Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.
Active
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Price cut: $25.1K (3/13)
$299,900
52 Chestnut Avenue, Rutland City, VT 05701
--beds
--baths
2,250sqft
Est.:
Multi Family
Built in 1899
-- sqft lot
$-- Zestimate®
$133/sqft
$-- HOA
What's special
One studio apartment
- 94 days
- on Zillow |
- 190 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2025 at 06:27am
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Source: PrimeMLS,MLS#: 5027565
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Full bathrooms: 1
Heating
- Oil, Baseboard, Hot Water
Cooling
- None
Features
- Basement: Unfinished,Walk-Up Access
Interior area
- Total structure area: 3,186
- Total interior livable area: 2,250 sqft
- Finished area above ground: 2,250
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
Lot
- Size: 5,663 Square Feet
- Features: City Lot
Details
- Parcel number: 54017014520
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Exterior
- Foundation: Brick/Mortar, Concrete
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Available, High Speed Intrnt -Avail
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $107,200
- Annual tax amount: $4,153
- Date on market: 1/24/2025
- Road surface type: Paved
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