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General Property Information
- Price:
- $434,000
- County:
- VT-Rutland
- Acres:
- 0.15
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 3
- Agency/Brokerage:
- Flex Realty Group
Flex Realty
Great investment property! This will likely be the best investment in your portfolio. This has an annual income of $51,600 with a net of $45,480 at list price and fully rented. Current rental income is $4,200/month with monthly expenses just over $500 plus your mortgage. You could have a return of around $11,000 annually. This is with a 10% down payment at current rates. Just image when the rates adjust and you refinance! The rented units have great tenants that have shown a good rental history over the years. This building has been very well maintained over the years and now offers low and easy maintenance costs and efforts. If you are looking to add a building to your investment portfolio rent out the larger unit and this building becomes an attractive investment. This property offers a great opportunity for either owner occupancy or as an investment. Connect with your local agent today and request a time to view this property!!
Features
- Property Type:
- Multi-Family
- # of Units:3
- Subdivision Name:
- Year Built:
- 1900
- Parking:
- Road Frontage:
- 0
- Acres:0.15
- Gross Income:
- 51,600
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 2840
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2840
- Land Description:City Lot,Corner
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1900.00
Unit 2
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1150.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1150.00
Other Information
- List Date:
- 2024-06-04
- Last Updated:
- 2024-07-10 23:53:00