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    87 Plain Street

    Rutland City, VT 05701
    • $169,900
    • STATUS: Active Under Contract
    • MLS #: 4860887
    Under Contract
    UPDATED: 59 min ago
    $169,900
    • 5
      BEDS
    • 0.31
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,104
      SQFT
    • $55
      $/SQFT
    Type:
    Multi-Family
    Built:
    1890
    County:
    Area:

    School Ratings & Info

    Courtesy of Hughes Group Team of Casella Real Estate.

    Description

    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.

    Monthly Payment Calculator



    © Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2021-07-26T17:05:51.107.
    www.teamtringali.com/homes/117232374
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    87 Plain Street Rutland City, VT 05701

    • Price: $169,900
    • Status: Active Under Contract
    • Updated: 59 min ago
    • MLS #: 4860887
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.31
    Acres
    3,104
    SQFT
    $55
    $/SQFT
    1890
    Built
    County:
    Rutland
    Area:
    Rutland City
    Property Description
    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.
    Exterior Features

    Construction Wood Frame Driveway Paved Exterior Aluminum Exterior Features Garden SpaceShed Garage Type2 Detached Has Garage Yes Lot Description City LotCorner Road Frontage Tbd Roads PavedPublic Roof Shingle - AsphaltSlate Style Multi-Family

    Interior Features

    Basement Access Type Interior Basement Description FullUnfinished Cooling None Flooring CarpetVinyl Foundation Stone Has Basement Yes Heating BaseboardHot Water Total Ranges 3 Total Refrigerators 3 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Water Heater DomesticElectric

    Property Features

    Construction Status Existing Electric Circuit Breaker(S) Flood Zone No Gross Income 27420 Heat Fuel Oil Pre Construction No Seasonal No Sewer Public Tax Gross Amount 5263.76 Tax Year 2021 Taxes Tbd No Total1 Bed Units 2 Total2 Bed Units 0 Total3 Plus Bed Units 1 Unit1 Info Appliances IncludedHeat IncludedHot WaterRange - ElectricRefrigerator Unit1 Rental Amount 1000 Unit1 Tenant Pays Electric Unit2 Info Appliances IncludedHeat IncludedRange - ElectricRefrigerator Unit2 Rental Amount 650 Unit2 Tenant Pays Electric Unit3 Info Appliances IncludedHeat IncludedRange - ElectricRefrigerator Unit3 Rental Amount 635 Unit3 Tenant Pays Electric Utilities Cable - AvailableHigh Speed Intrnt -AvailTelephone Available Water Public Zoning R

    Courtesy of Hughes Group Team of Casella Real Estate.


    © Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 2021-07-26T17:05:51.107.
     
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    Team Tringali | Keller Williams Metropolitan
    50 Nashua Rd, Suite 111
    Londonderry NH, 03053
    Courtesy of Hughes Group Team of Casella Real Estate.