NOT LISTED FOR SALE

73 S Main St Rutland, VT 05701

7 Beds
6 Baths
3,138 Sq Ft
10,019 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $151,000 $48 Per Sq Ft

105 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • Walk-Up Access
  • Baseboard Heating
  • Wood Siding
  • 3-minute walk to Justin Thomas Playground

About This Home

As of January 2022

This 6 unit property consists of one efficiency unit, four 1 bedroom units, and one 2 bedroom. Plenty of off street parking and conveniently located within walking distance to downtown. With a net income of approximately $23000 the cap rate is just above 13% with rents that are below market. 9 Chaplin Ave is also for sale and could be sold as a bundle for $310,000 if desired. See MLS# 4876675

Last Agent to Sell the Property

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 08/09/2021

Last Buyer's Agent

Hughes Group Team

Casella Real Estate License #082.0134727 Listed on: 08/09/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1859

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Pillar, Post or Pier Foundation
  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 6 Full Bathrooms
  • 2-Story Property
  • Unfinished Basement
  • Walk-Up Access

Flooring

  • Carpet
  • Laminate

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet
  • Phone Available

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $15,200
  • Gross Income $44,100
  • Net Operating Income $23,082

Property Details

Home Type

Multi-Family

Year Built

Built in 1859

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 48.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4772
  • Sq Ft - Apx Total Finished: 3138
  • Year Built: 1859
  • Remarks Public: This 6 unit property consists of one efficiency unit, four 1 bedroom units, and one 2 bedroom. Plenty of off street parking and conveniently located within walking distance to downtown. With a net income of approximately $23000 the cap rate is just above 13% with rents that are below market. 9 Chaplin Ave is also for sale and could be sold as a bundle for $310,000 if desired. See MLS# 4876675
  • List Agent: 281929
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Laminate
  • Basement: Yes
  • Basement Access Type: Walk-up
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3138
  • Sq Ft - Apx Unfinished BG: 1634

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Vinyl Siding, Wood
  • Foundation: Brick, Post/Piers, Stone
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt
  • Features Exterior: Deck

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard, Hot Water
  • Total Ranges: 6
  • Total Refrigerators: 6
  • Utilities: High Speed Intrnt -Avail, Telephone Available

Fee Information

  • Tax Class: Non-Homestead

Lot Info

  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: unknown
  • Deed Recorded Type: Deed to be Obtained

Multi Family

  • Gross Income: 44100
  • Net Income: 23081.76
  • Total Full Baths: 6
  • Total Units: 6
  • Total1 Bedroom Units: 5
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5818.24
  • Tax Year: 2021

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
01/14/2022 01/14/22 Sold $151,000 -13.7% $48 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
08/09/2021 08/09/21 For Sale $175,000 -- $56 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hughes Group Team

    Casella Real Estate

    (802) 772-7487

    181 in this area

    461 Total Sales

    Hughes Group Team
    Section Image
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Map

Source: PrimeMLS

MLS Number: 4876674

PrimeMLS

APN: (170) 15549

Vermont Rutland County Rutland 05701

73 S Main St, Rutland, VT

This home is located at 73 S Main St, Rutland, VT 05701 since 09 August 2021. This property was built in 1859. 73 S Main St is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

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