997 US Route 4 EastRutland Town, VT 05701MLS Number 4886610

  • Price: $330,000
  • 8 Days on Market
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Federal 30-year interest rate: 3.05% last updated on Oct 14, 2021
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997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701997 US Route 4 East Rutland Town VT 05701
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  • 2Acreage
  • 1832Year Built
  • 2,589Square Feet

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Listed by Darcy Handy of RE/MAX North Professionals
So many opportunities await! This 2 acre property could be used for many different options - a family residence, rental/investment property, a Bed & Breakfast, AirBnB or storage. Take advantage of the 500' of road frontage and the close proximity to both Pico (7 minutes) and Killington (17 minutes), as well as the bus stop to Killington right on the corner. The main house features 2,670 sq ft, and includes 6 brs and 2 baths, including 1 that is handicap accessible. Updates include a new oil-fired steam boiler, new chimney, and a new metal roof in 2017. Original wood work and wood floors give this house an amazing amount of potential and charm. The house needs some TLC but has so many possibilities and would bring excellent rental income! The additional buildings include a Cabin/Tiny home that was totally renovated in 2018/19. It's ready to be lived in or used as an income-producing property for you as you renovate the other buildings. The 400-sq ft cabin has a Lifeproof floor, fully equipped kitchen, storage loft, and separate utilities. The former 4-5 unit motel could likely be remodeled into 2 one-bedroom apartments, or even storage units. Tons of potential - creativity and time need to make it amazing. The rustic 20'x30' 3-bay barn could be used for storage or remodeled into a huge workshop or utilized in a multitude of other ways. Sitting on 2 flat acres with plenty parking location really is key for this property, located just below Mendon in Rutland Town.

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Basic Information

  • StatusACT
  • Modification Date10/13/2021
  • TypeHospitality, Investment, Multi-Family
  • List Price$330,000
  • Broker NameRE/MAX North Professionals
  • Listing Agent NameDarcy Handy
  • Lister Office NameRE/MAX North Professionals
  • MLS Number4886610
  • MLS StatusActive

Location

  • Building Number997
  • StreetUS Route 4 East
  • TownRutland Town
  • StateVT
  • Zip05701
  • CountyRutland

Property

  • Acreage2
  • Parking Spaces
  • Property TypeCommercial Sale
  • Lot Sqft87,120
  • Road Frontage484

Building

  • Year Built1832
  • ConstructionWood Frame
  • NumberOfUnitsInCommunity1
  • FoundationStone
  • Square Feet2,589
  • BasementUnfinished
  • Garage Spaces

Exterior

  • ExteriorWood Siding
  • RoofMetal

Utilities

  • FuelElectric, Oil
  • Heating CoolingBaseboard, Electric, Hot Water
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 October 19, 2021.

 

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