$595,000 | $125 per sq.ft.
A 5
Unit Multi Family Home, in Rutland City VT
With 1 - One Bedroom Units | 4 - Two Bedroom Units MLS# 5036399
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Listed by Max Walker Watson Realty & Associates on
April 15th 2025
100-102 Gibson Avenue Rutland City VT 05701
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DESCRIPTION
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Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on Saturday (4/19).
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UNIT 1 INFORMATION
Beds: 2 Baths: 5 Rooms: 0 Rent : 1475.00 Monthly
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CONSTRUCTION
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Wood Frame | Wood Exterior | Year Built: 1884 No. of Floors:2 Total Sq.Ft. Finished: 4774 Above Grade Sq.Ft.: 4774 Price Per SQ.FT. 124.63 Basement: Concrete Floor | Unfinished Foundation: Fieldstone Heating: Oil | Baseboard Cooling: None Electric: Circuit Breaker(s) Utilities: Cable Electric Meters: |
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Style: Apartment Building Roof: Slate Water: Public Sewer: Public Seasonal: No
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LAND LOT INFORMAITION
Lot Description: City Lot Lot size: 0.9 acres Zoned: residential Surveyed: Unk Flood Zone: Unknown Driveway: Gravel
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PROPERTY INFORMATION
Taxes $9,810
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AREA INFORMATION
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School District: Rutland City School District | |
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