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


$369,000

Price Change! reduced by $30,000 on October 11th 2024
MLS# 5016830
4460 sq.ft. Bedroom | 0 Bathroom
Multi Family
2 Jackson Avenue Rutland City VT
 
Price Change! reduced by $30,000 on October 11th 2024
$369,000 | $83 per sq.ft. | MLS# 5016830 A 4  Unit Multi Family Home, 2 Jackson Avenue Rutland City VT With 2 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units

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! Appliances : Water Heater – Electric | Water Heater – Separate

Annual Expenses
Taxes: $6,415
    Income Gross Income | $
NetIncome | $

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
Rent : 1050.00 Monthly
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
Rent : 1355.00 Monthly
Status : Leased

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Vinyl Siding | Price Per SQ.FT. 82.74 | Year Built: 1880
LAND DESCRIPTION: LOT DESCRIPTION: City Lot | Corner | Curbing | Sidewalks | Street Lights
Avail.Sq.Ft.: 4
Livable Space: 4460
Above Grade Sq.Ft.: 4460
Below Grade Sq.Ft.: 0
Foundation: Stone
Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Style: Apartment Building | Multi-Family
Roof: Shingle
Water: Public
Sewer: Public
Lot size: 0.24 acres
Zoned: 10
Surveyed: Unk
Flood Zone: No
Seasonal: No
Roads: Public
Driveway: Paved

ADDITIONAL INFORMATION
Docs Available : Certificate of Occupancy | Deed | Lease Agreements | Tax Map
Taxes $6,415  | Assesed Value $165,600 in 2023
SCHOOLS
School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Intermediate School
High School: Rutland Senior High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

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