$290,000
 $1,557 est/mo Sourced by Back At You

230 Marble Street , West Rutland, VT 05777

West Rutland, VT 05777

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Description

Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!

Details

MLS#4989348
Listing TypeFor Sale
Sub-TypeResale
Year1900
Days On Site226
Listing Provided ByCasella Real Estate | Hughes Group Team

Features

BasementY
Units4
ZoningMixed Use
Acreage0.25

Market Activity 05777



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Listings Checked: 8 minutes ago
StateVT
CountyVT Rutland
CityWest Rutland
Zip Code05777
School DistrictWest Rutland School
Elementary SchoolWest Rutland School
Middle SchoolWest Rutland School
High SchoolWest Rutland School
Listing VS Median (in 05777)
Price:
$290,000
low | high
Med:
$309,950
43.120689655172% of Average
On Site:
226
low | high
Med:
27.500000
100% of Average
Sourced by Back At You
Listing Updated: July 8, 2024 at 12:14:09 PM PDT