NOT LISTED FOR SALE

20 Hopkins St Rutland, VT 05701

16 Beds
9 Baths
7,392 Sq Ft
0.27 Acres

Last Sold July 31, 2018

Last sale price $292,500 $40 Per Sq Ft

12 Days on Market

About This Home

As of July 2018

9 Units in One apartment building, Convenient location, close to all city amenities, Eight 2 bedrooms and a 1 bedroom unit, Rents varies from $800 to $950 a month including heat , good size lot plenty of parking spaces for all units, Grossing over $90,000 a year , net operating income over $50,000 , Cap Rate over 18% no management fees or vacancy rate are included in these numbers, current owners managing the property. Motivated Sellers !!! Call Mike for more information 802-342-8899 mike_kalil@cbwatson.net

Last Agent to Sell the Property

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 04/28/2018

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 04/28/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 0.27 Acre Lot
  • Lot Sloped Up

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 9 Full Bathrooms
  • 7,392 Sq Ft Home
  • 2-Story Property

Basement

  • Interior Basement Entry
  • Apartment Living Space in Basement

Parking

  • 1,120 Car Parking Spaces
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • 200+ Amp Service

Community Details

Overview

  • 9 Units

Building Details

  • Gross Income $93,120
  • Net Operating Income $54,992

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Route 7 to Hopkins property on the left
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 39.57
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 7392
  • Sq Ft - Apx Total Finished: 7392
  • Year Built: 1988
  • Remarks Public: 9 Units in One apartment building, Convenient location, close to all city amenities, Eight 2 bedrooms and a 1 bedroom unit, Rents varies from $800 to $950 a month including heat , good size lot plenty of parking spaces for all units, Grossing over $90,000 a year , net operating income over $50,000 , Cap Rate over 18% no management fees or vacancy rate are included in these numbers, current owners managing the property. Motivated Sellers !!!
  • List Agent: 21713
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Apartments
  • Sq Ft - Apx Finished AG: 7392

Exterior Features

  • Construction: Timber Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Slab w/ Frost Wall
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Off Street, On-Site, Parking Spaces 11 - 20, Paved

Utilities

  • Electric: 200 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Off Boiler
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Total Electric Meters: 9
  • Total Heat Units: 1
  • Total Ranges: 9
  • Total Refrigerators: 9

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 11761
  • Lot Acres: 0.27
  • Lot Description: Rental Complex
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 396
  • Deed Page: 549
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 93120
  • Net Income: 54992
  • Total Full Baths: 9
  • Total Units: 9
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 8

Tax Info

  • Tax Gross Amount: 7342.04
  • Tax Year: 2017

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
07/31/2018 07/31/18 Sold $292,500 -2.2% $40 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $299,000 -- $40 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Kalil

    Seller's Agent in 2018

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    73 in this area

    111 Total Sales

    Mike Kalil
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4689257

PrimeMLS
Vermont Rutland County Rutland 05701

20 Hopkins St, Rutland, VT

This home is located at 20 Hopkins St, Rutland, VT 05701 since 28 April 2018. This property was built in 1988. 20 Hopkins St is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

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