Multi-Family for Sale: 55 Prospect Street, Rutland City, VT 05701

9 beds
4 full baths
3,591 sqft
$350,000
$350,000
55 Prospect Street, Rutland City, VT 05701
9 beds
4 full baths
3,591 sqft
$350,000
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Price:
$350,000

Type Multi-Family
Style Conversion
Beds 9
Total Baths 4 full baths
Square Feet 3,591 sqft
Lot Size 0.21 acres
Year Built 1864
Taxes Paid $4,718

City Rutland City
County Rutland

MLS 5001759
Status Active
DOM 92 days
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 .

Lot & Building Features

Appliances Water Heater – Oil, Water Heater–Gas–LP/Bttle
Utilities Cable
Construction Asphalt Exterior, Wood Frame, Vinyl Exterior
Cooling Wall AC Units
Heat Source Gas - LP/Bottle, Oil
Heating Hot Air, Wall Units
Parking Description Off Street, Unpaved, Unassigned, Parking Spaces 5
Sewer Public
Tax Year 2024
Taxes Paid $4,718
Water Public
Basement Description Full, Unfinished, Stairs - Exterior
Foundation Brick, Stone
Lot Description City Lot
Roof Shingle - Asphalt
Garage No

Community and Schools

Elementary School Northwest Primary School
Junior High School Rutland Middle School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 3
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 1584.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Month to Month
Unit 2 Baths 1
Unit 2 Bedrooms 3
Unit 2 Level Number 2
Unit 2 Rental Amount 1717.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Vacant
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Level Number 2
Unit 3 Rental Amount 1346.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Vacant
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Lease Term Month to Month
Unit 4 Level Number 1
Unit 4 Rental Amount 1400.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Month to Month

Price History of 55 Prospect Street, Rutland City, VT

Date Name Price Difference
06/20/2024 Listing Price $350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 55 Prospect Street, Rutland City, VT

Location Map Street View
Photo of Andy DeVries
Direct: 603-930-8745
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Watson Realty & Associates, Mike Kalil
$
20%
1.34824%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

55 Prospect Street (MLS #5001759) is a multi-family listing located in Rutland City, VT. This multi-family listing is 3,591 sqft and on a lot of 9,148 sqft (or 0.21 acres) with 9 bedrooms, 4 baths and is 160 years old. This property was listed on 06/21/2024 and has been priced for sale at $350,000.

Nearby zip codes are 05701 3203, 05759, 05765 9710, 05765 and 05777. This property neighbors other cities such as Clarendon, Mendon, Proctor, Rutland Town and West Rutland.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Watson Realty & Associates

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 09/20/2024