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Listing courtesy of PRIME_MLS / Mike Kalil / Watson Realty & Associates

166 State

Rutland City, VT 05701

– beds
– baths
3,018 sqft
9,148 sqft lot
$107 per sqft
1910 build
– on site

Great investment opportunity, 5 rental units,3 one bedroom and 2 two bedrooms on a lot with plenty of parking , gross yearly income is $54,000 with potential for more, expenses $ 22418, net yearly income is just over $31K rents are somewhat bellow market value, low expenses this building has been maintained well.

Listing courtesy of PRIME_MLS / Mike Kalil / Watson Realty & Associates

Last checked: Checking… • Last updated Aug 23, 2024 •

MLS# 5006121 —

The Building

Year Built:

1910
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame
Architectural Style:

Multi-Family
Roof:

Slate
Foundation:

Marble, Stone
Total Stories:

2
Total Units:

5
Approx SqFt Total:

3218
Approx SqFt Total Finished:

3,018 Sqft
Approx SqFt Finished Above Grade:

3,018 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Below Grade:

200
Approx SqFt Unfinished Building Source:

Owner
Approx SqFt Finished Above Grade Source:

Owner

Interior

Basement:

Yes
Basement Description:

Apartments, Walkout
Basement Access Type:

Interior
Room 5 Type:

Leased

Location

Latitude:

43.608550073676000
Longitude:

-72.988555542327873

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

9,148 Sqft
Lot Acres:

0 Sqft
Zoning:

Residential
Driveway:

Gravel
Roads:

Public
Road Frontage:

Yes
Road Frontage Length:

52 Sqft
Flood Zone:

Yes
Lot Features:

City Lot

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Taxes TBD:

No
Tax - Gross Amount:

$4,979.04

Beds

Total 2 Bedroom Units:

2

Baths

Total Full Baths:

5
Full Baths Size:

0 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

107.69
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Baseboard, Radiator
Heat Fuel:

Oil
Total Heat Units:

1

Utilities

Utilities:

Cable, Phone
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public

Appliances

Total Refrigerators:

5

The Community

Condo Name:

Monthly
Covenants:

No

Extra Units

Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

1
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 5 Bedrooms:

1
Unit 5 Baths:

1

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Sale history

Date	Event	Source	Price	% Change
8/23/24 Aug 23, 2024	Price Changed	PRIME_MLS	$325,000	-7.1%
7/22/24 Jul 22, 2024	Listed / Active	PRIME_MLS	$350,000
4/15/24 Apr 15, 2024	Listed / Active	PRIME_MLS

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This multifamily located in Rutland, VT 05701 is currently for sale for $325,000. 166 State is a 3,018 square foot multifamily with – beds and – baths that has been on Estately for 107 days. This multifamily is in the attendance area of Rutland Senior High School, Rutland Intermediate School, and Rutland Middle School.

Listing Courtesy of: PRIME_MLS and Watson Realty & Associates.

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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.