99 Center St, Rutland City, VT 05701

$320,000
3,720
SqFt

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Listing courtesy of Owen T Loughan from Westside Real Estate. ()

List Price
$320,000
Status
ACTIVE UNDER CONTRACT
MLS#
5103041
Living Area
3,720
Lot Size
6,970
Acres
0.16
Year Built
1880

Property Description

RUTLAND CITY: Excellent investment opportunity! This income producing 4-unit multifamily offers immediate cash flow with tremendous value-add potential. Three units are currently occupied with a long history of reliable tenancy, while the fourth unit is ready for completion, providing an excellent opportunity to increase rental income. Current rents are well below market, offering significant upside for investors. The property features new electrical throughout the building, four separate electric meters, a durable slate roof in excellent condition, and public water and sewer. Conveniently located near downtown Rutland, shopping, restaurants, schools, and public transportation, this is an outstanding opportunity to add a well-positioned property to your portfolio.

Additional Information

Listing Agent
Owen T Loughan
Listing Office
Westside Real Estate
Style
Multi-Family
School District
Rutland City School District
Elementary School
Rutland Northeast Primary Sch
Middle School
Rutland Middle School
High School
Rutland Senior High School
Electric
Service - 201 to 600 Amps
Utilities
Other
Basement
Bulkhead, Crawl Space
Foundation
Concrete, Stone
Sewer
Public Sewer
Roof
Asphalt, Slate
Zoning
Residential
Water
Public

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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