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  • Listed by: 

    Hughes Group Team,

    Casella Real Estate 802-772-7487

    $540,000

    425-435 Pleasant Street, West Rutland, VT 05777

    11beds
    4,911sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $607,600 Zestimate®
    $110/sqft
    $2,341 Estimated rent

    What's special

    A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two spacious three-bedroom units. With a total of six units, there's significant income potential for investors. Additionally, the presence of five storage units in the basement offers the possibility of additional rental income or amenities for tenants and being that it is a walk out basement there is also enough space to add a seventh unit if permitting allows. Both buildings are equipped with electric heating systems, ensuring that tenants cover all utility expenses. This setup simplifies management and enhances profitability for the owner. The two three-bedroom units in the second building are both vacant and have recently undergone renovations, offering a turnkey opportunity for immediate owner occupancy or tenant placement after closing. Don't miss out on this exceptional investment opportunity.

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2024 at 10:44am

    Listed by:

    Hughes Group Team,

    Casella Real Estate 802-772-7487

    Bought with:

    Patrick Sady

    Four Corner Properties LLC

    Source: PrimeMLS,MLS#: 4990171MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Electric
    Cooling
    • None
    Features
    • Flooring: Carpet, Laminate, Vinyl
    • Basement: Full,Unfinished,Walk-Up Access
    Interior area
    • Total structure area: 7,556
    • Total interior livable area: 4,911 sqft
    • Finished area above ground: 4,911

    Property

    Parking
    • Parking features: Paved
    Features
    • Levels: Two
    Lot
    • Size: 0.47 Acres
    • Features: Other
    Details
    • Zoning description: unknown

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame
    • Foundation: Concrete, Marble, Stone
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Other, High Speed Intrnt -Avail

    Community & neighborhood

    Location
    • Region: West Rutland
    Services availability
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