- $315,000
- MLS#: 5052819
- 4
- # of Units
- 3,535
- Total Sq. Feet
- 0.25
- Acres
- $2,921
- Taxes
1 of 19
General Property Information
- Price:
- $315,000
- 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 good 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, some newer windows and siding, and also 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 10% cap rate all while having rents that have room to increase to match todays current market. 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:
- 49,200
- 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:Level,Major Road Frontage,Sidewalks,In Town,Near Golf Course,Near Shopping,Near Skiing,Near Public Transportatn,Near Hospital,Near School(s)
- Elementary School:
- West Rutland School
- Middle School:
- West Rutland School
- High School:
- West Rutland School
- Financing Details:
- Documents Available:
- Deed
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1100.00
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:
- 1200.00
Other Information
- List Date:
- 2025-07-22
- Last Updated:
