Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %
Closed
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with: EXP Realty
$180,000
108 Library Avenue, Rutland City, VT 05701
6beds
--baths
2,340sqft
Multi Family
Built in 1900
-- sqft lot
$185,500 Zestimate®
$77/sqft
$1,867 Estimated rent
Home value
$185,500
$134,000 - $258,000
$1,867/mo
Zestimate® history
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$1,040/mo
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Zillow last checked: 7 hours ago
Listing updated: September 12, 2024 at 05:30am
Listed by:
Mike Kalil,
Watson Realty & Associates 802-773-3500
Bought with:
Lawrence Zupan
EXP Realty
Source: PrimeMLS,MLS#: 4974059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Full bathrooms: 3
Heating
- Oil, Electric, Forced Air
Cooling
- None
Appliances
- Included: Oil Water Heater
Features
- Basement: Partially Finished,Walk-Out Access
Interior area
- Total structure area: 2,765
- Total interior livable area: 2,340 sqft
- Finished area above ground: 1,915
- Finished area below ground: 425
Property
Parking
- Parking features: Dirt
Features
- Levels: Two
- Frontage length: Road frontage: 67
Lot
- Size: 8,276 sqft
- Features: City Lot
Details
- Parcel number: 54017013487
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Concrete, Stone
- Roof: Slate
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & neighborhood
Location
- Region: Rutland
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2024 | Sold | $180,000-4.8%$77/sqft |
Source:  PrimeMLS #4974059 Report a problem | ||
| 11/11/2023 | Price change | $189,000-3.1%$81/sqft |
Source: PrimeMLS #4974059 Report a problem | ||
| 10/13/2023 | Listed for sale | $195,000+69.6%$83/sqft |
Source: PrimeMLS #4974059 Report a problem | ||
| 1/14/2022 | Sold | $115,000-8%$49/sqft |
Source: PrimeMLS #4878444 Report a problem | ||
| 12/1/2021 | Contingent | $125,000$53/sqft |
Source: PrimeMLS #4878444 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $93,300 |
| 2023 | -- | $93,300 |
| 2022 | -- | $93,300 |
Find assessor info on the county website
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.2 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.2 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.6 mi
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- Vermont
- Rutland County
- Rutland
- 05701
- Rutland City
- 108 Library Avenue