$396,000
SOLD MAY 19, 2025

106 Library Ave Rutland, VT 05701

-- Bed
-- Bath
4,500 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

Highlights

  • Baseboard Heating
  • High Speed Internet
  • 3-minute walk to Baxter Street Park

About This Home

As of May 2025

Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%.this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .

Last Agent to Sell the Property

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 05/19/2025

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 05/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,193

Year Built

  • Built in 1988

Parking

  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 4,500 Sq Ft Home
  • Property has 3 Levels
  • Walk-Out Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • High Speed Internet

Additional Features

  • 8,276 Sq Ft Lot
  • City Lot

Community Details

  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,193

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1988
  • Display On Internet: High Speed Intrnt -Avail
  • Architectural Style: Multi-Family
  • ResoLotFeatures: City Lot
  • Road Frontage Type: Paved, Public
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 4500.0
  • Unit Levels: 3
  • ResoPropertyCondition: Existing
  • Flood_Zone: No
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • SqFt_Apx_Total_Finished: 4500
  • SqFt_Apx_Unfn_Above_Grade: 0
  • SqFt_Apx_Unfn_Below_Grade: 0
  • SqFt_Apx_Total: 4500
  • Basement_Access_Type: Walkout
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Apartment
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Metal
  • Construction Type: Wood Frame, Vinyl Siding
  • Foundation Details: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Cable Available, Phone Available
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Residential
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9193.0

Multi Family

  • Number Of Units Total: 6

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Range of Values:

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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 Change Sq Ft Price
05/19/2025 05/19/25 Sold $396,000 -- $88 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Kalil

    Seller's Agent in 2025

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    75 in this area

    121 Total Sales

    Mike Kalil
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Map

Source: PrimeMLS

MLS Number: 5041822

PrimeMLS

Vermont Rutland County Rutland 05701

106 Library Ave, Rutland, VT

This home is located at 106 Library Ave, Rutland, VT 05701 and is currently priced at $396,000, approximately $88 per square foot. This property was built in 1988. 106 Library Ave is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

PrimeMLS Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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