40 Grant AvenueRutland City, VT 05701MLS Number 4865961

  • Price: $269,900
  • Est. Mortgage of $/month
  • 6 Days on Market
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$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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40 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 0570140 Grant Avenue Rutland City VT 05701
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  • 0.27Acreage
  • 5Bathrooms
  • 1900Year Built
  • 3,195Square Feet

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Listed by Hughes Group Team of Casella Real Estate
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.

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More Info

Basic Information

  • StatusACT
  • Property TypeMulti-Family
  • List Price$269,900
  • MLS Number4865961
  • MLS StatusActive

Property

  • Acreage0.27
  • Parking Spaces1
  • Square Feet3,195
  • APX Fin AG Sqft3,195
  • RoadsPaved, Public
  • Lot DescriptionCity Lot

Amenities

  • Exterior AmenitiesPorch

Other

  • Taxes$5,471
  • Seasonal Y/NNo
  • Unit 1 Deposit$700
  • Unit 2 Rent Amount$730
  • Unit 3 Rent Amount$600
  • Unit 4 Rent amount$600
  • Unit 5 Rent amount$600

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningMR
  • Flood Zone Y/NNo

Interior

  • FloorsCarpet, Tile, Vinyl

Exterior

  • ExteriorVinyl Siding
  • RoofSlate

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard, Hot Water
  • UtilitiesHigh Speed Intrnt -Avail, Telephone Available
  • WaterPublic
  • Water HeaterTank
  • ElectricCircuit Breaker(s)
  • SewerPublic

Building

  • Year Built1900
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units5
  • Unit 1 Bath1
  • Unit 1 Bedrooms1
  • Unit 1 Total Rooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms1
  • Unit 2 Total Rooms3
  • Unit 3 Bath1
  • Unit 3 Bedrooms1
  • Unit 3 Total Rooms3
  • Unit 4 Bath1
  • Unit 4 Total Rooms3
  • Unit 5 Baths1
  • Unit 5 Bedrooms1
  • # of 1 Bedrooms5
  • Bathroom5
  • Total Baths5
  • BasementUnfinished
  • FoundationStone
TPW Real Estate - Ludlow
TPW Real Estate - Ludlow
Office: 802-228-9400
207 Main Street
Ludlow, VT 05149
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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 16, 2021.

 

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