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40 Grant Avenue, Rutland City, VT 05701 (MLS # 4865961)

Posted by lpp_wpAdmin on | | 0
Listing provided by Hughes Group Team, Casella Real Estate

Price $269,900
Status Active
Beds 0
Baths 0 Bath
Home size 3,195 sqft
Lot Size 11,762 sqft
Days on Market 8
Here is a great 5 unit multi family in Rutland City that has been very well maintained over the years. All units have 1 bedroom with a kitchen, living room, and full bathroom. The property offers plenty of off street parking, a detached garage, and is vinyl sided for easy maintenance. Conveniently located within walking distance to downtown. The property currently has a CAP rate of just under 8%, but all units are below market rent and with even just a $50 increase per month for each unit the CAP rate would rise to above 9%. This is a great investment opportunity that will not last long.
Property Type(s): Multi Family
Last Updated 6/10/2021 Year Built 1900
Garage Spaces 1.0 County Rutland

Additional Details

AIR None
BASEMENT Unfinished, Yes
CONSTRUCTION Vinyl Siding
EXTERIOR Porch
GARAGE Detached, Yes
HEAT Oil
LOT 0.27 acre(s)
LOT DESCRIPTION City Lot
SEWER Public
STORIES 2
STYLE Multi-Family
TAXES 5470.64
UTILITIES Circuit Breaker(s)
WATER Public
ZONING MR

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Data last updated 6/17/21 12:40 PM PDT


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