NOT LISTED FOR SALE

18 E Washington St Rutland, VT 05701

Estimated Value: $267,494 - $311,000

6 Beds
5 Baths
3,578 Sq Ft
$80/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $170,000 $48 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,782/month

68 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Main Street Park
  • 1 Car Detached Garage
  • High Speed Internet

About This Home

As of November 2020

5 Units in a great location with a Barn for your storage, long rental history, kept up pretty good, vinyl emplacement windows, new oil tank and many other updates a short walk to all shops and restaurants, EMPs are up to date, at the asking price CAP rate is over 11%. over 30 years of the same ownership. For More Information call Mike Kalil 802-342-8899 or email mike.kalilrealestate@gmail.com

Last Agent to Sell the Property

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 07/15/2020

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 07/15/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,950

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Sloped Up

Parking

  • 1 Car Detached Garage
  • Stone Driveway

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Clap Board Siding

Interior Spaces

  • 5 Full Bathrooms
  • 3,578 Sq Ft Home
  • 2.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Flooring

  • Wood
  • Laminate

Utilities

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

Community Details

Overview

  • 5 Units

Building Details

  • Gross Income $42,360
  • Net Operating Income $22,190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,950

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 47.51
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5236
  • Sq Ft - Apx Total Finished: 3578
  • Property Type: Multi-Family
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Laminate
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Bulkhead, Unfinished
  • Sq Ft - Apx Finished AG: 3578
  • Sq Ft - Apx Unfinished BG: 1658

Exterior Features

  • Construction: Wood Frame
  • Driveway: Crushed Stone
  • Exterior: Clapboard
  • Foundation: Brick, Stone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Slate

Garage/Parking

  • Garage Capacity: 1
  • Garage: Yes
  • Garage Type: Detached

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Total Electric Meters: 5
  • Total Heat Units: 1
  • Total Ranges: 5
  • Total Refrigerators: 5
  • Utilities: Cable - Available, Dsl - Available, Internet - Cable, Phone

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 113
  • Deed Page: 323
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 42360
  • Net Income: 22190
  • Total Full Baths: 5
  • Total Units: 5
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 3950
  • Tax Year: 2020

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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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
11/10/2020 11/10/20 Sold $170,000 -15.0% $48 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $199,900 0.0% $56 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $199,900 -- $56 / 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
2024 -- $158,200 $66,900 $91,300
2023 -- $158,200 $66,900 $91,300
2022 $5,349 $158,200 $66,900 $91,300
2021 $5,415 $158,200 $66,900 $91,300
2020 $5,234 $158,200 $66,900 $91,300
2019 $5,149 $158,200 $66,900 $91,300
2018 $5,163 $158,200 $66,900 $91,300
2017 $4,879 $158,200 $66,900 $91,300
2016 $4,869 $158,200 $66,900 $91,300
Source: Public Records

Agents Affiliated with this Home

  • Mike Kalil

    Seller's Agent in 2020

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    70 in this area

    102 Total Sales

    Mike Kalil
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Map

Source: PrimeMLS

MLS Number: 4816666

PrimeMLS

APN: 540-170-15356

Vermont Rutland County Rutland 05701

18 E Washington St, Rutland, VT

Not Listed for Sale

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