Closed

Listed by: Casella Real Estate • Hughes Group Team

Bought with: Casella Real Estate

$315,000

197 North Main Street, Rutland City, VT 05701

6beds

3,396sqft

Multi Family

Built in 1884

-- sqft lot

$393,400 Zestimate^®

$93/sqft

$1,790 Estimated rent

Home value

$393,400

$350,000 - $437,000

$1,790/mo

Zestimate^® history

Owner options

List your home for rent

$1,790/mo

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$1,790/mo

Rent Zestimate^®

Refinance and save

$1,820/mo

Est. payment

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$1,820/mo

Est. payment

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What's special

Your next investment opportunity is here! This well-maintained property consists of five units; one 2-bedroom and four 1-bedroom apartments. Tenants pay electric. Plenty of off-street parking available. Raising each unit to market rent will increase your income to make this property even more profitable. If you are looking to add to your portfolio, up to 36 units are available, see MLS #'s 4971734, 4971736, 4971738, 4971740, 4971745.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Full bathrooms: 5

Heating

Oil, Baseboard, Hot Water

Cooling

None

Appliances

Included: Electric Water Heater

Features

Basement: Unfinished,Interior Entry

Interior area

Total structure area: 5,094
Total interior livable area: 3,396 sqft
Finished area above ground: 3,396
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Features

Levels: Two

Lot

Size: 0.52 Acres
Features: City Lot

Details

Parcel number: 54017014538
Zoning description: unknown

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Wood Siding
Foundation: Stone
Roof: Slate

Condition

New construction: No
Year built: 1884

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Phone Available

Community & HOA

Location

Region: Rutland

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $166,800
Annual tax amount: $5,944
Date on market: 1/3/2024
Road surface type: Paved

Price history

Date	Event	Price
2/15/2024	Sold	$315,000-10%$93/sqft
Source: PrimeMLS #4971742 Report a problem
12/30/2023	Listing removed	--
Source: PrimeMLS #4971742 Report a problem
9/27/2023	Listed for sale	$350,000+29.5%$103/sqft
Source: PrimeMLS #4971742 Report a problem
2/16/2023	Sold	$270,300+36.5%$80/sqft
Source: Public Record Report a problem
12/13/2019	Listing removed	$198,000$58/sqft
Source: Watson Realty & Associates, PLC #4758694 Report a problem
6/14/2019	Listed for sale	$198,000$58/sqft
Source: Watson Realty & Associates, PLC #4758694 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$166,800
2023	--	$166,800
2022	--	$166,800
2021	--	$166,800
2020	--	$166,800
2019	--	$166,800
2018	--	$166,800
2017	--	$166,800
2016	--	$166,800 +9900%
2015	--	$1,668
2014	--	$1,668
2013	--	$1,668
2012	--	$1,668
2011	--	$1,668
2010	--	$1,668
2009	--	$1,668
2008	--	$1,668
2007	--	$1,668