H
Seller's Agent in 2023
Hughes Group Team
Casella Real Estate
(802) 770-4350
173 in this area
444 Total Sales
41 Washington St Rutland, VT 05701
Estimated Value: $283,372
5
Beds
4
Baths
2,274
Sq Ft
$125/Sq Ft
Est. Value
Highlights
- High Speed Internet
- Walk-Up Access
- 3-minute walk to The Lunch Wall
About This Home
As of October 2023Here is a great investment opportunity conveniently located within very close walking distance to Downtown Rutland, which offers just about anything you may need, this will be a very attractive location to tenants. The building consists of 3 one-bedroom units and 1 two-bedroom unit. The property currently has a cap rate of just over 8%, but rents that are well below market so this number could easily be increased overtime. Don't miss your chance to start or build your investment portfolio!
Last Agent to Sell the Property
Casella Real Estate License #082.0134727 Listed on: 08/11/2023
Last Buyer's Agent
Alexandra Lemesciuc
KW Vermont-Killington License #081.0134292
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,545
Year Built
- Built in 1900
Lot Details
- 9,148 Sq Ft Lot
- Lot Sloped Up
Home Design
- Stone Foundation
- Wood Frame Construction
- Slate Roof
- Metal Roof
- Vinyl Siding
Interior Spaces
- 4 Full Bathrooms
- 2,274 Sq Ft Home
- 1.5-Story Property
Unfinished Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Parking
- Gravel Driveway
- Off-Street Parking
Utilities
- Heating System Uses Gas
- Heating System Mounted To A Wall or Window
- Electric Water Heater
- High Speed Internet
- Phone Available
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $11,216
- Gross Income $40,620
- Net Operating Income $23,859
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 11, 2023
Closed on
Oct 2, 2023
Sold by
Doenges Daniel and Doenges Leslie A
Bought by
Washington Street Llc
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Alexandra Lemesciuc
KW Vermont-Killington
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Views
29
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,628
Avg. Annual Appreciation
-0.26%
Purchase Details
Listed on
Jul 22, 2020
Closed on
Sep 30, 2020
Sold by
Carrara Jared T and Carrara Lisette C
Bought by
Doenges Daniel F and Doneges Leslie A
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Hughes Group Team
Casella Real Estate
List Price
$159,500
Sold Price
$153,000
Premium/Discount to List
-$6,500
-4.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.96%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Washington Street Llc | $285,000 | -- | |
| Washington Street Llc | $285,000 | -- | |
| Doenges Daniel F | $153,000 | -- | |
| Doenges Daniel F | $153,000 | -- | |
| Doenges Daniel F | $153,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/02/2023 10/02/23 | Sold | $285,000 | -4.7% | $125 / Sq Ft | |
| 08/23/2023 08/23/23 | Pending | -- | -- | -- | |
| 08/11/2023 08/11/23 | For Sale | $299,000 | +95.4% | $131 / Sq Ft | |
| 09/30/2020 09/30/20 | Sold | $153,000 | -4.1% | $67 / Sq Ft | View Prior Sale |
| 08/10/2020 08/10/20 | Pending | -- | -- | -- | |
| 07/22/2020 07/22/20 | For Sale | $159,500 | -- | $70 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
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 | -- | $135,700 | $35,700 | $100,000 |
| 2023 | -- | $135,700 | $35,700 | $100,000 |
| 2022 | $4,686 | $135,700 | $35,700 | $100,000 |
| 2021 | $4,745 | $135,700 | $35,700 | $100,000 |
| 2020 | $4,702 | $135,700 | $35,700 | $100,000 |
| 2019 | $4,586 | $135,700 | $35,700 | $100,000 |
| 2018 | $4,593 | $135,700 | $35,700 | $100,000 |
| 2017 | $4,276 | $135,700 | $35,700 | $100,000 |
| 2016 | $4,263 | $135,700 | $35,700 | $100,000 |
Source: Public Records
Agents Affiliated with this Home
-
Hughes Group Team
-
A
Buyer's Agent in 2023
Alexandra Lemesciuc
KW Vermont-Killington
Map
Source: PrimeMLS
MLS Number: 4965222
APN: 540-170-17438
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.
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.
Nearby Homes
- 67 Wales St
- 35 Washington St
- 60 Center St
- 49 Wales St
- 36 36 1/2and 38 Washington St
- 56 Center St
- 23 Court St Unit BACK
- 48 Center St Unit 48
- 65 Center St Unit D
- 41 Prospect St
- 41 Prospect St
- 59 Center St
- 67 Center St
- 107 Wales St
- 79 Center St
- 43 Prospect St
- 5 Strongs Ave
- 34 Wales St
- 73 Center St
- 33 Wales St