Justin Ranney
Coldwell Banker Homes Unlimited
(802) 526-6944
89 Total Sales
1 in Rutland
$300,000 Price
41 Washington St Rutland, VT 05701
Rutland AreaEstimated Value: $274,000 - $345,000
5
Beds
4
Baths
2,274
Sq Ft
$138/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
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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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rutland, VT
-
Justin Ranney
-
Margretta Fischer
Margretta Fischer
Wohler Realty Group
(802) 944-4455
240 Total Sales
2 in Rutland
$78K - $460K Price Range
-
Alison Cummings
Alison Cummings
Responds QuicklyCummings & Co
(802) 797-7769
82 Total Sales
1 in Rutland
$305,000 Price
-
Sue Walsh
Sue Walsh
BHHS Vermont Realty Group/Middlebury
(802) 392-2832
68 Total Sales
11 in Rutland
$105K - $585K Price Range
-
Lisa Kelley
Lisa Kelley
Cummings & Co
(802) 499-2954
143 Total Sales
16 in Rutland
$100K - $679K Price Range
-
Nancy Liberatore
Nancy Liberatore
Lakes & Homes Real Estate
(802) 797-4054
113 Total Sales
5 in Rutland
$70K - $325K Price Range
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,615 | $135,700 | $35,700 | $100,000 |
| 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 | $0 | $135,700 | $35,700 | $100,000 |
| 2018 | $5,028 | $135,700 | $35,700 | $100,000 |
| 2017 | $4,276 | $135,700 | $35,700 | $100,000 |
| 2016 | $0 | $135,700 | $35,700 | $100,000 |
| 2015 | -- | $1,357 | $0 | $0 |
| 2014 | -- | $1,357 | $0 | $0 |
| 2013 | -- | $1,357 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hughes Group Team
Seller's Agent in 2023
Hughes Group Team
Casella Real Estate
(802) 999-9540
400 Total Sales
-
AL
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 2026 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.
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