425-435 Pleasant Street West Rutland, VT $ 550,000
425-435 Pleasant Street
$ 550,000
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425-435 Pleasant Street

West Rutland, VT, 05777
$ 550,000
Bedrooms11 Baths6.0 Sq 7,556

Monthly Estimate*

$ 3,842

Listed by Hughes Group Team, Casella Real Estate, 802-772-7487, alexandra.morgan802@gmail.com
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Multi-Family Home for sale in West Rutland, VT

for $550,000 with 11 bedrooms and 6 full baths. This 7,556 square foot home was built in 1900 on a lot size of 0.47.

A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two spacious three-bedroom units. With a total of six units, there's significant income potential for investors. Additionally, the presence of five storage units in the basement offers the possibility of additional rental income or amenities for tenants and being that it is a walk out basement there is also enough space to add a seventh unit if permitting allows. Both buildings are equipped with electric heating systems, ensuring that tenants cover all utility expenses. This setup simplifies management and enhances profitability for the owner. The two three-bedroom units in the second building are both vacant and have recently undergone renovations, offering a turnkey opportunity for immediate owner occupancy or tenant placement after closing. Don't miss out on this exceptional investment opportunity.

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Multi-Family Active

Price

$ 550,000

Bedrooms

11

Full Bath

6

Property Type

Multi-Family

Taxes

$ 6,477

Style

Apartment Building,Multi-Family

Lot Size

0.47

Year Built

1900

Town/City

West Rutland

County/Region

Rutland

MLS | Web ID

4990171

Features
Interior
Basement Description Full Unfinished
Basement Yes
Flooring Carpet Laminate Vinyl
Heating Fuel Electric
Total Number of Units 6
Total Full Baths 6
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General
Road Frontage TBD
Sewer Public
Heating Electric
Cooling None
Utilities Other
Roof Shingle
Garage No
Flood Zone No
Zoning unknown
Status Active
Year Built 1900
Electric Circuit Breaker(s)
Style Apartment Building Multi-Family
Stories 2
Construction Status Existing
Net Income 47267.61
Tax Year 2023
Area VT-Rutland
Seasonal No
Price Per Sq Ft 111.99
Tax Gross Amount 6477.84
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Exterior
Foundation Concrete Marble Stone
Driveway Paved
Roads Paved Public
Lot Size Area 0.47
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* Excluded Features
List By
Hughes Group Team

Listing Agent

Casella Real Estate

Broker

(802) 772-7487

Phone

alexandra.morgan802@gmail.com

Email

Affordability Calculator

$4,382
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$540
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$550,000 Listed Price

Map


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425-435 Pleasant Street, West Rutland, VT, 05777 is a Multi-Family Home for sale at $550,000 with 7,556 sqft and a lot size of 0.47. 425-435 Pleasant Street has 11 bedrooms, 6.0 baths, and was built in 1900. The property's zip code is 05777 which is in West Rutland, VT