$350,000 ($105.61 per sqft)

Est. Mortgage $1,747/mo *

Quick Pre-Approval

Listing courtesy of Hughes Group Team, Casella Real Estate Phone: 802-772-7487


133 Grove Street, Rutland City, VT, 05701

133 Grove Street, Rutland City, VT, 05701

7 rooms

3 beds

1910

Apartment Building

3,314 sqft

With the current rents this property is producing an approximate cap rate of 14%, and the seller believes these rents are on the lower side, since they haven't been raised for years. Apt# 1 & #2 are on the first floor, Apt #3 is rented by the rooms which consists of 5 rooms, a shared kitchen & bathroom(each room rents for $600/month. Apt #4 has two rooms renting for $600/month and sharing the bathroom & kitchen. Apt#3 and is on level 2 & 3. Rents include water, sewer, cable/internet, trash, heat, and electricity. Heat is oil or pellets and the current seller is using mostly pellets to heat the property. Full solid basement, side and rear parking for tenants. A real money maker, so don't wait.


Status:

Active

Type:

Multi-family

Units:

4

Zoning:

unknown

Frontage:

50

Heating:

Baseboard, Hot Water, Stove - Pellet

Cooling:

None

Basement:

Unfinished

Acreage:

0.27

Est. Taxes:

$5,231

Lot Description:

City Lot

MLS #:

4899686


Community Info

Walk Score

Mass Transit

Yelp