West Rutland, VT | 230 Marble Street

$280,000
MLS#: 4989348
4
# of Units
3,535
Total Sq. Feet
0.25
Acres
$2,681
Taxes
1 of 20

General Property Information

Price:
$280,000
County:
VT-Rutland
Acres:
0.25
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
Agency/Brokerage:
Hughes Group Team
Casella Real Estate

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!

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1900
Parking:
Road Frontage:
150
Acres:0.25
Gross Income:
42,000
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
4
Sq Ft (Above Ground):
3535
Sq Ft (Below Ground):
0
Total Sq Ft:
3535
Land Description:Mountain View
Elementary School:
West Rutland School
Middle School:
West Rutland School
High School:
West Rutland School
Financing Details:
Documents Available:
Deed,Property Disclosure

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
950.00

Unit 2

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
1050.00

Unit 3

#Rooms:
#Bedrooms:
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
750.00

Unit 4

#Rooms:
#Bedrooms:
2
#Baths:
1
Sq. Ft.:
Floor:
Unit Style:
Monthly Rent:
750.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2024-03-27
Last Updated:
2024-09-09 16:07:55

Stowe Village Office

Teresa Merelman

(P) 802.253.1806
(F) 802.253.1807
email

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