189 N Main St Rutland, VT 05701
13
Beds
8
Baths
5,000
Sq Ft
0.36
Acres
About This Home
As of June 2024Investment Opportunity, 8 units in 2 buildings on good size lot in a nice location, well maintained convenient to downtown for shopping , ski areas and lakes region , good rental history 100% occupancy, ample parking for tenants, five 2 bedrooms and three 1 bedrooms over $111k in gross income yearly, Cap Rate at the asking price is over 13%.
Last Agent to Sell the Property
Watson Realty & Associates License #081.0095645 Listed on: 07/10/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,084
Year Built
- Built in 1900
Lot Details
- 0.36 Acre Lot
- Lot Sloped Up
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 8 Full Bathrooms
- 2-Story Property
- Unfinished Basement
- Interior Basement Entry
Parking
- 6 Car Parking Spaces
- Gravel Driveway
- On-Site Parking
- Off-Street Parking
Location
- City Lot
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- High Speed Internet
- Cable TV Available
Community Details
Overview
- 8 Units
Building Details
- Operating Expense $35,162
- Gross Income $11,624
- Net Operating Income $76,462
Similar Home in Rutland, VT
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2024 06/21/24 | Sold | $585,000 | +4.5% | $117 / Sq Ft |
| 03/18/2024 03/18/24 | Pending | -- | -- | -- |
| 12/19/2023 12/19/23 | For Sale | $560,000 | 0.0% | $112 / Sq Ft |
| 12/14/2023 12/14/23 | Pending | -- | -- | -- |
| 11/08/2023 11/08/23 | For Sale | $560,000 | 0.0% | $112 / Sq Ft |
| 10/22/2023 10/22/23 | Pending | -- | -- | -- |
| 07/10/2023 07/10/23 | For Sale | $560,000 | +64.7% | $112 / Sq Ft |
| 07/15/2021 07/15/21 | Sold | $340,000 | -4.2% | $68 / Sq Ft |
| 04/17/2021 04/17/21 | Pending | -- | -- | -- |
| 04/15/2021 04/15/21 | For Sale | $355,000 | +7.6% | $71 / Sq Ft |
| 03/02/2012 03/02/12 | Sold | $330,000 | -23.2% | $66 / Sq Ft |
| 12/21/2011 12/21/11 | Pending | -- | -- | -- |
| 05/08/2010 05/08/10 | For Sale | $429,900 | -- | $86 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Mike Kalil
Seller's Agent in 2024
Mike Kalil
Watson Realty & Associates
(802) 342-8899
75 in this area
121 Total Sales
Map
Source: PrimeMLS
MLS Number: 4960591
APN: (170) 15456
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