Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%. this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .
Closed
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
$396,000
106 Library Avenue, Rutland City, VT 05701
--beds
--baths
4,500sqft
Multi Family
Built in 1988
-- sqft lot
$418,600 Zestimate®
$88/sqft
$2,090 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 16, 2025 at 09:27am
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with:
Mike Kalil
Watson Realty & Associates
Source: PrimeMLS,MLS#: 5041822

Facts & features
Interior
Heating
- Oil, Baseboard, Hot Water
Cooling
- None
Features
- Basement: Apartment,Walk-Out Access
Interior area
- Total structure area: 4,500
- Total interior livable area: 4,500 sqft
- Finished area above ground: 4,500
Property
Parking
- Parking features: Gravel
Features
- Levels: 3
- Frontage length: Road frontage: 60
Lot
- Size: 8,276 sqft
- Features: City Lot
Details
- Parcel number: 54017017610
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Concrete
- Roof: Metal
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available, High Speed Intrnt -Avail
Community & neighborhood
Location
- Region: Rutland
Other
Other facts
- Road surface type: Paved