List Price: $300,000 | $76 per sq.ft. Multi Family
Price Change! Reduced by $50,000 down 17% on September 18th 2024
A 4 Unit Multi Family Home
With 3 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units Listed Wednesday Jul 31, 2024 | MLS# 5007582


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. Operating Expenses : Maintenance,Other,Snow Removal
Annual Expenses

Taxes: $0
Income
Gross Income | $35,400
NetIncome | $33,072

UNIT 1

Beds: 1
Baths: 1
Rooms: 0
Tenant Pays : All Utilities
Rent : 725.00 Monthly
Lease Term : Other
Signed Lease : Yes
Status : Leased

UNIT 2

Beds: 1
Baths: 1
Rooms: 0
Tenant Pays : All Utilities
Rent : 725.00 Monthly
Lease Term : Other
Signed Lease : Yes
Status : Leased

UNIT 3

Beds: 1
Baths: 1
Tenant Pays : All Utilities
Rent : 750.00 Monthly
Lease Term : Other
Signed Lease : Yes
Status : Owner Occu

UNIT 4

Beds: 1
Baths: 1
Tenant Pays : All Utilities
Rent : 750.00 Monthly
Lease Term : Other
Status : Leased
Construction: Wood Frame | Wood Siding
Year Built: 1890
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 6016
Above Grade Sq.Ft.: 3964
Basement: Storage Space | Unfinished
Foundation: Concrete
Roof: Slate
Seasonal: No
Heating: Forced Air
Cooling: Other
HeatFuel: Oil
Electric: Circuit Breaker(s)
Utilities: Cable | Other | Phone
Electric Meters:
Water: Public
Sewer: Public
Land Information
Street Lights
Lot size: 0.36 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: Unknown
Roads: Paved | Public
Road Frontage: 20
Driveway: Dirt | Gravel


Taxes $0
Assesed Value Not Reported
Schools

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565 Maple Street, White River Junction, Vermont. 05001 802-295-1355
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