140 N Main - Rutland City, Vermont

Listing provided by Watson Realty & Associates, PLC.

Great location on corner of N Main St and North St Ext. Many upgrades, wonderful investment property grossing over $94,000 11.5% Cap rate at asking price. Property consists of ten rental units including the former MR C'S Market (now Cycle shop)--five apartments--three cold storage units--and a detached shop--all are fully rented--the total property has been extensively upgraded including new state-of-the art Buderas heating system, most units are updated and up to code--new roof--unlimited paved parking for many uses-well kept and no deferred maintenance, good rental history, property consist of 2 buildings, Building one: 3 (2 Bedroom) Apartments 1 (4 Bedroom)Apartment 1 (1 Bedroom) Apartment 1 Retail Space - approximately 2600 sq. ft 3 Large Storage units Building two: Garage - rented to a car detailing tenant for over 7 years 6 Storage units, Storage Shed,Outdoor Parking..also listed under multi family MLS no 4779818

$525,000.00
  • MLS Number: 4779371
  • Size: Approx 9000 Sq Feet
  • Lot Size: 0.7 Acres
  • Basement: Yes
  • Year built: 1920
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140 N Main
Rutland City, Vermont

For More Information Contact

John Colvin
BROKER, REALTOR®, MLS, CIBOR
Office: 802-438-9900
Mobile: 802-236-5777
Fax: 802-438-9900