Investment Opportunity, 8 units in 2 buildings on good size lot in a nice location, well maintained convenient to downtown for shopping , ski areas and lakes region , good rental history 100% occupancy, ample parking for tenants, five 2 bedrooms and three 1 bedrooms over $111k in gross income yearly, Cap Rate at the asking price is over 13%.
Closed
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with: Watson Realty & Associates
$585,000
189 N Main Street, Rutland City, VT 05701
13beds
5,000sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$117/sqft
$1,768 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,768/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: June 21, 2024 at 08:16am
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with:
Mike Kalil
Watson Realty & Associates
Source: PrimeMLS,MLS#: 4960591
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Oil, Baseboard, Hot Water
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Unfinished,Interior Entry
Interior area
- Total structure area: 6,200
- Total interior livable area: 5,000 sqft
- Finished area above ground: 5,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Off Street, On Site, Parking Spaces 6+
Features
- Levels: Two
- Frontage length: Road frontage: 50
Lot
- Size: 0.36 Acres
- Features: City Lot
Details
- Parcel number: 54017015456
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Exterior
- Foundation: Stone
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Cable Available
Community & neighborhood
Location
- Region: Rutland
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2024 | Sold | $585,000+4.5%$117/sqft |
Source:  PrimeMLS #4960591 | ||
| 3/22/2024 | Contingent | $560,000$112/sqft |
Source: PrimeMLS #4960591 | ||
| 12/19/2023 | Listed for sale | $560,000$112/sqft |
Source: PrimeMLS #4960591 | ||
| 12/14/2023 | Contingent | $560,000$112/sqft |
Source: PrimeMLS #4960591 | ||
| 11/9/2023 | Listed for sale | $560,000$112/sqft |
Source: PrimeMLS #4960591 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $234,100 |
| 2023 | -- | $234,100 |
| 2022 | -- | $234,100 |
Find assessor info on the county website
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.7 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.7 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.1 mi
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