NOT LISTED FOR SALE

57 Grove St Rutland, VT 05701

-- Bed
7 Baths
6,260 Sq Ft
0.52 Acres

Last Sold October 14, 2020

Last sale price $260,000 $42 Per Sq Ft

32 Days on Market

Highlights

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

About This Home

As of October 2020

Two colonial style apartment houses that have been gut renovated and are compliant with current codes. Fully rented with onsite parking and easy walking access to all of downtown, the Bus, Amtrak and restaurants and shopping.

Last Agent to Sell the Property

James Watson

Watson Realty & Associates License #081.0000346 Listed on: 06/20/2020

Last Buyer's Agent

Hughes Group Team

Casella Real Estate License #082.0134727

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.52 Acre Lot
  • Lot Sloped Up

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 7 Full Bathrooms
  • 2-Story Property

Unfinished Basement

  • Walk-Up Access
  • Exterior Basement Entry

Parking

  • Shared Driveway
  • Paved Parking
  • On-Site Parking

Schools

  • Northwest Primary Elementary School
  • Rutland Middle School
  • Rutland Senior High School

Utilities

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

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $59,235
  • Net Operating Income $21,186

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Colonial
  • Directions: The two multi family buildings northerly of the Stewarts Convenience Store at the corner of Grove and State Streets
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 41.53
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 9060
  • Sq Ft - Apx Total Finished: 6260
  • Property Type: Multi-Family
  • Year Built: 1890
  • Remarks Public: Two colonial style apartment houses that have been gut renovated and are compliant with current codes. Fully rented with onsite parking and easy walking access to all of downtown, the Bus, Amtrak and restaurants and shopping.
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Rooms Above Ground: 20
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished, Exterior Access
  • Sq Ft - Apx Finished AG: 6260
  • Sq Ft - Apx Unfinished BG: 2800

Exterior Features

  • Construction: Wood Frame
  • Driveway: Common/Shared, Paved
  • Exterior: Vinyl Siding
  • Foundation: Marble, Stone
  • Road Frontage: Yes
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: On-Site

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Separate Utilities: Varies
  • Total Electric Meters: 7
  • Total Heat Units: 2
  • Total Ranges: 7
  • Total Refrigerators: 7
  • Total Water Heaters: 7
  • Utilities: Cable - At Site, High Speed Intrnt -Atsite, Phone

Fee Information

  • Tax Class: Non-Homestead

Schools

  • Elementary School: Northwest Primary School
  • Middle School: Rutland Middle School
  • High School: Rutland Senior High School
  • Elementary School: Northwest Primary School
  • High School: Rutland Senior High School

Lot Info

  • Lot Sq Ft: 22651
  • Lot Acres: 0.52
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: MR
  • Deed Book: 611
  • Deed Page: 954
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 59235
  • Net Income: 21186
  • Total Full Baths: 7
  • Total Units: 7
  • Total1 Bedroom Units: 4
  • Total2 Bedroom Units: 3

Tax Info

  • Tax Gross Amount: 7556.54
  • Tax Year: 2019

MLS Schools

  • School Middle Jr: Rutland Middle School

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
10/14/2020 10/14/20 Sold $260,000 -5.5% $42 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $275,000 -- $44 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4812368

PrimeMLS