$530,000 Price Analysis    ♡   Rutland, VT 05701 Unknown bed None bath 2,488 SqFt ($213/SqFt) 5,663SqFt lot. Built 1920 Listed 2024-03-15, Taxes $5,077 | ✓ USDA Eligible near Rutland, VT Restrictions may apply due to home size |
RUTLAND CITY
VT An outstanding investment opportunity awaits at this well-positioned property featuring a total of 6 units. Comprising 1 efficiency unit and 5 1-bedroom units, this building is a testament to smart investment choices. 5 of the 6 units are currently rented, contributing to a consistent and healthy cash flow. The property's success in generating good income is a reflection of its appeal to tenants. What distinguishes 77 School St is its convenient location, providing easy access to local amenities, schools and public transportation. This advantageous positioning not enhances the lifestyle for tenants but also adds a layer of long-term appeal to the property. 77 School St is a prime investment in Rutland's real estate scenea property with 6 units, all but ne currently rented and generating fantastic income. Don't miss out on this rare opportunity!
Secure a property that not promises financial success but also stands as a testament to smart and lucrative investment choices. Listing price offers a 9.4% cap rate for this property. 4 other investment properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties. Will not consider creative financing.
Presented by Betsy Adamovich at
Real Broker LLC.
Property MLS #4988079 from PrimeMLS
Heating Fuel: Oil
Parking Features: Parking: Driveway, Paved
Lot Size Square Feet: 5663
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit 1 Total Actual Rent: 996
Unit 2 Total Actual Rent: 1150
Unit 3 Total Actual Rent: 951
Unit 4 Total Actual Rent: 1046
Unit 5 Total Actual Rent: 1150
Unit 6 Total Actual Rent: 996
County: VT-Rutland
Source Property Type: Multi-Family
Zoning: mixed residential
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2021 | $84,400 + $60,800 $145,200 | $5,077 |
| 2020 | $84,400 + $60,800 $145,200 | $5,031 |
| 2019 | $84,400 + $60,800 $145,200 | $4,907 |
| 2018 | $84,400 + $60,800 $145,200 | $4,914 |
| 2017 | $84,400 + $60,800 $145,200 | $4,575 |
| 2016 | $84,400 + $60,800 $145,200 | $4,561 |
| 2015 | $84,400 + $60,800 $145,200 | $4,576 |
| 2012 | $84,400 + $60,800 $145,200 | $4,224 |
| 2011 | $84,400 + $60,800 $145,200 | $4,252 |
$530,000
PrimeMLS
Listing removed 2024-03-15
$0
PrimeMLS
Listed 2023-12-29
$530,000
PrimeMLS
Sold 2006-05-19
$115,000
Public Record
Sold 1988-06-14
$130,000
Public Record
Sold 1987-12-23
$99,500
Public Record
Year Built: 1920
Above Grade Finished Area: 2488
Below Grade Unfinished Area: 1244
Construction Materials: Wood Frame, Vinyl Exterior
Foundation Details: Concrete
Property Age: 104
Property Condition: Existing
Roof: Metal, Shingle
Levels or Stories: 2
Total Area Sqft: 3732
Architectural Style: Multi-Family
Sewer: Public
Cable - Available, Telephone Available
Electric Company: GMP
Fuel Company: Keyser
Water Source: Public
Map directions Map directions Map directions Map directions
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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.