Here is a great investment opportunity conveniently located within very close walking distance to Downtown Rutland, which offers just about anything you may need, this will be a very attractive location to tenants. The building consists of 3 one-bedroom units and 1 two-bedroom unit. The property currently has a cap rate of just over 8%, but rents that are well below market so this number could easily be increased overtime. Don't miss your chance to start or build your investment portfolio!
Closed
Listed by:
Hughes Group Team,
Casella Real Estate 802-772-7487
Bought with: KW Vermont-Killington
$285,000
41 Washington Street, Rutland City, VT 05701
5beds
2,274sqft
Multi Family
Built in 1900
-- sqft lot
$300,000 Zestimate®
$125/sqft
$1,909 Estimated rent
Home value
$300,000
$264,000 - $333,000
$1,909/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 04, 2023 at 06:49am
Listed by:
Hughes Group Team,
Casella Real Estate 802-772-7487
Bought with:
KW Vermont-Killington
Source: PrimeMLS,MLS#: 4965222
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Propane, Wall Units
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Basement: Full,Unfinished,Walk-Up Access
Interior area
- Total structure area: 4,116
- Total interior livable area: 2,274 sqft
- Finished area above ground: 2,274
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, Off Street
Features
- Levels: One and One Half
Lot
- Size: 9,148 sqft
- Features: City Lot
Details
- Parcel number: 54017017438
- Zoning description: unknown
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding, Vinyl Exterior
- Foundation: Stone
- Roof: Metal,Slate
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Available
Community & neighborhood
Location
- Region: Rutland
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2023 | Sold | $285,000-4.7%$125/sqft |
Source:  PrimeMLS #4965222 | ||
| 8/23/2023 | Contingent | $299,000$131/sqft |
Source: PrimeMLS #4965222 | ||
| 8/11/2023 | Listed for sale | $299,000+95.4%$131/sqft |
Source: PrimeMLS #4965222 | ||
| 9/30/2020 | Sold | $153,000-4.1%$67/sqft |
Source: PrimeMLS #4818555 | ||
| 7/24/2020 | Listed for sale | $159,500$70/sqft |
Source: Casella Real Estate #4818555 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $135,700 |
| 2023 | -- | $135,700 |
| 2022 | -- | $135,700 |
Find assessor info on the county website
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.5 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.6 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.4 mi
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