Price Reduced 3.34%

$289,000 ($100.14 per sqft)

Est. Mortgage $1,537/mo *

Quick Pre-Approval

Listing courtesy of Mark Triller, Real Broker LLC Phone: 802-613-0729


Price History

$299,000
9/23/2024

$289,000
11/7/2024


40 Summer Street, Rutland City, VT, 05701

40 Summer Street, Rutland City, VT, 05701

4 beds

4 Full baths

1850

Multi-Family

2,886 sqft

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.


Status:

Active

Type:

Multi-family

Units:

3

Zoning:

10

Heating:

Oil, Forced Air

Cooling:

Mini Split

Basement:

Stairs - Interior, Unfinished

Parking:

Carport, On Street, Paved

Acreage:

0.12

Est. Taxes:

$4,513

Assessment

$153,300

Lot Description:

City Lot

Elementary School:

Northwest Primary School

Middle School:

Rutland Intermediate School

High School:

Rutland Senior High School

School District:

Rutland City School District

MLS #:

5015604


Community Info

School Info

Walk Score

Mass Transit

Yelp