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52 Chestnut Avenue

Rutland City, VT 05701
Square Ft.
2,250
Active
Multifamily
Property Photo
Property Photo
Property Photo
$299,900
Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.
Courtesy of Mike Kalil, Watson Realty & Associates 802-773-3500
Listing Snapshot
Days Online
49
Last Updated
Square Ft.
2,250
Lot Size
0.13 Acres
Year Built
1899
MLS Number
5027565
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: TBD
Basement
Basement Access Type: Walk-up, Basement: Yes, Unfinished
Cooling
None
Foundation
Brick, Concrete
Garage
Garage: No
Heating
Oil, Baseboard, Hot Water
Income
Gross Income: 56940, Net Income: 37262
Lot
0.13 acres, 5,663 sqft
Parking
Driveway: Gravel
Property
Seasonal: No, 2,250 finished sqft above grade, 2,250 total finished sqft, 3,186 total sqft, 936 unfinished sqft below grade, 4 one-bedroom units, 1 two-bedroom unit, 2 stories, 5 units, Built in 1899
Roof
Shingle - Asphalt
Sewer
Public
Taxes
Gross Amount: $4,153
Unit One
Rental Amount: 900, Rental Amt Freq: Monthly
Unit Two
Rental Amount: 995, Rental Amt Freq: Monthly
Unit Three
Rental Amount: 775, Rental Amt Freq: Monthly
Unit Four
Rental Amount: 875, Rental Amt Freq: Monthly
Unit Five
Rental Amount: 1200, Rental Amt Freq: Monthly
Utilities
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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