$315,000 Price Analysis    ♡   West Rutland, VT 05777 8 bed 4 bath 3,535 SqFt ($89/SqFt) 0.25 acre lot. Built 1900 Listed 2024-03-27, Taxes $2,450 | ✓ USDA Eligible near Clarendon, VT Restrictions may apply due to home size |
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This multifamily provides the perfect blend of charm, convenience and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, big apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates and close proximity to skiing, laks, golf courses and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike.
Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearl y a 9% cap rate all while having rents well below current market value. Give us a call today!
Presented by Hughes Group Team at
Casella Real Estate.
Property MLS #4989348 from PrimeMLS
Total Refrigerators: 4
Heating Fuel: Gas - LP/Bottle
Frontage Length: 150
Road Frontage Type: Yes
Roads: Paved, Public
Parking Features: Parking: Driveway, On-Site
Lot Size Square Feet: 10890
High School: West Rutland School
Middle School: West Rutland School
School District: Greater Rutland County Supervisory Union
Map directions Map directionsBedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Unit 1 Total Actual Rent: 950
Unit 2 Total Actual Rent: 1050
Unit 3 Total Actual Rent: 750
Unit 4 Total Actual Rent: 750
Source Listing Status: Active
County: VT-Rutland
Directions: Right Hand Side of Marble Street Past Thrall Avenue.
Source Property Type: Multi-Family
Number of Separate Electric Meters: 4
Property Location: In Town, Near Golf Course, Near Shopping, Near Skiing
Zoning: Mixed Use
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $65,800 + $42,000 $107,800 | $2,450 |
| 2020 | $65,800 + $42,000 $107,800 | $2,429 |
| 2019 | $65,800 + $42,000 $107,800 | $2,231 |
| 2018 | $132,800 + $35,000 $167,800 | $3,689 |
| 2017 | $132,800 + $35,000 $167,800 | $3,757 |
| 2016 | $132,800 + $35,000 $167,800 | $3,620 |
| 2015 | $132,800 + $35,000 $167,800 | $unknown |
| 2015 | $132,800 + $35,000 $167,800 | $3,627 |
| 2014 | $132,800 + $35,600 $168,400 | $unknown |
| 2012 | $132,800 + $35,600 $168,400 | $3,445 |
| 2011 | $132,800 + $35,600 $168,400 | $3,496 |
$315,000
PrimeMLS
Sold 2020-07-08
$74,000
Public Record
Listing removed 2020-07-02
$0
PrimeMLS
Listed 2020-01-07
$96,000
PrimeMLS
Listing removed 2020-01-06
$0
PrimeMLS
Listing removed 2018-01-04
$103,900
PrimeMLS
Price Changed 2017-11-02
$96,000
PrimeMLS
Listed 2017-01-10
$103,900
PrimeMLS
Listing removed 2012-12-13
$134,500
PrimeMLS
Relisted 2012-10-02
$134,900
PrimeMLS
Listing removed 2012-08-29
$139,900
PrimeMLS
Listed 2012-06-16
$139,900
PrimeMLS
Listing removed 2012-01-11
$149,900
PrimeMLS
Listed 2011-06-14
$149,900
PrimeMLS
Listing removed 2011-01-13
$150,000
PrimeMLS
Listing removed 2010-05-27
$180,000
Vermont
Listed 2010-05-24
$150,000
PrimeMLS
Listed 2010-01-13
$180,000
Vermont
Sold 2005-10-24
$135,000
Public Record
Year Built: 1900
Above Grade Finished Area: 3535
Below Grade Unfinished Area: 1000
Construction Materials: Wood Frame
Foundation Details: Stone
Property Age: 124
Property Condition: Existing
Roof: Membrane
Levels or Stories: 2
Total Area Sqft: 4535
Architectural Style: Multi-Family
Sewer: Public
Electric Company: GMP
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.