NOT LISTED FOR SALE

44 Prospect St Rutland, VT 05701

Estimated Value: $208,000 - $347,284

6 Beds
4 Baths
3,206 Sq Ft
$90/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $290,000 $90 Per Sq Ft

Current estimated payment $1,836/month

12 Days on Market

Highlights

  • Baseboard Heating
  • Wood Siding
  • 2-minute walk to Justin Thomas Playground
  • High Speed Internet

About This Home

As of January 2024

Welcome to 44 Prospect St. This well maintained 4-unit multi-family home, conveniently located near the heart of Rutland, VT, offers a promising investment opportunity. With separate utilities, including four furnaces and individual electric meters, management is made simple. Its proximity to various shops and restaurants adds to its allure. The property features a mix of two 2-bedroom and two 1-bedroom apartments, accommodating a diverse range of tenant preferences. Don't miss this excellent opportunity to invest in an income-producing asset in a prime location. Call and Schedule a showing today!

Last Agent to Sell the Property

Seth Gewanter

Casella Real Estate License #082.0134953 Listed on: 11/08/2023

Last Buyer's Agent

Hughes Group Team

Casella Real Estate License #082.0134727

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,266

Year Built

  • Built in 1884

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Sloped Up

Home Design

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

Interior Spaces

  • 2-Story Property
  • Interior Basement Entry

Parking

  • Gravel Driveway
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Water Heater
  • High Speed Internet

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,300
  • Gross Income $37,500
  • Net Operating Income $27,200

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,266

Year Built

Built in 1884

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Apartment Building
  • Directions: Heading West on Washington St. turn right onto Prospect St. The property will be on your left look for the sign.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 90.46
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 5090
  • Sq Ft - Apx Total Finished: 3206
  • Year Built: 1884
  • Remarks Public: Welcome to 44 Prospect St. This well maintained 4-unit multi-family home, conveniently located near the heart of Rutland, VT, offers a promising investment opportunity. With separate utilities, including four furnaces and individual electric meters, management is made simple. Its proximity to various shops and restaurants adds to its allure. The property features a mix of two 2-bedroom and two 1-bedroom apartments, accommodating a diverse range of tenant preferences. Don't miss this excellent opportunity to invest in an income-producing asset in a prime location. Call and Schedule a showing today!
  • List Agent: 289266
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Sq Ft - Apx Finished AG: 3206
  • Sq Ft - Apx Unfinished AG: 281
  • Sq Ft - Apx Unfinished BG: 1603

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood Siding
  • Foundation: Block, Brick, Marble
  • Road Frontage: TBD
  • Roads: Paved
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Off Street

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Utilities: Internet - Cable

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 8276
  • Lot Acres: 0.19
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Book: 510
  • Deed Page: 69
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 37500
  • Net Income: 27200
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 6265.68
  • Tax Year: 2023

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
01/29/2024 01/29/24 Sold $290,000 +3.6% $90 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $280,000 -- $87 / 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 -- $175,800 $35,700 $140,100
2023 -- $175,800 $35,700 $140,100
2022 $6,071 $175,800 $35,700 $140,100
2021 $6,147 $175,800 $35,700 $140,100
2020 $6,092 $175,800 $35,700 $140,100
2019 $5,941 $175,800 $35,700 $140,100
2018 $5,950 $175,800 $35,700 $140,100
2017 $5,540 $175,800 $35,700 $140,100
2016 $5,522 $175,800 $35,700 $140,100
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Seth Gewanter

    Casella Real Estate

    Section Image

  • H

    Buyer's Agent in 2024

    Hughes Group Team

    Casella Real Estate

    (802) 772-7487

    180 in this area

    458 Total Sales

    Hughes Group Team
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4977141

PrimeMLS

APN: 540-170-10010

Vermont Rutland County Rutland 05701

44 Prospect St, Rutland, VT

This home is located at 44 Prospect St, Rutland, VT 05701 since 08 November 2023 and is currently estimated at $290,071, approximately $90 per square foot. This property was built in 1884. 44 Prospect St is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

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.

PrimeMLS 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.

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