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Listed by Miffy Liao • Watson Realty & Associates
$525,000
Est. payment /mo
7 BD
7 BA
3,405 SqFt
New
121 State ST Rutland City, VT 05701
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UPDATED:
01/26/2025 01:35 AM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,405 sqft
Price per Sqft $154
MLS Listing ID 5027558
Bedrooms 7
Full Baths 7
Construction Status Existing
Year Built 1900
Annual Tax Amount $6,357
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Description
Investors take notice, this newly renovated multi family located in walking distance to downtown and shopping, generates over $82K a year in gross income with expenses just under $30K a year which includes, Heat, water & sewer, management , Taxes and insurance. Cap rate is just over 10% at the asking price.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Residential
Rooms
Basement Entrance Walkout
Basement Partially Finished
Interior
Cooling None
Exterior
Utilities Available Cable - Available, Telephone Available
Roof Type Slate
Building
Story 3
Foundation Brick, Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
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