$434,000
 $2,330 est/mo Sourced by Back At You

52 East Street , Rutland City, VT 05701

Rutland City, VT 05701

Share with a friend

Description

Great investment property! This will likely be the best investment in your portfolio. This has an annual income of $51,600 with a net of $45,480 at list price and fully rented. Current rental income is $4,200/month with monthly expenses just over $500 plus your mortgage. You could have a return of around $11,000 annually. This is with a 10% down payment at current rates. Just image when the rates adjust and you refinance! The rented units have great tenants that have shown a good rental history over the years. This building has been very well maintained over the years and now offers low and easy maintenance costs and efforts. If you are looking to add a building to your investment portfolio rent out the larger unit and this building becomes an attractive investment. This property offers a great opportunity for either owner occupancy or as an investment. Connect with your local agent today and request a time to view this property!!

Details

MLS#4998793
Listing TypeFor Sale
Sub-TypeResale
Year1900
Days On Site152
Listing Provided ByFlex Realty | Flex Realty Group

Features

BasementY
Units3
Zoningres
Acreage0.15

Market Activity 05701



Copyright 2024 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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.

Request a showing

Request a showing

Loading Form
Listings Checked: 50 seconds ago
StateVT
CountyVT Rutland
CityRutland City
Zip Code05701
Listing VS Median (in 05701)
Price:
$434,000
low | high
Med:
$299,000
81.10599078341% of Average
On Site:
152
low | high
Med:
45.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
18 S Main Street Property Photo 1
$0
18 S Main Street
Rutland City, VT 05701
Listing Updated: July 21, 2024 at 7:35:35 AM PDT