230 Marble Street West Rutland VT Multi Family For Sale $280000

List Price: $280,000 | $79 per sq.ft. Multi Family A 4 Unit Multi Family Home
With 0 One Bedroom Units , 4 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Wednesday Mar 27, 2024 | MLS# 4989348

To see this Listing

call
603-643-3942

VIEW / SEND WISHLIST

Address: 230 Marble Street West Rutland VT
Listed by Hughes Group Team Casella Real Estate
Description:
Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today! Operating Expenses : Heat,Insurance,Snow Removal,Trash,Water/Sewer

Annual Expenses

Taxes: $2,681

Income
Gross Income | $42,000
NetIncome | $27,797

UNIT 1 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Info : Appliances Included
Tenant Pays : Electric,Internet Service,TV Service
Rent : 950.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 2 INFORMATION

Beds: 2
Baths: 1
Rooms: 0
Info : Appliances Included
Tenant Pays : Electric,Internet Service,TV Service
Rent : 1050.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to Month

UNIT 3 INFORMATION

Beds: 2
Baths: 1
Info : Appliances Included
Tenant Pays : Electric,Internet Service,TV Service
Rent : 750.00 Monthly
Lease Term : Month to Month
Signed Lease : Yes
Status : Month to M

UNIT 4 INFORMATION

Beds: 2
Baths: 1
Info : Appliances Included
Tenant Pays : Electric,Internet Service,TV Service
Rent : 750.00 Monthly
Lease Term : Month to Month
Status : Month to Month

Construction: Wood Frame
Year Built: 1900
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 4535
Above Grade Sq.Ft.: 3535
Basement: Crawl Space | Unfinished
Foundation: Stone

Exterior Features:
Barn
Exterior Color: Blue
Roof: Membrane
Garage And Parking: Driveway | On-Site
Seasonal: No

Heating: Propane | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Other
Electric Meters: 4
Water: Public
Sewer: Public

Additional Information
Docs Available : Deed | Property Disclosure
Easement - Yes
Taxes $2,681
Assesed Value Not Reported

Schools
School District: Greater Rutland County Supervi
Elementary School: West Rutland School
Middle School: West Rutland School
High School: West Rutland School

5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

Copyright © 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 November 22nd, 2024

Licensed Real Estate Broker in NH and VT read more ...

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM

Web Sites Designed and Hosted by Business Services Consultants.