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Nick Regan

nick@reganrealtygroup.com +1(603) 759-8169

Listed by Mark E Triller • Real Broker LLC

$ 300,000

Est. payment -/mo

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Active

52 South Main ST Rutland City, VT 05701

4 Beds

4 Baths

2,326 SqFt

UPDATED:

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

Nick Regan

Agent

+1(603) 759-8169

Nick Regan

52 South Main ST Rutland City, VT 05701

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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52 South Main ST