52 East StreetRutland City, VT 05701MLS Number 4998793

Price: $414,000
Est. Mortgage of $/month
101 Days on Market

Investors, don't miss this motivated seller's offer! Schedule a viewing today to discover a remarkable building that could become the crown jewel of your portfolio. Here are some key financial highlights- Annual income $51,600, Rental income $4,200 per month, Annual net income of $45,480 cash on cash at listed price, Annual return if owner occupying with 10% down is approximately $11,000 at current rates. Also, it looks like rates are scheduled to drop soon!! With a stable rental history and reliable tenants, this property promises consistent income. It's well-maintained, ensuring low maintenance costs and minimal effort. Consider the potential for even higher returns when interest rates adjust, allowing for a lucrative refinance opportunity. Whether you're seeking an addition to your investment portfolio or a property for owner occupancy, this building offers exceptional value. Contact your local agent today to schedule a viewing and secure this prime investment opportunity!

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Tax Information

Tax Year2023

Building

Year Built1900
Units3
Unit 1 Bath1
Unit 1 Bedrooms3
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 3 Bath1
Unit 3 Bedrooms1
# of 1 Bedrooms2
# of 3+ Bedrooms1
Bathroom3
Total Baths3
BasementConcrete Floor, Unfinished
FoundationStone

Basic Information

StatusACT
List Price$414,000
Date Price Change08/06/2024
MLS Number4998793
MLS StatusActive

Property

Acreage0.15
Parking Spaces
Square Feet2,840
APX Fin AG Sqft2,840
RoadsPaved

Amenities

PricePerSqFt145.77

Other

Taxes$2,270.32
Seasonal Y/NNo
Date Listed06/04/2024
Unit 1 Deposit$1,900
Unit 2 Rent Amount$1,150
Unit 3 Rent Amount$1,150
View Count7

Location

TownRutland City
StateVT
Zip05701
CountyRutland
Zoningres
Flood Zone Y/NNo

Exterior

RoofShingle

Utilities

Heat FuelGas - LP/Bottle
Heat SystemForced Air
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable - Available

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ 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 September 13, 2024 10:42 AM EDT

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52 East StreetRutland City, VT 05701MLS Number 4998793

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