$209,000
SOLD JUN 14, 2022

66-68 South St Proctor, VT 05765

8 Beds
4 Baths
3,000 Sq Ft
0.39 Acres

Recently Sold

$70 Per Sq Ft

1 Day on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Wood Siding
  • Hot Water Heating System

About This Home

As of December 2024

4 Family Dutch Colonial, conveniently located in Proctor, only minutes to Rutland, well maintained building, one unit is fairly large for owner to occupy, manage and enjoy the extra income, this property has great rental history, currently produces $ 45,180 a year with room to go up, at the listed price the CAP RATE is just above 13%. this property has separate heating systems new owner can choose to have tenants pay the heat . For more information Call Mike Kalil at 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: 03/16/2022

Last Buyer's Agent

Mike Kalil

Watson Realty & Associates License #081.0095645 Listed on: 03/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,069

Year Built

  • Built in 1900

Lot Details

  • 0.39 Acre Lot
  • Corner Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2.5-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Water Heater
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $17,060
  • Gross Income $45,180
  • Net Operating Income $28,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,069

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 69.67
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4100
  • Sq Ft - Apx Total Finished: 3000
  • Year Built: 1900
  • Remarks Public: 4 Family Dutch Colonial, conveniently located in Proctor, only minutes to Rutland, well maintained building, one unit is fairly large for owner to occupy, manage and enjoy the extra income, this property has great rental history, currently produces $ 45,180 a year with room to go up, at the listed price the CAP RATE is just above 13%. this property has separate heating systems new owner can choose to have tenants pay the heat .
  • List Agent: 21713
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full, Unfinished
  • Sq Ft - Apx Finished AG: 3000
  • Sq Ft - Apx Unfinished BG: 1100

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Wood Siding
  • Foundation: Fieldstone, Marble
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural

Utilities

  • Electric: 100 Amp, Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Domestic
  • Heating Fuel: Oil
  • Heating: Hot Water, Radiator
  • Total Heat Units: 4
  • Total Ranges: 4
  • Total Refrigerators: 4
  • Total Water Heaters: 4
  • Utilities: Dsl, Internet - Cable, Phone

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 16988
  • Lot Acres: 0.39
  • Lot Description: Corner
  • Surveyed: Unknown
  • Zoning: Residential
  • Deed Book: 42
  • Deed Page: 86
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 45180
  • Net Income: 28119
  • Total Full Baths: 4
  • Total Units: 4
  • Total1 Bedroom Units: 2
  • Total2 Bedroom Units: 1
  • Total3 Plus Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5069
  • 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
12/06/2024 12/06/24 Sold $327,000 -17.2% $77 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $395,000 +89.0% $94 / Sq Ft
06/14/2022 06/14/22 Sold $209,000 0.0% $70 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $209,000 -- $70 / 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

    12 Total Sales

    Michael Gilman
    Section Image
  • Mike Kalil

    Seller's Agent in 2022

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    3 in this area

    120 Total Sales

    Mike Kalil
    Section Image
See All Agents

Map

Source: PrimeMLS

MLS Number: 4901043

PrimeMLS

APN: (157) 480068

Vermont Rutland County Proctor 05765

66-68 South St, Proctor, VT

This home is located at 66-68 South St, Proctor, VT 05765 and is currently priced at $209,000, approximately $69 per square foot. This property was built in 1900. 66-68 South St is a home located in Rutland County with nearby schools including Proctor Elementary School and Proctor Junior/Senior High School.

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