Taxes Tbd No Total Electric Meters 4 Total Leases 4 Total1 Bed Units 0 Total2 Bed Units 4 Total3 Plus Bed Units 0 Unit1 Info Appliances Included Unit1 Rental Amount 950 Unit1 Tenant Pays ElectricInternet ServiceTV Service Unit2 Info Appliances Included Unit2 Rental Amount 1050 Unit2 Tenant Pays ElectricInternet ServiceTV Service Unit3 Info Appliances Included Unit3 Rental Amount 750 Unit3 Tenant Pays ElectricInternet ServiceTV Service Unit4 Info Appliances Included Unit4 Rental Amount 750 Unit4 Tenant Pays ElectricInternet ServiceTV Service Utilities Other Water Source Public Zoning Mixed Use

Courtesy of Hughes Group Team 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 2024-04-22T12:53:00.693.
 
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553 Roosevelt highway suite 200
Colchester VT, 05446