998 U S Route 4 EastRutland Town, VT 05701MLS Number 4861271

  • Price: $1,750,000
  • Est. Mortgage of $/month
  • 253 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Pending
998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701998 U S Route 4 East Rutland Town VT 05701
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  • 4.31Acreage
  • 1950Year Built
  • 20,000Square Feet
  • PendingMLS Status

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Listed by Mike Kalil of Watson Realty & Associates
Turn-key income-generating property. This property is very well cared for, located between Killington and Rutland, completely updated and up to code. Consists of 16 units(1,2,3 bedroom furnished apartments), 8 town houses and 51 self storage units with plenty of parking spaces and some garages. Parking lot is paved. NOI is $221,185 Cap Rate 11.5% at this price. Also this property sets on 4.3 Acres acre. 1.3 acre lot has been subdivided with great frontage on Route 4; appraised value for the lot is $150K. This property has so much to offer.

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More Info

Basic Information

  • StatusPEN
  • Property TypeMulti-Family
  • List Price$1,750,000
  • Date Price Change05/18/2021
  • MLS Number4861271
  • MLS StatusPending

Exterior

  • ExteriorVinyl, Wood
  • RoofShingle - Architectural

Utilities

  • Heat FuelOil
  • Heat SystemBaseboard
  • UtilitiesDSL, High Speed Intrnt -Avail, Internet - Cable, Phone
  • WaterDrilled Well
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic

Location

  • TownRutland Town
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningCommercial, Residential
  • Flood Zone Y/NNo

Property

  • Acreage4.31
  • Parking Spaces3
  • Square Feet20,000
  • APX Fin AG Sqft20,000
  • Road Frontage300
  • RoadsPublic
  • Lot DescriptionLevel, Mountain View, Rental Complex, View

Building

  • Year Built1950
  • Building ConstructionWood Frame
  • StyleApartment Building, Multi-Family, Townhouse
  • Units24
  • # of 1 Bedrooms7
  • # of 2 Bedrooms14
  • # of 3 Bedrooms3
  • BasementPartial, Unfinished
  • FoundationPoured Concrete

Amenities

  • Exterior AmenitiesDeck, Patio

Other

  • Taxes$26,112
  • Seasonal Y/NNo
  • View Count5
Tim Scott Real Estate
Tim Scott Real Estate
Office: 802-748-8000
725 Railroad Street
St. Johnsbury, VT 05819
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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 January 25, 2022.

 

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