40 Summer
Rutland City, VT 05701
- – beds
- – baths
- 2,886 sqft
- 5,227 sqft lot
- $103 per sqft
- 1850 build
- – on site
Looking for the perfect investment property, or perfect opportunity to owner occupy? Then you need to check out this well maintained, 3 unit, 4 bed, 4 bath, multi-family property only a few blocks from downtown shopping, dining and events. Two of the apartments, #2 and #3, were recently renovated in 2022 ( see attached list of improvements ) with new washers and dryers, vinyl plank flooring, kitchen counter tops and cabinets, and new appliances and an energy efficient mini split in apt#3 for Summer cooling and economical heat. This property has a single oil FHA furnace replaced in 2000 and a new oil tank replaced in 2022 with vinyl siding and newer vinyl windows all around and an electrical cost saving solar array on the roof. All old knob and tube wiring terminated and replaced. And you'll find that there is little to no deferred maintenance here at this property. Month to month leases with reliable rental income and an opportunity to improve cash flow. There's plenty of on-street and off-street parking as well a carport to get your car out of the weather and a large rear deck to enjoy the mountain view. You're less than 20 minutes from Killing/Pico Ski Resorts, and less than 2 hours from Burlington or Albany Airport. This is a must see.
Listing courtesy of PRIME_MLS / Mark Triller / Real Broker LLC
Last checked:
Checking…
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Last updated Oct 12, 2024
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MLS# 5015604 —
The Building
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Year Built:1850
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Pre-Construction:No
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Construction Status:Existing
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Construction Materials:Wood Frame, Vinyl Siding
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Architectural Style:Multi-Family
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Roof:Shingle
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Foundation:Fieldstone
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Total Stories:2
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Total Units:3
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Approx SqFt Total:5029
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Approx SqFt Total Finished:2,886 Sqft
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Approx SqFt Finished Above Grade:2,886 Sqft
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Approx SqFt Finished Below Grade:0 Sqft
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Approx SqFt Unfinished Above Grade:623
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Approx SqFt Unfinished Above Grade Source:Estimated
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Approx SqFt Unfinished Below Grade:1520
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Approx SqFt Unfinished Building Source:Assessor
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Approx SqFt Finished Above Grade Source:Assessor
Interior
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Basement:Yes
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Basement Description:Stairs - Interior, Unfinished
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Basement Access Type:Interior
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Flooring:Carpet, Laminate
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Room 5 Type:Month to Month
Location
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Directions:40 Summer Street. Sign in Front.
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Latitude:43.610350000000025
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Longitude:-72.982028186508188
The Property
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Property Class:Multi-Family
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Seasonal:No
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Lot SqFt:5,227 Sqft
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Lot Acres:0 Sqft
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Zoning:10
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Exterior Features:Deck, Porch - Covered
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Driveway:Paved
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Roads:Public
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Lot Features:City Lot
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2025
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Taxes TBD:Unknown
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Tax - Gross Amount:$4,513
Beds
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Total 2 Bedroom Units:1
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:103.6
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Foreclosed/Bank-Owned/REO:No
Heating & Cooling
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Heating:Forced Air
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Heat Fuel:Oil
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Total Heat Units:1
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Total Water Heaters:1
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Cooling:Mini Split
Utilities
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Utilities:Cable - At Site, Telephone Available
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Sewer:Public
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Electric:Circuit Breaker(s)
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Water Source:Public
Appliances
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Total Refrigerators:3
Schools
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Elementary School:Northwest Primary School
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Middle Or Jr High School:Rutland Intermediate School
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High School:Rutland Senior High School
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School District:Rutland City School District
The Community
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Covenants:Unknown
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Easements:Yes
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Assessment Year:2023
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Assessment Amount:153300
Parking
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Parking:Carport, On Street, Paved
Extra Units
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Unit 1 Bedrooms:1
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Unit 2 Bedrooms:1
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Unit 3 Bedrooms:2
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Unit 3 Baths:2
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Unit 1 Info:Heat Included
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Unit 2 Info:Dryer, Heat Included, Washer
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Unit 3 Info:Air Conditioner, Dryer, Heat Included, Washer
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 |
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9/23/24
Sep 23, 2024
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Listed / Active | PRIME_MLS | $299,000 | |
8/26/19
Aug 26, 2019
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Price Changed | PRIME_MLS | ||
5/30/19
May 30, 2019
|
Listed / Active | PRIME_MLS |