734 US Route 4 East, #4, 9 & 10, Rutland Town, VT, 05701 | $87,500

FOR SALE: Three Professional Office Condominium Units: Unit 4, Main Floor 311 sq. ft. 1 Rm, private restroom: $37, 500. . . Unit 9, 2nd Floor, 506 sq. ft. 1-Rm, (divisible into 2): $40, 500. . . Unit 10', 2nd floor, 241. 7 sq. ft. , 1 Rm, shared restroom: $19, 500. . . offered in 2 combinations: All 3 Units: 1, 059 sq. ft: $87, 500. . . . (More than 10% off their combined prices!). . . Or 9 & 10, about 75% of 2nd Floor, with 747. 7 sq. ft: just $49, 500. . . . . . 9 & 10 share a stairway, hallway and bath with Unit 11, (252 sf, also for sale at $19, 000) . . . . . . . . . . . . FOR LEASE: Unit 9: $695/mo. , + Elec, WiFi, interior cleaning and Tenant's insurance;. . . Unit 10: $335/mo. , + the same above expenses;. . . Units 9 & 10 as a 2-room office for $775/mo. , + above expenses. . . . The Knollwood Professional Building is an attractive wood frame 4, 565 sq. ft. office building with 3 levels, including a walk-out lower level. Ample on-site paved parking (30 spaces, . . . 1 per 152 sq. ft. of office space) makes this location perfect for professionals and businesses wishing to locate on a main route (US Route 4) on the East side of Rutland, the main route to and from Killington and Pico Ski Resorts. . . . Disclosures: Water from the on-site well tests slightly silted, and so office occupants are advised in not to drink the tap water, and to use bottled water for drinking and coffee making. . . Electric Service Main is 400 Amp. . . . Review the Knollwood 1st and 2nd Floor Plans to better understand the above offerings for Sale or Lease.

Features

  • Property Type: Investment,Office,Other
  • Construction: Insulation-FiberglssBatt,Wood Frame,Clapboard Exterior,Wood Exterior
  • Parking: On-Site,Parking Spaces 21+,Paved
  • Heating: Baseboard,Hot Water,Multi Zone
  • Units: 11
  • Zoning: None
  • Frontage: 160
  • Year Built: 1989
  • Approx Sq. Feet: 1,059
  • Acreage: 1
  • Est. Taxes: $1,368
  • MLS#: 4976249
  • Website: https://www.raveis.com
    /prop/4976249/734usroute4east_rutlandtown_vt?source=qrflyer
©2024 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/14/2024

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NMLS Mortgage Loan Originator ID 1870734

203.225.2554

Theresa.Givens@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

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860.690.5052

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734 US Route 4 East, #4, 9 & 10, Rutland Town, VT, 05701

$87,500

Alison Cheh

William Raveis Real Estate

Phone: 203.231.2255

Alison.Cheh@raveis.com

Theresa Givens

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.225.2554

Theresa.Givens@raveis.com

NMLS Mortgage Loan Originator ID 1870734

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $70,000 $70,000 $70,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.171% 6.538%
Monthly Tax Payment $114 $114 $114
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $478 $465 $600
Total Monthly Payment $667 $654 $789

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.