Here is a well maintained 3 unit property on the corner of Plain and Granger St in Rutland City. The first floor has two 1 bedroom units with great tenants who have been there for years. The entire second floor makes up the third unit, which has 3 nice size bedrooms, a large living room, and a dining area. Apartments of this size are hard to come by. Additional features are the 2 car garage with an attached carport and shed providing great storage, laundry hookups, and a private porch for each unit. Monthly rental income has not been increased in years, so there is room for this property to produce more income. The property has a CAP rate of just below 10%. This is a great investment opportunity or the large upstairs apartment would be perfect as an owner occupied unit. Showings to begin on 05/19/2021.
Listing courtesy of PRIME_MLS / Hughes Group Team / Casella Real Estate
Last checked:
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Last updated Mar 22, 2023
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MLS# 4860887 —
The Building
Year Built:
1890
Pre-Construction:
No
Construction:
Wood Frame
Construction Status:
Existing
Style:
Multi-Family
Roof:
Shingle - Asphalt, Slate
Exterior:
Aluminum
Foundation:
Stone
Total Stories:
2
Total Units:
3
Approx SqFt Total:
4894
Approx SqFt Total Finished:
3,104 Sqft
Approx SqFt Finished Above Grade:
3,104 Sqft
Approx SqFt Finished Below Grade:
0 Sqft
Approx SqFt Unfinished Above Grade Source:
Public Records
Approx SqFt Unfinished Below Grade:
1790
Approx SqFt Finished Building Source:
Public Records
Approx SqFt Unfinished Building Source:
Other
Approx SqFt Finished Above Grade Source:
Public Records
Interior
Basement:
Yes
Basement Description:
Full, Unfinished
Basement Access Type:
Interior
Flooring:
Carpet, Vinyl
Location
Directions:
Property is on the corner of Plain St and Granger St
Latitude:
43.597477619099429
Longitude:
-72.978819813491810
The Property
Property Class:
Multi-Family
Seasonal:
No
Lot Description:
City Lot, Corner
Lot SqFt:
13,504 Sqft
Lot Acres:
0 Sqft
Zoning:
R
Exterior Features:
Garden Space, Shed
Driveway:
Paved
Roads:
Paved, Public
Listing Agent
Contact info:
Office phone:
(802) 772-7487
Taxes
Tax Year:
2021
Taxes TBD:
No
Tax - Gross Amount:
$5,263.76
Beds
Bedrooms - Level 4:
4
Baths
Total Full Baths:
3
Unit 1 Baths:
1
Unit 2 Baths:
1
The Listing
Price Per SqFt:
56.31
Foreclosed/Bank-Owned/REO:
No
Heating & Cooling
Heating:
Baseboard, Hot Water
Heat Fuel:
Oil
Water Heater:
Domestic, Electric
Utilities
Utilities:
Cable - Available, High Speed Intrnt -Avail, Telephone Available
Sewer:
Public
Water:
Public
Electric:
Circuit Breaker(s)
Appliances
Total Refrigerators:
3
The Community
Covenants:
Unknown
Parking
Garage:
Yes
Garage Type:
Detached
Garage Capacity:
2
Extra Units
Unit 1 Rooms:
7
Unit 1 Bedrooms:
3
Unit 2 Bedrooms:
1
Total 3+ BR Units:
1
Unit 3 Rooms:
4
Unit 3 Bedrooms:
1
Unit 3 Baths:
1
Unit 1 Info:
Appliances Included, Heat Included, Hot Water, Range - Electric, Refrigerator
Unit 2 Info:
Appliances Included, Heat Included, Range - Electric, Refrigerator
Unit 3 Info:
Appliances Included, Heat Included, Range - Electric, Refrigerator
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average. The school service areas are not definitive and should only be used as guidance.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date
Event
Source
Price
% Change
10/18/21
Oct 18, 2021
Sold
PRIME_MLS
$174,800
2.9%
6/17/21
Jun 17, 2021
Sold Subject To Contingencies
PRIME_MLS
$169,900
5/14/21
May 14, 2021
Listed / Active
PRIME_MLS
$169,900
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No additional history available
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Multifamily
Sold
on 10/18/2021
$174,800
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Listing provided by broker:
Hughes Group Team
Casella Real Estate
Listing Agents and Buyer’s Agents represent the two sides of a real estate transaction. As a Seller of a home, your Listing Agent represents your interests and will advise, consult and follow your instructions to sell your property at the best possible price and terms.
If you’re a Buyer, a Buyer’s Agent advises you throughout the transaction, helping you get the best deal and advocating for you. The Buyer’s Agent commission is also paid by the Seller, so the Buyer never sees a bill for their service.
Many first time Buyers believe they can work without a Buyer’s Agent and instead use the same agent as the Seller. When both Buyer and Seller use the same agent, known as “dual agency”, it can sometimes save on fees, but it also puts the agent in a conflict of interest, not fully representing either party.
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Listing Courtesy of: PRIME_MLS
and 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.
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Last updated Mar 22, 2023
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