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112-116-118 State St, Rutland City, VT 05701

13 Bed, 5 Bath Multi-Family Home For Sale

112-116-118 State St, Rutland City, VT 05701 House For Sale - MLS #4664091
$225,000
13
5
Multi-Family
5+ Family
8
This listing is courtesy of Mike Kalil from Coldwell Banker Watson Realty/Rutland

Property Description for 112-116-118 State St, Rutland City, VT 05701

8 Units in 3 buildings on a nice lot with plenty of parking, 112 State is a 3 units, 116 is 3 units and 118 is 2 units , they 2 driveways between them and common parking, great rental history, owners have owned them for over 25 yeas, over the years they have been making improvements as needed , some of the new updates are , Roof , Siding , Windows and furnaces, Great return for your money , the net income is around $36,000 a year so at the $225K Cap Rate is 16%

Interior Details

8,000 sq. ft.
$28.13/sq. ft.
Public
Public

Exterior Details

0.38 acres
16,553 sq. ft.
3
Wood Frame
Fieldstone

Other Details

4664091
1900
$3,025

Units Description

Unit #1
Bedrooms: 4      Full / Half Baths: 1      Rent: $700     

Unit #2
Bedrooms: 3      Full / Half Baths: 1      Rent: $650     

Unit #3
Bedrooms: 2      Full / Half Baths: 1      Rent: $700     

Unit #4
Bedrooms: 4      Full / Half Baths: 2      Rent: $975     

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