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Adam Dow

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

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99 Center St , Rutland City, VT 05701
$320,000
Est. Payment: $711.11/mo
6 Bed
4 Bath
3720 Sqft
Status: Active Under Contract | Days on site: 22
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House 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.

Highlights

Listed by Owen T Loughan , 802-558-4080 Westside Real Estate , 802-438-5341.

Property Type

Multi-Family

Lot/Acreage
0.16

Year Built

1880

County

Rutland

School District

Rutland City School District

Listing ID

5103041

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Wall AC Units
Fireplaces:
Floor:Carpet,Combination,Hardwood
Above Ground Sq Ft:3720
Basement:Yes,Bulkhead,Crawl Space

Exterior Features

Lot:Existing
Zoning:Residential
Roof:Asphalt Shingle,Slate
Sewer:Public
Parking Features:On-Site
Principal Interest
$711
Taxes
$204

Home Price

$320,000

Loan Details

30 yrs
%

Down Payment

20%
$64,000
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Monthly Price:
$711.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $711.11 $204.00 $0.00 $915.11
Yearly $8,533.33 $2,448.00 $0.00 $10,981.33
Total $256,000.00 $73,440.00 $0.00 $329,440.00

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.