25 North Street Rutland City, Vermont 05701 MLS# 4980194

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For Sale Status

$335,000 List Price

Multi Type

6 Beds

3 Baths

3,120 Sqft

Listed By Mike Kalil of Watson Realty & Associates
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NMLS# 49592

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Great opportunity to own an investment property in a desirable neighborhood, good rental history, great condition recent furnace top of the line, vinyl siding, recent roof, vinyl replacement windows all unites are updated, clean certificate of occupancies will be provided, pretty much no deferred maintenance, Current NOI is $22K but great potential for at least another $9600 in net income, current rents are well bellow the market rents, this property is tucked away on a dead end street .

Property Location

25 North Street Rutland City

Property Details

MLS#  4980194 Bedrooms  6 Garage Size   Car
List Price  335,000 Total Bathrooms  3 Year Built  1900
Type  Multi-Family Lot Size  0.2600 Acres Taxes $5,171
Units  4 Stories  2 Road Frontage  24
Annual Income  $38,340 Style  Multi-Family Water Frontage  
Annual Expenses  $0 Finished  3,120 Sqft Construction  No, Existing
Zoning   Residential Above Grade  3,120 Sqft Seasonal  No
Total Rooms  6 Below Grade  0 Sqft List Date  Dec 14th, 2023
Gross Income  $38,340 Operating Expenses  $0 Net Income  $21,694
Expenses Includes 
Unit 1   1 Beds, 1 Baths, $725/Monthly Unit 2   1 Beds, Baths, $795/Monthly
Unit 3   2 Beds, 1 Baths, $800/Monthly Unit 4   2 Beds, 1 Baths, $875/Monthly
ConstructionWood Frame
BasementWalkout, Interior Stairs, Full
Interior Features
Exterior Features
Exterior  Vinyl Disability Features  
Foundation  Stone, Concrete House Color  
Floors   Building Certifications  
Roof  Shingle-Fiberglass HERS Index  
Directions
Lot Description, Level, City Lot
Garage & Parking  No, ,
Road Frontage  24 Water Access  
Driveway  Gravel Water Type  
Flood Zone  No Water Body  
Zoning  Residential
School District  NA Middle  Rutland Middle School
Elementary  Northwest Primary School High  Rutland Senior High School
Heat Fuel  , Oil Excluded  
Heating/Cool  None, Baseboard Negotiable  
Sewer  Public Parcel Access ROW  
Water  Public ROW for Other Parcel  
Water Heater  Electric Financing  
Cable Co   Documents  
Electric  200 Amp Tax ID  540-170-11833
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† The remarks published on this webpage originate from Listed By Mike Kalil of Watson Realty & Associates via the NNEREN IDX Program and do not represent the views and opinions of Coldwell Banker Hickok & Boardman. Coldwell Banker Hickok & Boardman Realty cannot be held responsible for possible violations of copyright resulting from the posting of any data from the NNEREN IDX Program.