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General Property Information
- Price:
- $350,000
- County:
- VT-Rutland
- Acres:
- 0.21
- Property Type:
- Multi-Family
- Property Status:
- Under Contract
- # of Units:
- 4
- Agency/Brokerage:
- Mike Kalil
Watson Realty & Associates
Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1864
- Parking:
- Road Frontage:
- 100
- Acres:0.21
- Gross Income:
- 72,564
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 4
- Sq Ft (Above Ground):
- 3591
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3591
- Land Description:City Lot
- Elementary School:
- Northwest Primary School
- Middle School:
- Rutland Middle School
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1584.00
Unit 2
- #Rooms:
- #Bedrooms:
- 3
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 1717.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- 2
- Unit Style:
- Monthly Rent:
- 1346.00
Unit 4
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- 1
- Unit Style:
- Monthly Rent:
- 1400.00
Other Information
- List Date:
- 2024-06-20
- Last Updated:
- 2024-06-27 13:05:16