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Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

78 Traverse

Rutland City, VT 05701

– beds
– baths
3,560 sqft
5,227 sqft lot
$123 per sqft
1900 build
– on site

RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate—a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.

Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

Last checked: Checking… • Last updated Mar 30, 2024 •

MLS# 4988146 —

The Building

Year Built:

1900
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Clapboard Exterior
Architectural Style:

Multi-Family
Roof:

Shingle - Asphalt
Foundation:

Concrete
Total Stories:

2
Total Units:

5
Approx SqFt Total:

5340
Approx SqFt Total Finished:

3,560 Sqft
Approx SqFt Finished Above Grade:

3,560 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished AG Source:

Public Records
Approx SqFt Unfinished Below Grade:

1780
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:

Unfinished
Basement Access Type:

Walk-up
Room 5 Type:

Leased

Room Dimensions

Room 16 Dimensions:

studio

Location

Latitude:

43.605883687663749
Longitude:

-72.986160186508187

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot SqFt:

5,227 Sqft
Lot Acres:

0 Sqft
Zoning:

mixed residential
Exterior Features:

Porch - Covered
Driveway:

Paved
Roads:

Paved, Public
Lot Features:

City Lot, Level, Sidewalks

Listing Agent

Contact info:

Taxes

Taxes TBD:

Unknown

Beds

Total 2 Bedroom Units:

3

Baths

Full Baths Size:

0 Sqft
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

123.6
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
Covenants:

Unknown

Parking

Parking:

Driveway

Extra Units

Unit 1 Bedrooms:

2
Unit 2 Bedrooms:

2
Total 3+ BR Units:

1
Unit 3 Bedrooms:

3
Unit 3 Baths:

2
Unit 4 Baths:

1
Unit 5 Bedrooms:

2
Unit 5 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

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Sale history

Date	Event	Source	Price	% Change
3/15/24 Mar 15, 2024	Listed / Active	PRIME_MLS	$440,000
12/28/23 Dec 28, 2023	Listed / Active	PRIME_MLS

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This multifamily located in Rutland, VT 05701 is currently for sale for $440,000. 78 Traverse is a 3,560 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.