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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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52 South Main St , Rutland City, VT 05701
$300,000
Est. Payment: $666.67/mo
4 Bed
4 Bath
2326 Sqft
Status: Active | Days on site: 12
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House Description

A solid investment or owner-occupant opportunity awaits at 52 South Main Street in Rutland City. This well-maintained four-unit property features four one-bedroom apartments offering clean, comfortable and practical living spaces. The building has benefited from several important improvements that help take some of the uncertainty out of owning an older multifamily property. The asphalt roof and vinyl siding are approximately 12 years old, the boiler is approximately 5 years old, and vinyl replacement windows are found throughout. The apartments themselves are clean and reasonably updated—simple, functional spaces that have been well maintained without trying to be something they're not. Current rents are believed to be below today's market, providing a new owner with potential for increased income over time. Ample off-street parking adds convenience, and the central Rutland location makes it easy to reach downtown, shopping, medical services, employment and major travel routes. For an investor, this is a manageable four-unit with many of the larger building improvements already completed and potential upside in the rents. For an owner-occupant, it offers the opportunity to live simply while three additional apartments help support the cost of ownership. Clean, practical and conveniently located, 52 South Main Street offers a straightforward multifamily investment with room for future income growth.

Highlights

Listed by Mark E Triller , 802-770-8259 Real Broker LLC , 802-613-0729.

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1900

County

Rutland

School District

Rutland City School District

Listing ID

5107800

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:4
  • Full Bathrooms:
Floor:Carpet,Vinyl
Above Ground Sq Ft:2152
Basement:Yes,Dirt Floor,Unfinished

Exterior Features

Lot:Existing
Zoning:Resd 1
Roof:Asphalt Shingle
Sewer:Public
Principal Interest
$667
Taxes
$399

Home Price

$300,000

Loan Details

30 yrs
%

Down Payment

20%
$60,000
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Monthly Price:
$666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $666.67 $398.71 $0.00 $1,065.38
Yearly $8,000.00 $4,784.56 $0.00 $12,784.56
Total $240,000.00 $143,536.80 $0.00 $383,536.80

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rutland City, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.