Listing Provided Courtesy Of:
Mike Kalil with Watson Realty & Associates.
Address
10 Merchants Row Rutland City, VT
Price
$ 249,500
Property Attributes
  • MLS#4789591
  • TypeMulti-Family
  • CountyRUTLAND
  • CityRutland City
  • AreaRutland
  • Zip05701
  • StyleContemporary,Multi-Family
  • Year Built1900
  • Taxes$ 5771
  • Price$ 249,500
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3650
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Mike Kalil with Watson Realty & Associates.
Data Source:
Northern New England Real Estate Network (NNEREN) - 85 - NH
Property Description

Great Investment opportunity in a prime location in the city right across from court house, over 9% Cap Rate at asking price, building is in a real nice condition, very well cared for no deferred maintenance, good rental history. The property consists of a large commercial space (over 2000 SF.) on the first floor which has all amenities you need for either an office or retail space, its vacant now, Second floor has 2 apartment units, a 1 bedroom and a 2 bedroom units ,Leases on all units. property is completely updated and up to code, Heating and roof are fairly new. this listing is also listed under commercial listing MLS 4789107

Price History
7/6/2021 Listed $249,500

General Features

Basement No
Construction Wood Frame
Construction Status Existing
Cooling Other
Electric Circuit Breaker(s)
Exterior Features Handicap Modified
Flood Zone No
Garage No
Heating Heat Pump
Listing Area VT-Rutland
Net Income 24882
Parking Parking Spaces 3
Price Per Sq Ft 68.36
Road Frontage Yes
Roof Shingle - Architectural
Sewer Public
Status Active
Stories 2
Style Contemporary, Multi-Family
Tax Year 2020
Total Heat Units 2
Unit 2 Level Number 2
Unit 3 Level Number 2
Utilities Cable, DSL, High Speed Intrnt -Avail
Water Public
Water Heater Electric
Year Built 1900
Zoning Commercial

Interior Features

Heating Fuel Gas - LP/Bottle
Sqft-apx Fin Above Grade 3650
Sqft-apx Total 3650
Sqft-apx Total Finished 3650
Total 2 Br Units 1
Total 3+ Br Units 2
Total Full Baths 3
Total Number of Units 3
Total Ranges 3
Total Refrigerators 3
Total Water Heaters 1
Unit 1 Apx Sqft 2000
Unit 1 Rooms 6
Unit 2 Bedrooms 1
Unit 3 Bedrooms 2

Exterior Features

Unit 1 Baths 1
Unit 2 Baths 1
Unit 3 Baths 1
Driveway Paved, Right-Of-Way (ROW)
Exterior Wood
Foundation Concrete
Lot Description City Lot, Corner, Neighbor Business, Sidewalks
Lot Size Area 0.1
Road Frontage Length 40
Roads Paved, Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 05701

Statistics provided by Inside Real Estate

Price
AVG $170K
$250K
Taxes
AVG $4,799
$5,771
Visits
AVG 12
25
Year Built
AVG 1903
1900
Walkscore
AVG 72
89
Data Provided by Walkscore ® not using MLS data

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