166 State
Rutland City, VT 05701
- – beds
- – baths
- 2,700 sqft
- 9,148 sqft lot
- $103 per sqft
- 1910 build
- – on site
Investor Opportunity in Rutland City! 166 State Street is a 5-unit multifamily property with a strong rental history and solid numbers. With a gross annual income of $54,000 and expenses currently at $24,552, this property nets $29,448 annually—offering a 10.55% cap rate at the asking price. Rents are currently below market, presenting immediate potential for increased returns. Expenses could also be streamlined for even better performance. Whether you're looking to expand your portfolio or dive into multi-unit investing, this one is well worth a look. Motivated seller—bring your offers and let’s make a deal!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Apr 14, 2025
•
MLS# 5036190 —
The Building
-
Year Built:1910
-
Pre-Construction:No
-
Construction Status:Existing
-
Construction Materials:Wood Frame
-
Architectural Style:Multi-Family
-
Roof:Slate
-
Foundation:Stone
-
Total Stories:2
-
Total Units:5
-
Approx SqFt Total:3200
-
Approx SqFt Total Finished:2,700 Sqft
-
Approx SqFt Finished Above Grade:2,100 Sqft
-
Approx SqFt Finished Below Grade:600 Sqft
-
Approx SqFt Unfinished Below Grade:500
-
Approx SqFt Finished Building Source:Estimated
-
Approx SqFt Unfinished Building Source:Estimated
-
Approx SqFt Finished Above Grade Source:Estimated
-
Road Frontage Type:Paved, Public
Interior
-
Basement:Yes
-
Basement Description:Partially Finished
-
Basement Access Type:Interior
-
Room 5 Type:Month to Month
Location
-
Latitude:43.608526768420496
-
Longitude:-72.988630644180290
The Property
-
Property Class:Multi-Family
-
Seasonal:No
-
Lot Features:City Lot, Sidewalks, In Town, Near Shopping, Near Skiing, Near Public Transportatn, Near Hospital, Near School(s)
-
Lot SqFt:9,148 Sqft
-
Lot Acres:0 Sqft
-
Zoning:industrial
-
Driveway:Gravel
-
Flood Zone:Land Only
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Year:2025
-
Taxes TBD:No
-
Tax - Gross Amount:$5,412.40
Baths
-
Full Baths Size:0 Sqft
-
Unit 1 Baths:1
-
Unit 2 Baths:1
The Listing
-
Price Per SqFt:103.33
-
Foreclosed/Bank-Owned/REO:No
Heating & Cooling
-
Heating:Baseboard
Utilities
-
Utilities:Cable - Available, Telephone Available
-
Sewer:Public
-
Electric:Circuit Breaker(s)
-
Water Source:Public
The Community
-
Condo Name:Monthly
-
Covenants:Unknown
Extra Units
-
Unit 1 Bedrooms:1
-
Unit 2 Bedrooms:1
-
Unit 3 Bedrooms:1
-
Unit 3 Baths:1
-
Unit 4 Bedrooms:1
-
Unit 4 Baths:1
-
Unit 5 Bedrooms:1
-
Unit 5 Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/14/25
Apr 14, 2025
|
Listed / Active | PRIME_MLS | $279,000 | |
|
11/7/24
Nov 7, 2024
|
Price Changed | PRIME_MLS | ||
|
8/23/24
Aug 23, 2024
|
Price Changed | PRIME_MLS |
