Multi-Family for Sale: 18 Church Street, Rutland City, VT 05701 SOLD

6 beds
4 full baths
2,984 sqft
$290,000
$290,000
18 Church Street, Rutland City, VT 05701 SOLD
6 beds
4 full baths
2,984 sqft
$290,000
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Selling Price: $290,000
Original List Price: $299,000
Sold at 97.0% of list price
Sold Date: 08/26/2024

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Type Multi-Family
Style Colonial
Beds 6
Total Baths 4 full baths
Square Feet 2,984 sqft
Lot Size 0.15 acres
Year Built 1910
City Rutland City
County Rutland
MLS 4993527
Status Closed
DOM 21 days
Welcome to 18 Church St! This four-unit multi-family property presents a rare investment opportunity. A high cash flow opportunity at a 13% cap on current NOI of $36K+. The building has been professionally maintained with very little deferred maintenance. Each unit offers comfortable living spaces with updated modern amenities. Situated conveniently within walking distance of downtown shops and restraunts. Priced to sell this deal will not last. This property can be sold as a package with 20 Church St. MLS #4993514.

Lot & Building Features

Utilities Cable - At Site
Construction Wood Frame
Cooling None
Heat Source Gas - LP/Bottle
Heating Baseboard
Parking Description Off Street
Sewer Public Sewer On-Site
Tax Year 2024
Water Public Water - On-Site
Basement Description Insulated
Foundation Block w/ Skim Coating
Lot Description City Lot
Roof Shingle - Asphalt
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rooms 3
Unit 1 Status Vacant
Unit 1 Tenant Pays Electric, Internet Service
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Lease Term Month to Month
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1100.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Rooms 3
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Internet Service
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Month to Month
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1253.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Rooms 4
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Internet Service
Unit 4 Baths 1
Unit 4 Bedrooms 2
Unit 4 Lease Term Month to Month
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1075.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Rooms 4
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Internet Service

Price History of 18 Church Street, Rutland City, VT

Date Name Price Difference
05/01/2024 Listing Price $290,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 18 Church Street, Rutland City, VT

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Inquire about this property

Photo of Ryan Whalen
Direct: 603-809-0101
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Casella Real Estate, Hughes Group Team
Sold by Chris Fucci Associates, LTD, Keith Eddy
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1%
6.75%
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Listing information courtesy of: Casella Real Estate

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 11/13/2024