Seller's Agent in 2021
Hughes Group Team
Casella Real Estate
(802) 770-4350
414 Total Sales
87 Plain St Rutland, VT 05701
Rutland AreaEstimated Value: $173,000 - $247,000
5
Beds
3
Baths
3,104
Sq Ft
$71/Sq Ft
Est. Value
Highlights
- Corner Lot
- Shed
- Baseboard Heating
- 2 Car Detached Garage
- Garden
- High Speed Internet
About This Home
As of October 2021Here is a well maintained 3 unit property on the corner of Plain and Granger St in Rutland City. The first floor has two 1 bedroom units with great tenants who have been there for years. The entire second floor makes up the third unit, which has 3 nice size bedrooms, a large living room, and a dining area. Apartments of this size are hard to come by. Additional features are the 2 car garage with an attached carport and shed providing great storage, laundry hookups, and a private porch for each unit. Monthly rental income has not been increased in years, so there is room for this property to produce more income. The property has a CAP rate of just below 10%. This is a great investment opportunity or the large upstairs apartment would be perfect as an owner occupied unit. Showings to begin on 05/19/2021.
Last Agent to Sell the Property
Casella Real Estate License #082.0134727 Listed on: 05/13/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 13,504 Sq Ft Lot
- Corner Lot
- Lot Sloped Up
- Garden
Parking
- 2 Car Detached Garage
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Slate Roof
Interior Spaces
- 3 Full Bathrooms
- 3,104 Sq Ft Home
- 2-Story Property
Flooring
- Carpet
- Vinyl
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Shed
Utilities
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Oil
- Electric Water Heater
- High Speed Internet
- Phone Available
- Cable TV Available
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $6,209
- Gross Income $27,420
- Net Operating Income $15,946
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2021
Closed on
Oct 15, 2021
Sold by
Bought by
Seller's Agent
Hughes Group Team
Casella Real Estate
Buyer's Agent
Hughes Group Team
Casella Real Estate
List Price
$169,900
Sold Price
$174,800
Premium/Discount to List
$4,900
2.88%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,893
Avg. Annual Appreciation
5.15%
Purchase Details
Closed on
Jan 5, 2004
Sold by
Bought by
Purchase Details
Closed on
May 31, 2002
Sold by
Bought by
Purchase Details
Closed on
Oct 15, 1997
Sold by
Bought by
Purchase Details
Closed on
Jun 15, 1992
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $174,800 | -- | ||
| $149,700 | -- | ||
| $117,900 | -- | ||
| $34,000 | -- | ||
| $80,500 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2021 10/18/21 | Sold | $174,800 | +2.9% | $56 / Sq Ft |
| 06/17/2021 06/17/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $169,900 | -- | $55 / Sq Ft |
Source: PrimeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $151,900 | $28,900 | $123,000 |
| 2024 | -- | $151,900 | $28,900 | $123,000 |
| 2023 | -- | $151,900 | $28,900 | $123,000 |
| 2022 | $5,169 | $151,900 | $28,900 | $123,000 |
| 2021 | $5,311 | $151,900 | $28,900 | $123,000 |
| 2020 | $5,264 | $151,900 | $28,900 | $123,000 |
| 2019 | $5,134 | $151,900 | $28,900 | $123,000 |
| 2018 | $5,141 | $151,900 | $28,900 | $123,000 |
| 2017 | $4,779 | $151,900 | $28,900 | $123,000 |
| 2016 | $0 | $151,900 | $28,900 | $123,000 |
| 2015 | -- | $1,519 | $0 | $0 |
| 2014 | -- | $1,519 | $0 | $0 |
| 2013 | -- | $1,519 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Hughes Group Team
Map
Source: PrimeMLS
MLS Number: 4860887
APN: 540-170-17376
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.
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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