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Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

106 Library

Rutland City, VT 05701

– beds
– baths
4,704 sqft
8,276 sqft lot
$114 per sqft
1988 build
– on site

RUTLAND CITY, VT — An exciting investment opportunity awaits at this fantastic 6-unit multifamily property. With a stellar rental history and all units currently leased, this building is a testament to its consistent appeal among tenants, making it an enticing prospect for savvy investors. 106 Library Ave offers a very rare opportunity —a multifamily building with six units, all contributing to a robust and steady income stream. This unique feature positions the property as a valuable find for investors seeking a reliable source of returns in Rutland's real estate market. 106 Library Ave is a standout in Rutland's real estate landscape—a dynamic 6-unit multifamily property with a proven rental history. Don't miss out on this fantastic investment opportunity that promises both financial stability and growth. Act now to secure a property that combines rarity, income potential, and lasting value. Property has a cap rate over 11% at the current list price! 4 other properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties.

Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

Last checked: Checking… • Last updated Apr 10, 2024 •

MLS# 4988183 —

The Building

Year Built:

1988
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Multi-Family
Roof:

Metal
Foundation:

Concrete
Total Stories:

3
Total Units:

6
Approx SqFt Total:

4704
Approx SqFt Total Finished:

4,704 Sqft
Approx SqFt Finished Above Grade:

4,704 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Finished Building Source:

Public Records
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished AG Source:

Public Records

Interior

Basement:

Yes
Basement Description:

Apartments
Basement Access Type:

Walkout
Room 5 Type:

Leased

Location

Latitude:

43.612022839854816
Longitude:

-72.984087644180306

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

8,276 Sqft
Lot Acres:

0 Sqft
Zoning:

mixed residential
Driveway:

Gravel
Roads:

Paved, Public
Lot Features:

City Lot, Level, Sidewalks

Listing Agent

Contact info:

Taxes

Taxes TBD:

Unknown

Beds

Total 2 Bedroom Units:

5

Baths

Full Baths Size:

0 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

114.8
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Baseboard, Hot Water
Heat Fuel:

Oil
Fuel Company:

Keyser

Utilities

Utilities:

Cable - Available, Telephone Available
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public

The Community

Condo Name:

Monthly
Area Description:

In Town, Neighborhood, Near Public Transportatn
Marina Name:

Monthly
Covenants:

Unknown

Extra Units

Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

2
Unit 3 Bedrooms:

2
Unit 3 Baths:

1
Unit 4 Bedrooms:

2
Unit 4 Baths:

1
Unit 5 Bedrooms:

2
Unit 5 Baths:

1
Unit 6 Bedrooms:

2
Unit 6 Baths:

1
Unit 1 Info:

Range - Electric, Refrigerator
Unit 2 Info:

Range - Electric, Refrigerator
Unit 3 Info:

Range - Electric, Refrigerator
Unit 4 Info:

Range - Electric, Refrigerator
Unit 5 Info:

Range - Electric, Refrigerator
Unit 6 Info:

Range - Electric, Refrigerator

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Sale history

Date	Event	Source	Price
4/9/24 Apr 9, 2024	Listed / Active	PRIME_MLS	$540,000
4/1/24 Apr 1, 2024	Sold Subject To Contingencies	PRIME_MLS	$540,000
3/15/24 Mar 15, 2024	Listed / Active	PRIME_MLS	$540,000

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This multifamily located in Rutland, VT 05701 is currently for sale for $540,000. 106 Library is a 4,704 square foot multifamily with – beds and – baths that has been on Estately for 43 days. This multifamily is in the attendance area of Rutland Intermediate School and Rutland Senior High School.

Listing Courtesy of: PRIME_MLS and Real Broker LLC.

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.