Rutland Town, VT | 234 Simons Avenue

$350,000
MLS#: 5007582
4
# of Units
3,964
Total Sq. Feet
0.36
Acres
$0
Taxes
1 of 6

General Property Information

Price:
$350,000
County:
VT-Rutland
Acres:
0.36
Property Type:
Multi-Family
Property Status:
Active
# of Units:
4
Agency/Brokerage:
Leo Pond
Blue Ridge Real Estate

Investment Opportunity! Discover this charming multifamily property, a rare gem with fantastic potential in the thriving Rutland area. This property boasts multiple units, each offering a unique opportunity to renovate or update to your specifications, allowing you to truly make it your own. Whether you're looking to flip the units for a quick profit or upgrade them to increase long-term rental income, the possibilities are endless. The existing layout is functional and appealing, making it easy to keep the current tenants and enjoy steady rental income without immediate renovations. The property's location is ideal, situated in a high-demand rental market with a strong potential for future appreciation. Plus, Rutland Town taxes may provide additional savings, enhancing the overall investment appeal. This is a versatile investment that caters to various strategies, whether you're an experienced investor or just starting out. Don't miss out on this opportunity—more photos available upon inquiry. All units have tenants in place.

Features

Property Type:
Multi-Family
# of Units:4
Subdivision Name:
Year Built:
1890
Parking:
Road Frontage:
20
Acres:0.36
Gross Income:
35,400
Annual Expenses:
0
# of Gas Meters:
# of Electric Meters:
0
Sq Ft (Above Ground):
3964
Sq Ft (Below Ground):
0
Total Sq Ft:
3964
Land Description:Street Lights
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:

Unit Information

Unit 1

#Rooms:
0
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
725.00

Unit 2

#Rooms:
#Bedrooms:
1
#Baths:
1
Sq. Ft.:
0
Floor:
Unit Style:
Monthly Rent:
725.00

Unit 3

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

Unit 4

#Rooms:
#Bedrooms:
1
#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:
2024-07-31
Last Updated:
2024-07-31 22:52:11

Stowe Office

Joni Gaines

(P) 802.253.9771
(F) 802.253.9993
email

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