100-102 Gibson AVE new

Rutland City,VT 05701

$ 595000

9 Beds

1 Bath

4774 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,774 sqft

Price per Sqft $124

MLS Listing ID 5036399

Bedrooms 9

Full Baths 1

Construction Status Existing

Year Built 1884

Annual Tax Amount $9,809

Tax Year 2025

Lot Size 0.900 Acres

Acres 0.9

Property Description

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).

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning residential

Rooms

Basement Entrance Walkout

Basement Concrete Floor,Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Slate

Building

Story 2

Foundation Fieldstone

Sewer Public

Architectural Style Apartment Building

Construction Status Existing

Schools

School District Rutland City School District

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