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    86 River Street

    Rutland City, VT 05701
    • $155,000
    • STATUS: Active
    • MLS #: 4831774
    UPDATED: 149 min ago
    $155,000
    • 4
      BEDS
    • 0.11
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,620
      SQFT
    • $43
      $/SQFT
    Type:
    Multi-Family
    Built:
    1925
    County:
    Area:

    School Ratings & Info

    Courtesy of Mike Kalil of Watson Realty & Associates, Plc.

    Description

    Property consists of 4 rental units. A Retail space, rented for $475 a month, two 1 bedrooms are rented for $675 and $700 and a 2 bedroom apartment rented for $800. Your annual income is $31,800, expenses are about $13,504, your NOI is $18,296. Good opportunity to have your business in the building and collect rents from the apartments if you choose to , The store could expand if you eliminate the apartment downstairs and have 1350 SQ.FT. space Roof is new, siding is also new . Cap Rate at the selling price is 11.8 % .

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    © Copyright 2020 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 NEREN. 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 2020-10-21T00:07:33.65.
    www.parrottrealtygroup.com/homes/110577935
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    86 River Street Rutland City, VT 05701

    • Price: $155,000
    • Status: Active
    • Updated: 149 min ago
    • MLS #: 4831774
    4
    Beds
    4
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,620
    SQFT
    $43
    $/SQFT
    1925
    Built
    County:
    Rutland
    Area:
    Rutland City
    Property Description
    Property consists of 4 rental units. A Retail space, rented for $475 a month, two 1 bedrooms are rented for $675 and $700 and a 2 bedroom apartment rented for $800. Your annual income is $31,800, expenses are about $13,504, your NOI is $18,296. Good opportunity to have your business in the building and collect rents from the apartments if you choose to , The store could expand if you eliminate the apartment downstairs and have 1350 SQ.FT. space Roof is new, siding is also new . Cap Rate at the selling price is 11.8 % .
    Exterior Features

    Construction Wood Frame Driveway Gravel Exterior Vinyl Has Garage No Lot Description City LotCorner Road Frontage Yes Road Frontage Length 94 Roads Public Roof Shingle - Architectural Style Multi-Family

    Interior Features

    Basement Access Type Interior Basement Description FullUnfinished Cooling None Foundation ConcreteStone Has Basement Yes Heating Baseboard Unit1 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Water Heater Electric

    Property Features

    Auction No Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Gross Income 31800 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 4744 Tax Year 2020 Taxes Tbd No Total Electric Meters 4 Total1 Bed Units 2 Total2 Bed Units 1 Total3 Plus Bed Units 0 Unit1 Rental Amount 700 Unit2 Rental Amount 475 Unit3 Rental Amount 800 Unit4 Rental Amount 675 Utilities Cable - AvailableDsl - AvailableHigh Speed Intrnt -Avail Water Public Zoning Mixed

    Courtesy of Mike Kalil of Watson Realty & Associates, Plc.


    © Copyright 2020 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 NEREN. 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 2020-10-21T00:07:33.65.
     
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    Parrott Realty Group | Keller Williams Gateway Realty
    20 Trafalgar Square
    Nashua NH, 03063
    Courtesy of Mike Kalil of Watson Realty & Associates, Plc.