$500,000 ($88.45 per sqft)

Est. Mortgage $2,398/mo *

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

469 Main Street, West Rutland, VT, 05777

469 Main Street, West Rutland, VT, 05777
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12 beds

7 Full baths

1915

Multi-Family

5,653 sqft

Spacious units. nice location minutes to shopping and Rutland city , this property has been renovated and updated, including vinyl siding, windows and much more , pretty much no deferred maintains, the best part about this property is the income, Cap Rate at asking price is more than 15.7%, Rents include: Heat, Water & Sewer ,Rubbish, Lawn/plowing, property taxes ,insurance, although each unit has it own electric meter the current owner has included electric in the rent and maintenance , Steady income, gross yearly income is $122,400 with expenses at $33,789 , NOI is $78,508

Status:

Active

Type:

Multi-family

Units:

7

Zoning:

Residential

Frontage:

68

Heating:

Oil, Baseboard

Cooling:

None

Basement:

Full, Unfinished

Acreage:

0.23

Est. Taxes:

$7,210

Lot Description:

City Lot

Elementary School:

West Rutland School

Middle School:

West Rutland School

High School:

Choice

School District:

West Rutland School District

MLS #:

5070530

Community Info

School Info

Walk Score

Mass Transit

Yelp

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