100-102 Gibson Avenue Rutland City VT Multi Family For Sale $595000

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Call 802-295-1355

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100-102 Gibson Avenue Rutland City VT
Listed by Max Walker Watson Realty & Associates

Description:

Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on Saturday (4/19).

Annual Expenses

Taxes: $9,810

Income

Unit Information:

UNIT 1

Beds: 2
Baths: 1
Rooms: 0
Rent : 1475.00 Monthly

UNIT 2

Beds: 2
Baths: 0
Rooms: 0
Rent : 1475.00 Monthly

UNIT 3

Beds: 2
Baths: 0
Rent : 1475.00 Monthly

UNIT 4

Beds: 2
Baths: 0
Rent : 1100.00 Monthly

UNIT 5

Beds: 1
Baths: 0
Rooms: 0
Rent : 1100.00 Monthly

Construction Information:

Construction: Wood Frame | Wood Exterior
Year Built: 1884
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7876
Above Grade Sq.Ft.: 4774
Basement: Concrete Floor | Unfinished
Foundation: Fieldstone

Roof: Slate
Seasonal: No

Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public

Land Information
City Lot
Lot size: 0.9 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Gravel

Additional Information

Taxes $9,810
Assesed Value Not Reported

Schools
School District: Rutland City School District

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