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260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo
260 Business Route 4 Street, Rutland Town, VT 05701 Photo

17 Total Photos [Click to View All]

  • Listing Provided by:
    Watson Realty Associates
    Phone: 802-773-3500
    Agent: Mike Kalil IDX logo

  • 12,500
    Square Feet
  • 5067282
    MLS#
$1,260,000
Status: Active
260 Business Route 4 Street Rutland Town, VT 05701

Property Description

Great investment opportunity, Well maintained property in Rutland town ( Center Rutland) this property consists of two buildings, Front building with 10 units and the back building is 4 units , Total of 14 units all one bedroom apartments, Sits on a large parcel over 1.20 +- Acres , Plenty of parking with a loop driveway Convenient for tenants, Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $197, 400 A year With expenses just around $60,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above 10.8% This property is offered with another 14 unit property in Castleton ($1,260,000) as 28 units package 11 units are occupied currently the other 3 are in transition . Two Heating boilers service the front building and one boiler Services the back building. His property is convenient to the city amenities .

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Property Features

MLS Number: 5067282
Subdivision:
County: Rutland
Bedrooms: 0
Total Square Feet: 12,500
Style: Multi-Family
New Constuction: No
Construction: Wood Frame,Vinyl Siding
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Cooling: None
Heating: Baseboard
Lot Size: 1.22 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $11,647
Year Built: 1987

Feature Descriptions

Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Market: 220
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Home Style: Multi-Family
Lot: Country Setting, Landscaped
Roads: Paved, Public
Sewer: Public
Sq. Ft. Total Finished: 12500
Total Stories: 2
Units: 14
Water: Public
Zoning: Residential

Location

Listed By / Shown By

Listed By

Broker Name: Watson Realty Associates
Agent Name: Mike Kalil
Broker Phone: 802-773-3500

IDX logo

Estimate Your Payment

Estimated Payment

$ 7,511.77 per month $6,173.69 Principal & Interest $970.58 Property Tax $367.50 Homeowner's Insurance

Source: Delta Media Group, Inc.

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