$350,000 ($97.47 per sqft)

Pending

Est. Mortgage $1,768/mo *

Quick Pre-Approval

Listing courtesy of Mike Kalil, Watson Realty & Associates Phone: 802-773-3500


55 Prospect Street, Rutland City, VT, 05701

55 Prospect Street, Rutland City, VT, 05701

9 beds

4 Full baths

1864

Conversion

3,591 sqft

Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .


Status:

Pending

Type:

Multi-family

Units:

4

Zoning:

Residential

Frontage:

100

Heating:

Hot Air, Wall Units

Cooling:

Wall AC Units

Basement:

Full, Stairs - Exterior, Unfinished

Parking:

Off Street, Parking Spaces 5, Unassigned, Unpaved

Acreage:

0.21

Est. Taxes:

$4,719

Lot Description:

City Lot

Elementary School:

Northwest Primary School

Middle School:

Rutland Middle School

MLS #:

5001759


Community Info

School Info

Walk Score

Mass Transit

Yelp