Rutland City, VT 05701,55 Prospect ST
Rutland City, VT 05701,55 Prospect ST
Rutland City, VT 05701,55 Prospect ST
Rutland City, VT 05701,55 Prospect ST
Rutland City, VT 05701,55 Prospect ST
Rutland City, VT 05701,55 Prospect ST
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Listed by Mike Kalil • Watson Realty & Associates
Bought with Mike Kalil • Watson Realty & Associates

$350,000

$350,000

Est.Price: ?

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Est. payment /mo

9 Beds

4 Baths

3,591 SqFt


SOLD DATE : 11/15/2024

Key Details

Sold Price $350,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,591 sqft

Price per Sqft $97

MLS Listing ID 5001759

Sold Date 11/15/24

Bedrooms 9

Full Baths 4

Construction Status Existing

Year Built 1864

Annual Tax Amount $4,718

Tax Year 2024

Lot Size 9,147 Sqft

Acres 0.21

Property Description

Great opportunity for owner occupant and collect rents as an income, when all rented your gross yearly income is over $72K and net over $45K a year , Cap Rate at the full price is over 13% . Great location walking distance to shopping and restaurants, this property is great for traveling nurses, or ski resort workers, another potential is use some units as Air B & B property has been maintained well no deferred maintenance, many recent update. including unit renovations, even though the owner is paying oil expense for the heat, it does have Separate utilities if you choose to go that route and have tenants pay for their own heat, great rental history for that location .

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Residential

Rooms

Basement Entrance Walk-up

Basement Full, Stairs - Exterior, Unfinished

Interior

Heating Gas - LP/Bottle, Oil

Cooling Wall AC Units

Exterior

Garage Description Off Street, Parking Spaces 5, Unassigned, Unpaved

Utilities Available Cable

Roof Type Shingle - Asphalt

Building

Story 2

Foundation Brick, Stone

Sewer Public

Construction Status Existing

Schools

Elementary Schools Northwest Primary School

Middle Schools Rutland Middle School

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