Listing courtesy of Mark Triller, Real Broker LLC Phone: 802-613-0729
40 Cottage Street, Rutland City, VT, 05701
6 beds
4 Full baths
1909
Multi-Family
4,480 sqft
Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th.
Status:
Pending
Type:
Multi-family
Units:
3
Zoning:
RESD1
Heating:
Hot Water
Cooling:
None
Basement:
Bulkhead, Unfinished
Acreage:
0.15
Est. Taxes:
$5,253
Assessment
$135,600
Lot Description:
City Lot,Corner,Near Shopping,Near Public Transportatn,Near Railroad
Elementary School:
Northwest Primary School
Middle School:
Rutland Intermediate School
High School:
Rutland Senior High School
School District:
Rutland City School District
MLS #:
5035840