55 Prospect StreetRutland City, VT 05701MLS Number 5001759

  • Price: $350,000
  • Est. Mortgage of $/month
  • 83 Days on Market
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Federal 30-year interest rate: 6.35% last updated on Sep 5, 2024
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55 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 0570155 Prospect Street Rutland City VT 05701
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  • 4Bathrooms
  • 3,591Square Feet
  • 0.21Acreage
  • 1864Year Built
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 .
Listed by Mike Kalil of Watson Realty & Associates

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Office: 802-388-4242
34 Main Street
Middlebury, VT 05753

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Tax Information

  • Tax Year2024

Building

  • Year Built1864
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Floor Location1
  • Unit 2 Bath1
  • Unit 2 Bedrooms3
  • Unit 2 Floor Location2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 3 Floor Location2
  • Unit 4 Bath1
  • Unit 4 Floor Location1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms1
  • # of 3+ Bedrooms2
  • Bathroom4
  • Total Baths4
  • BasementFull, Stairs - Exterior, Unfinished
  • FoundationBrick, Stone

Basic Information

  • StatusACT
  • List Price$350,000
  • Date Price Change06/21/2024
  • MLS Number5001759
  • MLS StatusActive

Property

  • Acreage0.21
  • Parking Spaces
  • Lot0.21
  • Square Feet3,591
  • APX Fin AG Sqft3,591
  • Road Frontage100
  • RoadsPublic

Amenities

  • PricePerSqFt97.47

Other

  • Taxes$4,718.84
  • Seasonal Y/NNo
  • Date Listed06/21/2024
  • Unit 1 Deposit$1,584
  • Unit 2 Rent Amount$1,717
  • Unit 3 Rent Amount$1,346
  • Unit 4 Rent amount$1,400
  • View Count5

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningResidential
  • Elementary SchoolNorthwest Primary School
  • Junior HighRutland Middle School
  • Flood Zone Y/NNo

Exterior

  • RoofShingle - Asphalt
  • Exterior ColorWhite

Utilities

  • Heat FuelGas - LP/Bottle, Oil
  • Heat SystemHot Air, Wall Units
  • Electric100 Amp,220 Plug, Circuit Breaker(s)
  • SewerPublic
  • UtilitiesCable
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