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  • Listed by: 

    Morgan Medeiros,

    Casella Real Estate 802-772-7487

    $380,000

    33 Cottage Street, Rutland City, VT 05701

    7beds
    8,685sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $455,700 Zestimate®
    $44/sqft
    $-- HOA

    What's special

    Investors take notice! This 9,000+ square foot brick building has been rezoned for 9 residential units with nine separate electric meters. Four units are move-in ready with two units close behind in renovation work. The final three units can be constructed from the spacious first floor. The seller has kept the building vacant during renovation work so the new owners have the ability to fill units with tenants of their choosing. Off street paved parking lot for 18 cars. All units can be accessed through the main entrance and interior stairwell as well as two fire escapes that serve the upper floors. The basement is half finished with the option to be converted to coin-op laundry and storage closets. Newer oil-fired steam boiler that serves the whole building. Major plumbing and electrical upgrades done for the upper levels. With recently renovated apartments, plenty of off-street parking and easy access to downtown amenities this building has fantastic income potential! Showings begin 5/25/23.

    Zillow last checked: 7 hours ago

    Listing updated: February 01, 2024 at 10:30am

    Listed by:

    Morgan Medeiros,

    Casella Real Estate 802-772-7487

    Bought with:

    Casella Real Estate

    Source: PrimeMLS,MLS#: 4953789MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    • Full bathrooms: 5
    Heating
    • Steam, Oil
    Cooling
    • None
    Features
    • Basement: Concrete Floor,Dirt,Partially Finished,Storage Space,Interior Access,Exterior Entry,Stairs - Basement,Interior Entry
    Interior area
    • Total structure area: 9,335
    • Total interior livable area: 8,685 sqft
    • Finished area above ground: 8,035

    Property

    Parking
    • Parking features: Paved, Driveway, Off Street, Parking Spaces 11 - 20
    • Has uncovered spaces: Yes
    Features
    • Levels: 3
    • Frontage length: Road frontage: 80
    Lot
    • Size: 9,583 sqft
    • Features: City Lot
    Details
    • Zoning description: Unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Brick Exterior
    • Foundation: Brick/Mortar, Fieldstone, Marble
    • Roof: Membrane,Shingle - Asphalt
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Other
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Gas - LP/Bottle, Fiber Optic Internt Avail

    Community & neighborhood

    Location
    • Region: Rutland

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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