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Listed by Mark E Triller • Real Broker LLC
$300,000
Est. payment /mo
4 Beds
4 Baths
2,326 SqFt
New
52 South Main ST Rutland City, VT 05701
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,326 sqft
Price per Sqft $128
MLS Listing ID 5107800
Bedrooms 4
Full Baths 4
Construction Status Existing
Year Built 1900
Annual Tax Amount $4,784
Tax Year 2027
Lot Size 8,276 Sqft
Acres 0.19
Property Description
A solid investment or owner-occupant opportunity awaits at 52 South Main Street in Rutland City. This well-maintained four-unit property features four one-bedroom apartments offering clean, comfortable and practical living spaces. The building has benefited from several important improvements that help take some of the uncertainty out of owning an older multifamily property. The asphalt roof and vinyl siding are approximately 12 years old, the boiler is approximately 5 years old, and vinyl replacement windows are found throughout. The apartments themselves are clean and reasonably updated—simple, functional spaces that have been well maintained without trying to be something they're not. Current rents are believed to be below today's market, providing a new owner with potential for increased income over time. Ample off-street parking adds convenience, and the central Rutland location makes it easy to reach downtown, shopping, medical services, employment and major travel routes. For an investor, this is a manageable four-unit with many of the larger building improvements already completed and potential upside in the rents. For an owner-occupant, it offers the opportunity to live simply while three additional apartments help support the cost of ownership. Clean, practical and conveniently located, 52 South Main Street offers a straightforward multifamily investment with room for future income growth.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning Resd 1
Rooms
Basement Entrance Interior
Basement Dirt Floor, Unfinished
Interior
Cooling None
Flooring Carpet, Vinyl
Exterior
Utilities Available Other
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Rutland Northeast Primary Sch
Middle Schools Rutland Middle School
High Schools Rutland Senior High School
School District Rutland City School District
Nearby Locations
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