List Price: $595,000 | $125 per sq.ft. Commercial
Space type
Date Listed Tuesday Apr 15, 2025 | MLS# 5036400


Address: 100-102 Gibson Avenue Rutland City VT
Listed by Max Walker Watson Realty & Associates
Description:
Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on (4/19).
Building Type : Multi-Family

Sale Includes : Barn

Features
Income
Net Income| 0
Management Expense: $0
Insurance Expense : $0
Construction Information:
Year Built: 1884
Wood Frame | Wood Exterior
Price Per SQ.FT. 124.63 No. of Units: 0
Building Size : 4774
Building Type: Multi-Family

ExteriorRoof: Slate

InteriorBasement: Concrete Floor

Land Information

Lot size: 0.9 acres
Zoned: residential
Garage And Parking: Driveway | Parking Spaces 1 - 10
No. of Docks | 0.

UtilitiesHeating: Baseboard | Oil
Electric: Circuit Breaker(s)
Utilities: Cable - Available
AC % | 0.

Additional Information
Taxes $9,810
Assesed Value Not Reported
Schools

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