- $500,000
- MLS#: 5070530
- 7
- # of Units
- 5,653
- Total Sq. Feet
- 0.23
- Acres
- $7,210
- Taxes
1 of 5
General Property Information
- Price:
- $500,000
- County:
- VT-Rutland
- Acres:
- 0.23
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 7
- Agency/Brokerage:
- Mike Kalil
Watson Realty & Associates
Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.7%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income, gross yearly income is $122,400 with expenses at $33,789 , NOI is $78,508
Features
- Property Type:
- Multi-Family
- # of Units:7
- Subdivision Name:
- Year Built:
- 1915
- Parking:
- Road Frontage:
- 68
- Acres:0.23
- Gross Income:
- 122,400
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 5653
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 5653
- Land Description:City Lot
- Elementary School:
- West Rutland School
- Middle School:
- West Rutland School
- High School:
- Choice
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 1
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 2
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 4
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 5
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1250.00
Unit 6
- #Rooms:
- #Bedrooms:
- 3
- #Baths:
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1750.00
Unit 7
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1200.00
Other Information
- List Date:
- 2025-11-24
- Last Updated:
