230 Marble
West Rutland, VT 05777
- – beds
- – baths
- 3,535 sqft
- 10,890 sqft lot
- $79 per sqft
- 1900 build
- – on site
Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!
Last checked:
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Last updated Sep 9, 2024
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MLS# 4989348 —
The Building
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Year Built:1900
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame
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Architectural Style:Multi-Family
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Roof:Membrane
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Foundation:Stone
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Total Stories:2
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Total Units:4
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Approx SqFt Total:4535
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Approx SqFt Total Finished:3,535 Sqft
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Approx SqFt Finished Above Grade:3,535 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade Source:Public Records
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Approx SqFt Unfinished Below Grade:1000
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Approx SqFt Finished Building Source:Public Records
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Approx SqFt Unfinished Building Source:Estimated
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Approx SqFt Finished Above Grade Source:Public Records
Interior
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Basement:Yes
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Basement Description:Crawl Space, Unfinished
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Basement Access Type:Walkout
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Flooring:Hardwood, Laminate, Tile
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Room 5 Type:Month to Month
Location
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Directions:Right Hand Side of Marble Street Past Thrall Avenue.
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Latitude:43.597743618893332
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Longitude:-73.049186915344237
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot SqFt:10,890 Sqft
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Lot Acres:0 Sqft
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Zoning:Mixed Use
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Exterior Features:Barn
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Driveway:Common/Shared, Gravel
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Roads:Paved, Public
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Road Frontage:Yes
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Road Frontage Length:150 Sqft
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Water View:No
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Water Body Access:No
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Waterfront:No
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Lot Features:Mountain View
Listing Agent
- Contact info:
- Office phone:
- (802) 772-7487
Taxes
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Tax Year:23
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Taxes TBD:No
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Tax - Gross Amount:$2,680.65
Beds
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Total 2 Bedroom Units:4
Baths
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Total Full Baths:4
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Unit 1 Baths:1
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Unit 2 Baths:1
The Listing
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Price Per SqFt:79.21
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Baseboard
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Heat Fuel:Gas - LP/Bottle
Utilities
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Utilities:Other
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
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Total Electric Meters:4
Appliances
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Total Refrigerators:4
Schools
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Elementary School:West Rutland School
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Middle Or Jr High School:West Rutland School
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High School:West Rutland School
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School District:Greater Rutland County Supervisory Union
The Community
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Area Description:In Town, Near Golf Course, Near Shopping, Near Skiing
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Covenants:Unknown
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Easements:Yes
Parking
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Parking:Driveway, On-Site
Extra Units
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:2
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Unit 3 Bedrooms:2
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Unit 3 Baths:1
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Unit 4 Bedrooms:2
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Unit 4 Baths:1
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Unit 1 Info:Appliances Included
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Unit 2 Info:Appliances Included
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Unit 3 Info:Appliances Included
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Unit 4 Info:Appliances Included
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/9/24
Sep 9, 2024
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Price Changed | PRIME_MLS | $280,000 | -3.4% |
|
7/1/24
Jul 1, 2024
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Price Changed | PRIME_MLS | $290,000 | -4.9% |
|
6/7/24
Jun 7, 2024
|
Price Changed | PRIME_MLS | $305,000 | -3.2% |
