Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%. this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .
Closed
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with: Watson Realty & Associates
$396,000
106 Library Avenue, Rutland City, VT 05701
--beds
--baths
4,500sqft
Multi Family
Built in 1988
-- sqft lot
$-- Zestimate®
$88/sqft
$1,920 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,920/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 09:27am
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with:
Mike Kalil
Watson Realty & Associates
Source: PrimeMLS,MLS#: 5041822
Facts & features
Interior
Heating
- Oil, Baseboard, Hot Water
Cooling
- None
Features
- Basement: Walk-Out Access
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
- Finished area above ground: 4,500
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: 3
- Frontage length: Road frontage: 60
Lot
- Size: 8,276 sqft
- Features: City Lot
Details
- Parcel number: 54017017610
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & neighborhood
Location
- Region: Rutland
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Sold | $396,000-26.7%$88/sqft |
Source:  PrimeMLS #5041822 Report a problem | ||
| 6/28/2024 | Listing removed | -- |
Source: PrimeMLS #4988183 Report a problem | ||
| 3/15/2024 | Listed for sale | $540,000$120/sqft |
Source: PrimeMLS #4988183 Report a problem | ||
| 3/14/2024 | Listing removed | -- |
Source: PrimeMLS #4980961 Report a problem | ||
| 12/29/2023 | Listed for sale | $540,000+131.8%$120/sqft |
Source: PrimeMLS #4980961 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $237,300 |
| 2023 | -- | $237,300 |
| 2022 | -- | $237,300 |
Find assessor info on the county website
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.2 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.2 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.6 mi
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- Vermont
- Rutland County
- Rutland
- 05701
- Rutland City
- 106 Library Avenue