NOT LISTED FOR SALE

117 Robbins St Unit 1 Rutland, VT 05701

Estimated Value: $193,000 - $299,000

5 Beds
3 Baths
2,452 Sq Ft
$97/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $170,910 $70 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,558/month

50 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • Covered patio or porch
  • Parking Storage or Cabinetry

About This Home

As of December 2022

Investors Take Notice! This 3 unit apartment building has a great rental history with long term tenants so if you are looking for an investment property this may be the one for you! Or maybe you want to live in one unit and have the other two units pay your mortgage! Either way this building is ready to go and has had many improvements since the current owners bought it such as some hardwood floors have been refinished, electrical was updated, boiler replaced, new sewer line, new chimney liner and cap, roof fixed, and a new fuel tank will be installed soon. All major repairs have been done for you. This is a solid building with beautiful vintage details that remain in the downstairs apartment. Rental rates are rising and the lack of apartment availability gives owners of apartment buildings the upper hand. Come check out this money maker today before it's gone!

Last Listed By

Cheryl Lee Tyminski

Remax Summit Listed on: 09/15/2022

Remax Summit

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Parking Storage or Cabinetry

Home Design

  • Brick Foundation
  • Concrete Foundation
  • Block Foundation
  • Wood Frame Construction
  • Slate Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Covered patio or porch

Utilities

  • Radiator
  • Heating System Uses Oil

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Washer and Dryer belong to downstairs tenant.

Property Details

Home Type

Apartment

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: State Street to Pine Street. Robbins is first street on your left. Property on your right. Sign on Property.
  • Flood Zone: Unknown
  • Construction: Existing
  • Items Excluded: Washer and Dryer belong to downstairs tenant.
  • Total Stories: 2
  • Price Per Sq Ft: 69.7
  • Year Built: 1890
  • Remarks Public: Investors Take Notice! This 3 unit apartment building has a great rental history with long term tenants so if you are looking for an investment property this may be the one for you! Or maybe you want to live in one unit and have the other two units pay your mortgage! Either way this building is ready to go and has had many improvements since the current owners bought it such as some hardwood floors have been refinished, electrical was updated, boiler replaced, new sewer line, new chimney liner and cap, roof fixed, and a new fuel tank will be installed soon. All major repairs have been done for you. This is a solid building with beautiful vintage details that remain in the downstairs apartment. Rental rates are rising and the lack of apartment availability gives owners of apartment buildings the upper hand. Come check out this money maker today before it's gone!
  • List Agent: 280484
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Vinyl
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Concrete Floor, Full, Interior Access
  • Sq Ft - Apx Finished AG: 2452
  • Sq Ft - Apx Unfinished BG: 1226

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Block, Brick, Concrete
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate
  • Features Exterior: Porch - Covered

Garage/Parking

  • Garage Capacity: 2
  • Garage: Yes
  • Garage Description: Storage Above
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Radiator
  • Separate Utilities: Varies
  • Total Electric Meters: 3
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 8712
  • Lot Acres: 0.2
  • Lot Description: City Lot, Level
  • Zoning: Residential
  • Deed Book: 680
  • Deed Page: 203-205

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 2
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 4865.4
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Dec 2, 2022
Sold by
117 Robbins Holding Llc
Bought by
Black River Mechanical Services Inc
Seller's Agent
Cheryl Lee Tyminski
Remax Summit
Buyer's Agent
Max Walker
Watson Realty & Associates
List Price
$189,900
Sold Price
$170,910
Premium/Discount to List
-$18,990
-10%
Total Days on Market
50
Views
57
Current Estimated Value
$237,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,316
Avg. Annual Appreciation
11.69%

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Black River Mechanical Services Inc $170,910 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2022 12/02/22 Sold $170,910 -10.0% $70 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $189,900 +145.0% $77 / Sq Ft
10/31/2018 10/31/18 Sold $77,500 -8.8% $32 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $85,000 -- $35 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 -- $140,900 $40,800 $100,100
2022 $4,865 $140,900 $40,800 $100,100
2021 $4,927 $140,900 $40,800 $100,100
2020 $4,883 $140,900 $40,800 $100,100
2019 $4,762 $140,900 $40,800 $100,100
2018 $4,616 $140,900 $40,800 $100,100
2017 $4,356 $140,900 $40,800 $100,100
2016 $4,357 $140,900 $40,800 $100,100
Source: Public Records

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Source: PrimeMLS

MLS Number: 4929774

PrimeMLS

APN: 540-170-15287