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Pending
  • Listed by: 

    Miffy Liao,

    Watson Realty & Associates 802-773-3500

    $4,080,000

    35 Evergreen Street, Rutland City, VT 05701

    --beds
    --baths
    2,500sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $1,632/sqft
    $-- HOA

    What's special

    Great opportunity for investors, A package of 60 rental units , Consists of 13 multifamily buildings, all in Rutland City in close proximity to each other, All units have certificate of occupancies, Great rental history, This property produces over $873k in gross rent, The net cap rate is over 14.5% , The net income is over $596k per year, Not including management fee or vacancy rates, The current owner have owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency .
    102 days
    on Zillow
    |
    28
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: February 12, 2025 at 07:08am

    Listed by:

    Miffy Liao,

    Watson Realty & Associates 802-773-3500

    Source: PrimeMLS,MLS#: 5028938MLS Logo
    Travel times

    Facts & features

    Interior

    Heating
    • Baseboard, Forced Air
    Cooling
    • None
    Features
    • Basement: Full,Interior Entry
    Interior area
    • Total structure area: 3,700
    • Total interior livable area: 2,500 sqft
    • Finished area above ground: 2,500

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Frontage length: Road frontage: 100
    Lot
    • Size: 0.25 Acres
    • Features: City Lot
    Details
    • Parcel number: 54017011380
    • Zoning description: residential

    Construction

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

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable, Phone, Internet - Cable

    Community & HOA

    Location
    • Region: Rutland

    Financial & listing details

    • Price per square foot: $1,632/sqft
    • Tax assessed value: $140,700
    • Annual tax amount: $5,877
    • Date on market: 2/10/2025
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