Seller's Agent in 2013
Mike Kalil
Watson Realty & Associates
(802) 342-8899
76 in this area
120 Total Sales
988 U S 4 Rutland, VT 05701
--
Bed
--
Bath
20,000
Sq Ft
4.3
Acres
Highlights
- Ski Accessible
- Mountain View
- Wood Flooring
- 4.3 Acre Lot
- Deck
- Covered Patio or Porch
About This Home
As of April 2013Turn-key income-generating property. This property is very, very well cared for, located between Killington and Rutland, completely updated and up to code. Consists of 16 units(1,2,3 bedroom furnished apartments), 8 town houses and 51 self storage units with plenty of parking spaces and some garages. Parking lot is paved. NOI is $184,151,Cap Rate 11% at this price. Also this property sets on 4.3 Acres acre. 1.3 acre lot has been subdivided with great frontage on Route 4; appraised value for the lot is $150K. This property has so much to offer. Please call for details.
Last Agent to Sell the Property
Watson Realty & Associates License #081.0095645 Listed on: 12/06/2012
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,105
Year Built
- Built in 1950
Lot Details
- 4.3 Acre Lot
- Landscaped
- Lot Sloped Up
Parking
- 3 Car Attached Garage
- Circular Driveway
Home Design
- Duplex
- Converted Dwelling
- Concrete Foundation
- Wood Frame Construction
- Architectural Shingle Roof
- Wood Siding
- Clap Board Siding
Interior Spaces
- 2.5-Story Property
- Mountain Views
- Finished Basement
- Apartment Living Space in Basement
Flooring
- Wood
- Carpet
- Tile
- Slate Flooring
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Outdoor Storage
Utilities
- Baseboard Heating
- Heating System Uses Oil
- Drilled Well
- Electric Water Heater
Listing and Financial Details
- Rent includes cable internet, electric, ground maintenance, heat, hot water, landscaping, parking, plowing, sewer, snow removal, trash, water
- Tax Lot 15-2059
Community Details
Recreation
- Ski Accessible
Additional Features
- 24 Units
- Gross Income $314,280
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2013 04/12/13 | Sold | $1,550,000 | -8.6% | $78 / Sq Ft |
| 12/21/2012 12/21/12 | Pending | -- | -- | -- |
| 12/06/2012 12/06/12 | For Sale | $1,695,000 | -- | $85 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
Map
Source: PrimeMLS
MLS Number: 4205333
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