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121 State Street

Rutland City, VT 05701
Square Ft.
3,405
Active
Multifamily
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$475,000
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… Read MoreRead Less
Courtesy of Miffy Liao, Watson Realty & Associates 802-773-3500
Listing Snapshot
Days Online
49
Last Updated
Square Ft.
3,405
Lot Size
0.21 Acres
Year Built
1900
MLS Number
5027558
30 Days Snapshot Of 05701
$316k
+30%
(avg) sold price
11
+37%
homes sold
60
+30%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage: Yes
Basement
Basement Access Type: Walkout, Basement: Yes, Partially Finished
Cooling
None
Foundation
Brick, Stone
Garage
Garage: No
Heating
Oil, Baseboard
Income
Gross Income: 82500, Net Income: 53180
Lot
0.21 acres, 9,148 sqft
Parking
Driveway: Crushed Stone, Gravel
Property
Seasonal: No, 3,177 finished sqft above grade, 228 finished sqft below grade, 3,405 total finished sqft, 4,205 total sqft, 800 unfinished sqft below grade, 7 one-bedroom units, 3 stories, 7 units, Built in 1900
Roof
Slate
Sewer
Public
Taxes
Gross Amount: $6,358
Unit One
1 bathroom, 1 bedroom, Lease Term: Annual, Rental Amount: 1100, Rental Amt Freq: Monthly, Status: Leased
Unit Two
1 bathroom, 1 bedroom, Rental Amount: 625, Rental Amt Freq: Monthly, Status: Leased
Unit Three
1 bathroom, 1 bedroom, Rental Amount: 1100, Rental Amt Freq: Monthly, Status: Leased
Unit Four
1 bathroom, 1 bedroom, Lease Term: Annual, Rental Amount: 1050, Rental Amt Freq: Monthly, Status: Leased
Unit Five
1 bathroom, 1 bedroom, Lease Term: Annual, Rental Amount: 900, Rental Amt Freq: Monthly, Status: Leased
Unit Six
1 bathroom, 1 bedroom, Lease Term: Annual, Rental Amount: 1050, Rental Amt Freq: Monthly, Status: Vacant
Unit Seven
1 bathroom, 1 bedroom, Lease Term: Annual, Rental Amount: 1050, Rental Amt Freq: Monthly, Status: Vacant
Utilities
Electric Company: Green Mountain Power, 100 Amp, Circuit Breaker(s)
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Monthly Payment
$0
Andrew Paluch
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Schools In The Area

Check out nearby schools with ratings and contact info.
Rutland Northwest School 802-773-1946 Public PK-2
Rutland Intermediate School 802-773-1932 Public 3-6
Rutland Middle School 802-773-1960 Public 7-8
Rutland High School 802-773-1955 Public 9-12
Rutland Northwest School 802-773-1946 Public PK-2
Rutland Northwest School 802-773-1946 Public PK-2
Rutland Intermediate School 802-773-1932 Public 3-6
Rutland Intermediate School 802-773-1932 Public 3-6
Rutland Middle School 802-773-1960 Public 7-8
Rutland High School 802-773-1955 Public 9-12

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