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Courtesy of Betsy Adamovich of Casella Real Estate: .

78 Traverse Place

Rutland City, VT 05701
  • $440,000
  • STATUS: Active
  • ON SITE: 54 Days
  • MLS #: 4980959
UPDATED: 85 min ago
$440,000
  • 9
    BEDS
  • 0.12
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,560
    SQFT
  • $124
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1 efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate"a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.

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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 2024-02-22T09:07:19.073.
www.livingvermont.com/homes/146270673
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78 Traverse Place Rutland City, VT 05701

  • Price: $440,000
  • Status: Active
  • On Site: 54 Days
  • Updated: 85 min ago
  • MLS #: 4980959
9
Beds
5
Baths
0
½ Baths
0.12
Acres
3,560
SQFT
$124
$/SQFT
1900
Built
County:
Rutland
Area:
Rutland City
Property Description
RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1 efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate"a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.
Exterior Features

Construction Wood Frame Driveway Gravel Exterior Wood Has Garage No Lot Description City Lot Parking Off Street Road Frontage TBD Roads PavedPublic Roof Shingle - Asphalt Style Apartment BuildingMulti-Family

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 2 Unit4 Baths 1 Unit5 Baths 1 Water Heater Off Boiler

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 68100 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 5444.04 Tax Year 2023 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 3 Total3 Plus Bed Units 1 Unit1 Info Range - ElectricRefrigerator Unit1 Rental Amount 1200 Unit1 Tenant Pays ElectricInternet ServiceTV Service Unit2 Info Range - ElectricRefrigerator Unit2 Rental Amount 1250 Unit2 Tenant Pays ElectricInternet ServiceTV Service Unit3 Info Range - ElectricRefrigerator Unit3 Rental Amount 1635 Unit3 Tenant Pays ElectricInternet ServiceTV Service Unit4 Info Range - ElectricRefrigerator Unit4 Rental Amount 1100 Unit4 Tenant Pays ElectricInternet ServiceTV Service Unit5 Info Range - ElectricRefrigerator Unit5 Rental Amount 1150 Unit5 Tenant Pays ElectricInternet ServiceTV Service Utilities Cable - AvailableHigh Speed Intrnt -AvailTelephone Available Water 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 2024-02-22T09:07:19.073.
 
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