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  • Listed by: 

    Mike Kalil,

    Watson Realty & Associates 802-773-3500

    Bought with: Watson Realty & Associates
    $350,000

    55 Prospect Street, Rutland City, VT 05701

    9beds
    3,591sqft
    Multi Family
    Built in 1864
    -- sqft lot
    $365,600 Zestimate®
    $97/sqft
    $1,559 Estimated rent

    Owner options

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    $1,559/mo

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    $1,559/mo

    Rent Zestimate®

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    $2,022/mo

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    $2,022/mo

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    What's special

    Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .

    Zillow last checked: 7 hours ago

    Listing updated: November 15, 2024 at 08:18am

    Listed by:

    Mike Kalil,

    Watson Realty & Associates 802-773-3500

    Bought with:

    Mike Kalil

    Watson Realty & Associates

    Source: PrimeMLS,MLS#: 5001759MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Propane, Oil, Hot Air, Wall Units
    Cooling
    • Wall Unit(s)
    Appliances
    • Included: Propane Water Heater, Oil Water Heater
    Features
    • Basement: Full,Exterior Stairs,Unfinished,Walk-Up Access
    Interior area
    • Total structure area: 4,391
    • Total interior livable area: 3,591 sqft
    • Finished area above ground: 3,591
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 5
    • Parking features: Gravel, Off Street, Parking Spaces 5, Unassigned, Unpaved
    Features
    • Levels: Two
    • Frontage length: Road frontage: 100
    Lot
    • Size: 9,148 sqft
    • Features: City Lot
    Details
    • Parcel number: 54017011223
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Asphalt Exterior, Vinyl Exterior
    • Foundation: Brick, Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1864

    Utilities & green energy

    • Electric: 100 Amp Service, 220 Plug, Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Rutland