Listing courtesy of Max Walker, Watson Realty & Associates Phone: 802-773-3500
100-102 Gibson Avenue, Rutland City, VT, 05701
9 beds
1884
Apartment Building
4,774 sqft
Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on Saturday (4/19).
Status:
Active
Type:
Multi-family
Units:
5
Zoning:
residential
Heating:
Oil, Baseboard
Cooling:
None
Basement:
Concrete Floor, Unfinished
Acreage:
0.9
Est. Taxes:
$9,810
Lot Description:
City Lot
School District:
Rutland City School District
MLS #:
5036399