Listing courtesy of Mike Kalil, Watson Realty & Associates Phone: 802-773-3500
55 Prospect Street, Rutland City, VT, 05701
9 beds
4 Full baths
1864
Conversion
3,591 sqft
Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .
Status:
Pending
Type:
Multi-family
Units:
4
Zoning:
Residential
Frontage:
100
Heating:
Hot Air, Wall Units
Cooling:
Wall AC Units
Basement:
Full, Stairs - Exterior, Unfinished
Parking:
Off Street, Parking Spaces 5, Unassigned, Unpaved
Acreage:
0.21
Est. Taxes:
$4,719
Lot Description:
City Lot
Elementary School:
Northwest Primary School
Middle School:
Rutland Middle School
MLS #:
5001759