List Price: $299,900 | $133 per sq.ft. Multi Family
Price Change! Reduced by $25,100 down 8% on March 13th 2025
A 5 Unit Multi Family Home
With 4 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Listed Friday Jan 24, 2025 | MLS# 5027565
52 Chestnut Avenue Rutland City VT
Listed by Mike Kalil Watson Realty & Associates
Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%. Operating Expenses : Heat,Insurance,Maintenance,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses

Taxes: $4,153
Income
Gross Income | $56,940
NetIncome | $37,262
Construction: Wood Frame | Vinyl Exterior
Year Built: 1899
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3186
Above Grade Sq.Ft.: 2250
Basement: Unfinished
Foundation: Brick | Concrete
Roof: Shingle - Asphalt
Seasonal: No
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Telephone Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.13 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel


Taxes $4,153
Assesed Value Not Reported
Schools

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