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Listing courtesy of PRIME_MLS / Hughes Group Team / Casella Real Estate, Four Corner Properties LLC

425-435 Pleasant

West Rutland, VT 05777

– beds
– baths
4,911 sqft
~1/2 acre lot
$109 per sqft
1900 build
– on site

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A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two spacious three-bedroom units. With a total of six units, there's significant income potential for investors. Additionally, the presence of five storage units in the basement offers the possibility of additional rental income or amenities for tenants and being that it is a walk out basement there is also enough space to add a seventh unit if permitting allows. Both buildings are equipped with electric heating systems, ensuring that tenants cover all utility expenses. This setup simplifies management and enhances profitability for the owner. The two three-bedroom units in the second building are both vacant and have recently undergone renovations, offering a turnkey opportunity for immediate owner occupancy or tenant placement after closing. Don't miss out on this exceptional investment opportunity.

Listing courtesy of PRIME_MLS / Hughes Group Team / Casella Real Estate, Four Corner Properties LLC

Last checked: Checking… • Last updated Aug 13, 2024 •

MLS# 4990171 —

The Building

Year Built:

1900
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame
Architectural Style:

Apartment Building, Multi-Family
Roof:

Shingle
Foundation:

Concrete, Marble, Stone
Total Stories:

2
Total Units:

6
Approx SqFt Total:

7556
Approx SqFt Total Finished:

4,911 Sqft
Approx SqFt Finished Above Grade:

4,911 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade Source:

Other
Approx SqFt Unfinished Below Grade:

2645
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Full, Unfinished
Basement Access Type:

Walk-up
Flooring:

Carpet, Laminate, Vinyl

Location

Latitude:

43.598869230333321
Longitude:

-73.043395253967290

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

20,473 Sqft
Lot Acres:

0 Sqft
Zoning:

unknown
Driveway:

Paved
Roads:

Paved, Public
Lot Features:

Other

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Taxes TBD:

No
Tax - Gross Amount:

$6,477.84

Beds

Bedrooms - Level 4:

3
Bedrooms - Basement:

5
Total 2 Bedroom Units:

1

Baths

Total Full Baths:

6
Full Baths Size:

0 Sqft
Three Quarter Baths:

3
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

109.96
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Electric
Heat Fuel:

Electric

Utilities

Utilities:

Other
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public
Total Electric Meters:

6

Appliances

Total Refrigerators:

6

The Community

Condo Name:

Monthly
Marina Name:

Monthly
Covenants:

Unknown

Extra Units

Unit 1 Rooms:

4
Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

1
Total 3+ BR Units:

2
Unit 3 Rooms:

3
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 5 Rooms:

5
Unit 5 Bedrooms:

3
Unit 5 Baths:

1
Unit 6 Bedrooms:

3
Unit 6 Baths:

1
Unit 1 Info:

Range - Electric, Refrigerator
Unit 2 Info:

Range - Electric, Refrigerator
Unit 3 Info:

Range - Electric, Refrigerator
Unit 4 Info:

Microwave, Range - Electric, Refrigerator
Unit 5 Info:

Range - Electric, Refrigerator
Unit 6 Info:

Range - Electric, Refrigerator

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Sale history

Date	Event	Source	Price	% Change
8/13/24 Aug 13, 2024	Sold	PRIME_MLS	$540,000	-1.8%
6/14/24 Jun 14, 2024	Sold Subject To Contingencies	PRIME_MLS	$550,000
4/4/24 Apr 4, 2024	Listed / Active	PRIME_MLS	$550,000

Multifamily Sold on 8/13/2024

$540,000

Listing provided by broker:

Hughes Group Team

Casella Real Estate, Four Corner Properties LLC

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Listing Courtesy of: PRIME_MLS and Casella Real Estate, Four Corner Properties LLC.

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.

425-435 Pleasant

West Rutland, VT 05777