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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
- List Date:
- 2024-07-31
- Last Updated:
- 2024-07-31 22:52:11