NOT LISTED FOR SALE

105 S Main St Rutland, VT 05701

8 Beds
8 Baths
5,661 Sq Ft
0.4 Acres

Last Sold April 30, 2024

Last sale price $290,000 $51 Per Sq Ft

95 Days on Market

About This Home

As of April 2024

New Roof Scheduled for Decmber 2023, Property is being sold AS IS. This property offers two separate buildings, with 105 South Main St featuring eight spacious 1-bedroom, 1-bathroom units, and 109 South Main St providing one generous 2-bedroom, 1-bathroom unit and one cozy 1-bedroom, 1-bathroom unit. Currently, three units are unoccupied. This offering presents an excellent chance to expand your investment portfolio with two substantial multi-family buildings on the same property. Moreover, these properties have a strong rental history with the opportunity to raise rents and get empty units up and running. Rutland, VT, offers a growing real estate market, making it an ideal location for savvy investors. With most units already rented, you can tap into the significant future profit potential. Take advantage of this incredible opportunity. Please note that a 48-hour notice is required for all showings. Contact me today to schedule a viewing and take the first step toward enhancing your investment portfolio.

Last Agent to Sell the Property

Seth Gewanter

Casella Real Estate License #082.0134953 Listed on: 09/06/2023

Last Buyer's Agent

Patrick Sady

Four Corner Properties LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 0.4 Acre Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Membrane Roofing
  • Metal Roof
  • Vinyl Siding
  • Clapboard

Interior Spaces

  • 2-Story Property

Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement

Location

  • City Lot

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • High Speed Internet
  • Cable TV Available

Community Details

  • 10 Units

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Directions: Heading North on South Main Street in Rutland Property will be on your left. Look for the sign.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 51.23
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 9629
  • Sq Ft - Apx Total Finished: 5661
  • Year Built: 1900
  • List Agent: 289266
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Apartment Building
  • ResoLotFeatures: City Lot
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Water Heater – Electric, Water Heater – Off Boiler, Water Heater – Owned
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments, Concrete, Concrete Floor
  • Sq Ft - Apx Finished AG: 5661
  • Sq Ft - Apx Unfinished AG: 3180
  • Sq Ft - Apx Unfinished BG: 788

Exterior Features

  • Driveway: Gravel
  • Foundation: Block, Brick, Concrete
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Membrane, Metal, Shingle - Asphalt
  • Construction Type: Wood Frame, Clapboard Exterior, Vinyl Siding

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Trash: Dumpster
  • Utilities: Cable - Available
  • Water Source: Public

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 17424
  • Lot Acres: 0.4
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Book: 718
  • Deed Page: 431-433
  • Deed Recorded Type: Warranty

Tax Info

  • Taxes TBD: Yes
  • Tax Gross Amount: 9799.88
  • Tax Year: 2023

Multi Family

  • Total Units: 10
  • Total1 Bedroom Units: 9
  • Total2 Bedroom Units: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $290,000 -12.1% $51 / Sq Ft
12/10/2023 12/10/23 Pending -- -- --
10/25/2023 10/25/23 Price Changed $330,000 -2.9% $58 / Sq Ft
09/06/2023 09/06/23 For Sale $340,000 +7.9% $60 / Sq Ft
02/10/2022 02/10/22 Sold $315,000 -6.0% $56 / Sq Ft View Prior Sale
12/03/2021 12/03/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $335,000 +34.0% $59 / Sq Ft
01/05/2017 01/05/17 Sold $250,000 -3.8% $44 / Sq Ft View Prior Sale
10/05/2016 10/05/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $259,900 -- $46 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Seth Gewanter

    Casella Real Estate

    Section Image

  • P

    Buyer's Agent in 2024

    Patrick Sady

    Four Corner Properties LLC

    (802) 282-3107

    12 in this area

    22 Total Sales

    Patrick Sady
    Section Image

  • H

    Seller's Agent in 2022

    Hughes Group Team

    Casella Real Estate

    (802) 770-4350

    174 in this area

    445 Total Sales

    Hughes Group Team
    Section Image
  • Andy Paluch

    Buyer's Agent in 2022

    Andy Paluch

    Longview Commercial Real Estate

    (440) 525-6076

    17 in this area

    37 Total Sales

    Andy Paluch
    Section Image
  • Mike Kalil

    Seller's Agent in 2017

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    70 in this area

    102 Total Sales

    Mike Kalil
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4968948

PrimeMLS

APN: (170) 14134

Vermont Rutland County Rutland 05701

105 S Main St, Rutland, VT

Not Listed for Sale

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