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Adam Dow

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

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84 Granger St , Rutland City, VT 05701
$225,000
Est. Payment: $500.00/mo
6 Bed
2 Bath
2060 Sqft
Status: Active Under Contract | Days on site: 27
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House Description

Spacious Two Family Home with Large Barn, Updated Systems & Excellent Investment Potential Welcome to this spacious and well-maintained two family home situated on a level, fully fenced lot in a desirable section of town. The property offers an excellent combination of comfortable living space, rental income potential, and valuable additional space for a garage, workshop, office, or business use. Each unit features three bedrooms, and both units are currently occupied by long-term tenants. The rents are well below current market rates, providing a significant opportunity for a new owner to increase rental income over time. The home has separate heating systems, pex & copper 100% redone, along with two fairly new oil tanks. The owner currently pays for heat, and the heating expense is included in the property’s operating expenses. The plumbing has been substantially updated, with PVC plumbing throughout all of the property, including the main water line to the house. Each apartment has its own 100 amp electrical service, while the large barn/workshop is equipped with an impressive 200 amp electrical service. the electrical system has also been updated, including hardwired smoke detectors The property also offers flexibility for an owner occupant or investor. With the existing layout and utilities, there may be an opportunity to reconfigure the property so that one unit is used primarily by the owner. One of the property’s standout features is the huge barn, currently used by the owner as a garage, office, and workshop. It provides an exceptional amount of additional space for vehicles, equipment, storage, hobbies, or a potential home-based business. The location is another major advantage conveniently close to shopping, restaurants, services, and other everyday amenities, while being situated in a very nice section of town. Whether you’re looking to live in one unit and have the other help pay your mortgage, or you’re seeking an investment property

Highlights

Listed by Mohammad Kalil , 802-773-3500 Watson Realty & Associates , 802-773-3500.

Property Type

Multi-Family

Lot/Acreage
0.34

Year Built

1900

County

Rutland

School District

Rutland City School District

Listing ID

5105676

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:2
  • Full Bathrooms:
Above Ground Sq Ft:2060
Basement:Yes,Unfinished

Exterior Features

Lot:Existing
Zoning:Residential
Roof:Asphalt Shingle
Sewer:Public
Principal Interest
$500
Taxes
$352

Home Price

$225,000

Loan Details

30 yrs
%

Down Payment

20%
$45,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$500.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $500.00 $351.89 $0.00 $851.89
Yearly $6,000.00 $4,222.68 $0.00 $10,222.68
Total $180,000.00 $126,680.40 $0.00 $306,680.40

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.