Price Reduced 3.34%
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
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