$189,000 $1,015 est/mo Sourced by Back At You
108 Library Avenue , Rutland City, VT 05701
Rutland City, VT 05701
Description
Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %
Details
| MLS# | 4974059 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Year | 1900 |
| Days On Site | 468 |
| Listing Provided By | Watson Realty & Associates | Mike Kalil |
Features
| Basement | Y |
|---|---|
| Units | 3 |
| Zoning | Residential |
| Acreage | 0.19 |
Market Activity 05701
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Learn More About This Property
| State | VT |
|---|---|
| County | VT Rutland |
| City | Rutland City |
| Zip Code | 05701 |
| Listing VS Median (in 05701) | |
Price: $189,000 low | high Med: $314,000 On Site: 468 low | high Med: 214.500000 | |
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 0 - 0
Listing Updated: July 2, 2024 at 5:37:12 PM PDT