$199,900
SOLD JUN 14, 2022

50-52 Gorham Bridge Rd Proctor, VT 05765

6 Beds
4 Baths
3,300 Sq Ft
0.68 Acres

Recently Sold

$61 Per Sq Ft

17% Below List Price

23 Days on Market

About This Home

As of December 2024

Country Setting, excellent rental history. Large apartments with beautiful woodwork. Lovely views and a large shared yard, which adjoins Town land/playing fields. Great investment property with great potential for much higher gross income, coin operated washer in basement, Nice location a few minutes to Rutland and ski areas. yearly Gross income is $30,000 with potential for more and NOI is more than $19000 . For More information call Mike Kalil 802-342-8899 or email mike.kalilrealestate@gmail.com

Last Agent to Sell the Property

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 02/26/2022

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 02/26/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,900

Year Built

  • Built in 1920

Lot Details

  • 0.68 Acre Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Slate Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Countryside Views

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,939
  • Gross Income $30,000
  • Net Operating Income $19,061

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,900

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Route 3/Main Street in Proctor, right onto North Street and leftonto Gorham Bridge Road.
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 60.58
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4700
  • Sq Ft - Apx Total Finished: 3300
  • Year Built: 1920
  • Remarks Public: Country Setting, excellent rental history. Large apartments with beautiful woodwork. Lovely views and a large shared yard, which adjoins Town land/playing fields. Great investment property with great potential for much higher gross income, coin operated washer in basement, Nice location a few minutes to Rutland and ski areas. yearly Gross income is $30,000 with potential for more and NOI is more than $19000 .
  • List Agent: 21713
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 3300
  • Sq Ft - Apx Unfinished BG: 1400

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl
  • Foundation: Concrete, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Slate

Utilities

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

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 29621
  • Lot Acres: 0.68
  • Lot Description: Country Setting
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 115
  • Deed Page: 45
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 30000
  • Net Income: 19061
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 3900
  • Tax Year: 2022

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
12/31/2024 12/31/24 Sold $305,000 -6.2% $93 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $325,000 +62.6% $99 / Sq Ft
06/14/2022 06/14/22 Sold $199,900 0.0% $61 / Sq Ft
06/01/2022 06/01/22 Off Market $199,900 -- --
03/21/2022 03/21/22 Pending -- -- --
03/20/2022 03/20/22 Pending -- -- --
03/18/2022 03/18/22 Price Changed $199,900 -8.7% $61 / Sq Ft
03/05/2022 03/05/22 Price Changed $219,000 -8.7% $66 / Sq Ft
02/26/2022 02/26/22 For Sale $239,900 -- $73 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael Gilman

    3GEN Real Estate Inc

    (917) 710-0899

    2 in this area

    15 Total Sales

    Michael Gilman
    Section Image

  • A

    Buyer's Agent in 2024

    A non PrimeMLS member

    VT_ME_NH_NEREN

  • Mike Kalil

    Seller's Agent in 2022

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    3 in this area

    116 Total Sales

    Mike Kalil
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4899162

PrimeMLS

APN: (157) 230050

Vermont Rutland County Proctor 05765

50-52 Gorham Bridge Rd, Proctor, VT

This home is located at 50-52 Gorham Bridge Rd, Proctor, VT 05765 and is currently priced at $199,900, approximately $60 per square foot. This property was built in 1920. 50-52 Gorham Bridge Rd is a home located in Rutland County with nearby schools including Proctor Elementary School and Proctor Junior/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.

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