$299,000 | $104 per sq.ft. | MLS# 5015604
A
3
Unit Multi Family Home, 40 Summer Street Rutland City VT
With 2 - One Bedroom Units | 1 - Two Bedroom Units
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Description:
Looking for the perfect investment property, or perfect opportunity to owner occupy? Then you need to check out this well maintained, 3 unit, 4 bed, 4 bath, multi-family property only a few blocks from downtown shopping, dining and events. Two of the apartments, #2 and #3, were recently renovated in 2022 ( see attached list of improvements ) with new washers and dryers, vinyl plank flooring, kitchen counter tops and cabinets, and new appliances and an energy efficient mini split in apt#3 for Summer cooling and economical heat. This property has a single oil FHA furnace replaced in 2000 and a new oil tank replaced in 2022 with vinyl siding and newer vinyl windows all around and an electrical cost saving solar array on the roof. All old knob and tube wiring terminated and replaced. And you'll find that there is little to no deferred maintenance here at this property. Month to month leases with reliable rental income and an opportunity to improve cash flow. There's plenty of on-street and off-street parking as well a carport to get your car out of the weather and a large rear deck to enjoy the mountain view. You're less than 20 minutes from Killing/Pico Ski Resorts, and less than 2 hours from Burlington or Albany Airport. This is a must see.
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Annual Expenses
Taxes: $4,513 |
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Income
Gross Income | $
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UNIT 1 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 1Info : Heat IncludedTenant Pays : Electric,Internet ServiceRent : 500.00 MonthlyLease Term : Month to Month Signed Lease : No Status : Month to Month
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UNIT 2 INFORMATION
Beds: 1Baths: 1Rooms: 0Level: 1Info : Dryer,Heat Included,WasherTenant Pays : Internet ServiceRent : 1000.00 MonthlyLease Term : Month to Month Signed Lease : Yes Status : Month to Month
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UNIT 3 INFORMATION
Beds: 2Baths: 2Level: 2Info : Air Conditioner,Dryer,Heat Included,WasherRent : 1600.00 MonthlyStatus : Month to M
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FEATURES AND DETAILS
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CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 103.60 | Year Built: 1850 |
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LAND DESCRIPTION:
LOT DESCRIPTION: City Lot |
Avail.Sq.Ft.: 3 Livable Space: 2886 Above Grade Sq.Ft.: 2886 Below Grade Sq.Ft.: 0 Foundation: Fieldstone Heating: Forced Air Cooling: Mini Split HeatFuel: Oil Electric: Circuit Breaker(s) Style: Multi-Family Roof: Shingle Water: Public Sewer: Public
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Lot size: 0.12 acres Zoned: 10 Surveyed: Unk Flood Zone: Unknown Seasonal: No Garage And Parking: Carport | On Street | Paved Roads: Public Driveway: Paved |
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ADDITIONAL INFORMATION
Taxes $4,513 | Assesed Value $153,300 in 2023 |
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SCHOOLS
School District: Rutland City School District Elementary School: Northwest Primary School Middle School: Rutland Intermediate School High School: Rutland Senior High School |
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15 Buck Rd. Hanover, NH 03755 603-643-3942
Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College
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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 1st, 2024
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