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Listed price in listed location currency (USD).
$137,500
$279,000

020

MLS® 5000635

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 1680 sqft
Garage No
Taxes $4,993
Lot Size 0.07 acres
Approx. Age 1900
Avg. Price Per Sqft $166
MLS® Number 5000635

Property Address: 57 Forest St, Rutland, VT, 05701-3915

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss this chance to acquire a high-yield property in Rutland City. Whether you're a seasoned investor or looking to start your real estate portfolio, these buildings offer an excellent opportunity for stable and profitable returns. One building consists of two 3-bedroom 1-bathroom units and the other of two 1 bedroom 1-bathroom units. Heat and electricity are separately metered, minimizing owner expenses as tenants are responsible for their own utilities. The two buildings have a shared driveway as well as off-street parking that is exempt from Rutland City's winter parking ban, providing convenience for tenants year-round. This property has the potential for a 13% cap rate, gross income is based on projected market rates, 2 units are currently vacant leaving a buyer the ability to fill the vacancies with tenants of their choice. Call for a breakdown of the financials and to schedule a showing of this great investment opportunity.
MLS® Number5000635
Laundry Level
Central VacNo
FireplaceNo
Acreage0.07
Exterior
GarageNo
Approx. Age1900
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

Aug 27, 2024End Date
$137,500Sold Price

Sold

Jun 14, 2024List Date
$279,000List Price
  • Commute

Commute

Starting Address
Destination Address
57 Forest St, Rutland, VT

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