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Additional details
Listed by Hughes Group Team • Casella Real Estate
$319,900
Est. payment /mo
8 Beds
5 Baths
3,220 SqFt
UPDATED:
11/15/2024 04:46 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,220 sqft
Price per Sqft $99
MLS Listing ID 5022191
Bedrooms 8
Full Baths 5
Construction Status Existing
Year Built 1885
Annual Tax Amount $4,855
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Property Description
Here is an investment opportunity with this well-maintained multi-family property, featuring five rental units and a solid cap rate of 10%. This property includes three two-bedroom apartments, a comfortable one-bedroom unit, and a cozy efficiency, offering a balanced mix of layouts to attract a wide variety of tenants. All apartments benefit from included amenities that simplify the rental experience, with heat, trash removal, snow removal, and lawn care covered in the rent. Tenants pay their own electric bills, aside from Apartment C. The property also has a large off-street parking area, providing convenient and ample parking for all residents. Ideally located within walking distance of essential amenities, this property allows tenants to enjoy easy access to local stores, restaurants, and a laundromat. With these appealing features, the property is consistently occupied and benefits from strong rental demand in the area. Whether you’re expanding an existing portfolio or entering the multifamily market, this property is positioned to provide reliable returns in a thriving rental market.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning unknown
Rooms
Basement Entrance Walk-up
Basement Unfinished
Interior
Heating Oil
Cooling None
Exterior
Utilities Available Telephone Available
Roof Type Membrane
Building
Story 2
Foundation Stone
Sewer Public
Construction Status Existing
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