$ 195,000
-
$195,000
Price -
6
Bed -
4
Bath -
2,860
SqFt
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About the Listing 6470 - 287881
A Four Unit Investment Property. This reasonably well-maintained four-unit property offers two 2 bedroom and two 1 bedroom units, making it appealing to both renters and owner-occupants. This is a fully occupied rental property, ready to generate income immediately. Located within Rutland City, near downtown shops, schools, parks, and public transportation, this property benefits from strong rental demand. Being only 20 minutes from Killington/Pico Ski Resort, makes this property attractive for both long-term tenants and seasonal workers. Recent renovations include: new roof (2024 ) vinyl windows, fresh paint, flooring, wiring, lighting, and washer and dryer hookups. This property’s attractive updates should improve tenant retention. As an owner-occupied property, live in one unit and let the other units pay your mortgage, which is great for owners looking to offset living expenses while gaining equity. With a dry basement, deck space, and room for a pool or garden, you can enhance the property to potentially boost rent or appeal. Add value through additional improvements or upgraded amenities. Benefit from: immediate income from updated units, a low-maintenance setup with modern finishes, a strong location appeal for renters and owner-occupiers and value-add potential through further improvements. With the current housing needs in Rutland, and historically stable rental market, this is a smart, practical investment. Schedule a showing appointment today!
Listing Highlights
Status
Pending
Days on Site
206
Property Type
Multi-Family
MLS ®
5053172
Year Built
1920
Total Square Footage
2,860
Lot/Acreage
0.26
County
Rutland
School District
Rutland City School District
Elementary School
Northwest Primary School
Middle School
Rutland Intermediate School
High School
Rutland Senior High School
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Baseboard
- Fireplaces:
- Floor: Hardwood,Laminate
- Above Ground Sq Ft: 2860
- Below Ground Sq Ft: n/a
- Basement: Yes,Bulkhead,Interior Stairs
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: RESD 1
- Roof: Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $5,265
- Taxes w/Assessments: $135,900
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
75 Harrison Ave Rutland City, VT 05701
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