NOT LISTED FOR SALE

66 South St Proctor, VT 05765

8 Beds
4 Baths
2,900 Sq Ft
0.39 Acres

Last Sold December 11, 2019

Last sale price $155,000 $53 Per Sq Ft

60 Days on Market

Highlights

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

About This Home

As of December 2019

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 $ 39,900 a year with room to go up, at the listed price the CAP RATE is just above 11%. the owner is an out of state owner, has owned this property for many years and ready to move on :) FOR MORE INFORMATION CALL OR EMAIL Mike Kalil 802-342-8899 "mike.kalilrealestate@gmail.com"

Last Listed By

Mike Kalil

Watson Realty & Associates Listed on: 09/01/2019

Property Details

Home Type

  • Multi-Family

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
  • Cable TV Available

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $22,027
  • Gross Income $39,900
  • Net Operating Income $17,873

Property Details

Home Type

Multi-Family

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: 53.45
  • 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 $ 39,900 a year with room to go up, at the listed price the CAP RATE is just above 11%. the owner is an out of state owner, has owned this property for many years and ready to move on :)
  • List Agent: 21713
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete, Full, Unfinished
  • Sq Ft - Apx Finished AG: 2900
  • Sq Ft - Apx Unfinished BG: 1000

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 Ranges: 4
  • Total Refrigerators: 4
  • Utilities: Cable - Available, Dsl - Available, Internet - Cable

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: 39900
  • Net Income: 17873
  • 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: 5148.5
  • Tax Year: 2020

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
12/11/2019 12/11/19 Sold $155,000 -3.1% $53 / Sq Ft
10/31/2019 10/31/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $159,900 -- $55 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mike Kalil

    Seller's Agent in 2019

    Mike Kalil

    Watson Realty & Associates

    (802) 342-8899

    117 Total Sales

    Mike Kalil
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4774064

PrimeMLS

Vermont Rutland County Proctor 05765

66 South St, Proctor, VT

Homes for Sale in Proctor, VT

This home is located at 66 South St, Proctor, VT 05765 since 01 September 2019. This property was built in 1900. 66 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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