List Price: $369,000 | $83 per sq.ft. Multi Family
Price Change! Reduced by $30,000 down 8% on October 11th 2024
A 4 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Tuesday Oct 1, 2024 | MLS# 5016830
Price Change! Reduced by $30,000 down 8% on October 11th 2024
A 4 Unit Multi Family Home
With 2 One Bedroom Units , 1 - Two Bedroom Units ,1 - Three Bedroom Units
Date Listed Tuesday Oct 1, 2024 | MLS# 5016830
To see this Listing
Address: 2 Jackson Avenue Rutland City VT
Listed by Mark Triller Real Broker LLC
Description:
A GREAT TWO PROPERTY INVESTMENT OPPORTUNITY! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $39,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated apartments, with newer appliances, flooring, doors, painting, and so much more. Both properties have newer roofs (2018) and newer boilers (2019) along with a newer oil tank (2019) at 2 Jackson Avenue. There's newer windows in both buildings replaced between 2018-2020. Gutters were added, and a deck replaced at 2 Jackson Ave. Only 3 blocks from White's Pool and Recreation Park. Only 4 minutes to RRMC or to Downtown shopping, dining and entertainment. Clean, well maintained, many upgrades, with little else to do but enjoy the income stream. Showings begin this Saturday 10/5/24 This opportunity won't last long! Operating Expenses : Heat,Insurance,Maintenance,Sewer,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses
Taxes: $6,415
Taxes: $6,415
Income
Gross Income | $52,560
NetIncome | $39,068
Gross Income | $52,560
NetIncome | $39,068
Appliances : Water Heater – Electric | Water Heater – Separate
UNIT 1 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 975.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Porch,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 3 INFORMATION
Beds: 2
Baths: 1
Level: 2
Info : Appliances Included,CO Detector,Heat Included,Porch,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1050.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
UNIT 4 INFORMATION
Beds: 4
Baths: 2
Level: Single Fam
Info : Appliances Included,CO Detector,Range - Electric,Refrigerator,Separate,Smoke Detector,Water Heater
Tenant Pays : Electric,Heat,Hot Water,Internet Service,Sewer,TV Service,Water
Rent : 1355.00 Monthly
Lease Term : Annual
Status : Leased
Construction: Wood Frame | Vinyl Siding
Year Built: 1880
Style: Apartment Building | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5762
Above Grade Sq.Ft.: 4460
Basement: Concrete Floor | Stairs - Exterior | Stairs - Interior
Foundation: Stone
Year Built: 1880
Style: Apartment Building | Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 5762
Above Grade Sq.Ft.: 4460
Basement: Concrete Floor | Stairs - Exterior | Stairs - Interior
Foundation: Stone
Exterior Features:
Porch - Covered | Porch - Enclosed
Roof: Shingle
Seasonal: No
Porch - Covered | Porch - Enclosed
Roof: Shingle
Seasonal: No
Heating: Baseboard
Cooling: None
HeatFuel: Oil
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Cooling: None
HeatFuel: Oil
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters: 4
Gas_Meters: 0
Water: Public
Sewer: Public
Land Information
City Lot | Corner | Curbing | Sidewalks | Street Lights
Lot size: 0.24 acres
Zoned: 10)
Surveyed: Unk
Flood Zone: No
Roads: Public
Driveway: Paved
City Lot | Corner | Curbing | Sidewalks | Street Lights
Lot size: 0.24 acres
Zoned: 10)
Surveyed: Unk
Flood Zone: No
Roads: Public
Driveway: Paved
Additional Information
Docs Available : Certificate of Occupancy | Deed | Lease Agreements | Tax Map
Easement - Unknown
Taxes $6,415
Assesed Value Not Reported
Docs Available : Certificate of Occupancy | Deed | Lease Agreements | Tax Map
Easement - Unknown
Taxes $6,415
Assesed Value Not Reported
Schools
School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Intermediate School
High School: Rutland Senior High School
School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Intermediate School
High School: Rutland Senior High School
