For Sale Status
$189,000 List Price
Multi Type
6 Beds
0 Baths
2,340 Sqft
Listed By Mike Kalil of Watson Realty & Associates
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Call: 802-863-1500
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Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 % †
Property Location
108 Library Avenue Rutland City
Property Details
MLS# 4974059 | Bedrooms 6 | Garage Size Car |
---|---|---|
List Price 189,000 | Total Bathrooms 0 | Year Built 1900 |
Type Multi-Family | Lot Size 0.1900 Acres | Taxes $3,325 |
Units 3 | Stories 2 | Road Frontage 67 |
Annual Income $39,600 | Style Multi-Family | Water Frontage |
Annual Expenses $0 | Finished 2,340 Sqft | Construction No, Existing |
Zoning Residential | Above Grade 1,915 Sqft | Seasonal No |
Total Rooms 6 | Below Grade 425 Sqft | List Date Oct 13th, 2023 |