$350,000 $1,879 est/mo Sourced by Back At You
55 Prospect Street , Rutland City, VT 05701
Rutland City, VT 05701
Description
Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .
Details
| MLS# | 5001759 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Under Contract |
| Year | 1864 |
| Days On Site | 107 |
| Listing Provided By | Watson Realty & Associates | Mike Kalil |
Features
| SQ Feet | 3,591 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Zoning | Residential |
Market Activity 05701
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Learn More About This Property
| State | VT |
|---|---|
| County | VT Rutland |
| City | Rutland City |
| Zip Code | 05701 |
| Area | Rutland |
| Elementary School | Northwest Primary School |
| Middle School | Rutland Middle School |
| High School | |
| Listing VS Median (in 05701) | |
Price: $350,000 low | high Med: $299,750 SqFt: 3,591 low | high Med: 4,493 $ / SqFt: $97 low | high Med: $75 On Site: 107 low | high Med: 234.5 | |
Listing Updated: June 27, 2024 at 9:10:33 AM PDT