NOT LISTED FOR SALE

44 E Washington St Rutland, VT 05701

Estimated Value: $235,199 - $279,000

6 Beds
4 Baths
4,194 Sq Ft
$63/Sq Ft Est. Value

Last Sold November 09, 2023

Last sale price $308,500 $74 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,661/month

10 Days on Market

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Walk-Up Access

About This Home

As of November 2023

Welcome to your investment opportunity in the heart of Rutland! This beautifully maintained multi-family property boasts two 1-bedroom units and two 2-bedroom units, providing a versatile and income-generating space. Located within walking distance to the vibrant downtown area, this property offers both convenience and charm. This property has been meticulously cared for, providing a turnkey investment opportunity. Recent updates and regular maintenance ensure a hassle-free ownership experience. Showings begin 10/11/2023.

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 10/06/2023

Last Buyer's Agent

Susan Bishop

Four Seasons Sotheby's Int'l Realty License #081.0101415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.34 Acre Lot
  • Lot Sloped Up

Parking

  • Paved Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 4,194 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Utilities

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

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $26,750
  • Gross Income $47,700
  • Net Operating Income $20,949

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 73.56
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 6359
  • Sq Ft - Apx Total Finished: 4194
  • Year Built: 1900
  • List Agent: 281929
  • Unique Disclaimer: The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 4194
  • Sq Ft - Apx Unfinished BG: 2165

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl
  • Foundation: Brick, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Heat Units: 2
  • Total Refrigerators: 4
  • Utilities: Cable - Available, High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 14810
  • Lot Acres: 0.34
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Book: 676
  • Deed Page: 203-205
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 47700
  • Net Income: 20949
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 8564.24
  • Tax Year: 2023

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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Average Value
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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
11/09/2023 11/09/23 Sold $308,500 +3.2% $74 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $299,000 -- $71 / 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 -- $144,600 $56,200 $88,400
2023 -- $144,600 $56,200 $88,400
2022 $4,871 $144,600 $56,200 $88,400
2021 $4,932 $144,600 $56,200 $88,400
2020 $4,746 $144,600 $56,200 $88,400
2019 $4,676 $144,600 $56,200 $88,400
2018 $4,690 $144,600 $56,200 $88,400
2017 $4,444 $144,600 $56,200 $88,400
2016 $4,450 $144,600 $56,200 $88,400
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2023

    Hughes Group Team

    Casella Real Estate

    (802) 770-4350

    173 in this area

    444 Total Sales

    Hughes Group Team
    Section Image
  • Susan Bishop

    Buyer's Agent in 2023

    Susan Bishop

    Four Seasons Sotheby's Int'l Realty

    (802) 558-2180

    95 in this area

    209 Total Sales

    Susan Bishop
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4973239

PrimeMLS

APN: 540-170-12566

Vermont Rutland County Rutland 05701

44 E Washington St, Rutland, VT

Not Listed for Sale

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