West Rutland, VT 05777,425-435 Pleasant ST
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West Rutland, VT 05777,425-435 Pleasant ST
West Rutland, VT 05777,425-435 Pleasant ST
West Rutland, VT 05777,425-435 Pleasant ST
West Rutland, VT 05777,425-435 Pleasant ST
Listed by Hughes Group Team • Casella Real Estate
Bought with Patrick J Sady • Four Corner Properties LLC

$540,000

Est. payment /mo

$550,000

1.8%
Est.Price: ?

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425-435 Pleasant ST West Rutland, VT 05777

11 Beds

6 Baths

4,911 SqFt

SOLD DATE : 08/13/2024

Key Details

Sold Price $540,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,911 sqft

Price per Sqft $109

MLS Listing ID 4990171

Sold Date 08/13/24

Bedrooms 11

Full Baths 6

Construction Status Existing

Year Built 1900

Annual Tax Amount $6,477

Tax Year 2023

Lot Size 0.470 Acres

Acres 0.47

Property Description

A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two spacious three-bedroom units. With a total of six units, there's significant income potential for investors. Additionally, the presence of five storage units in the basement offers the possibility of additional rental income or amenities for tenants and being that it is a walk out basement there is also enough space to add a seventh unit if permitting allows. Both buildings are equipped with electric heating systems, ensuring that tenants cover all utility expenses. This setup simplifies management and enhances profitability for the owner. The two three-bedroom units in the second building are both vacant and have recently undergone renovations, offering a turnkey opportunity for immediate owner occupancy or tenant placement after closing. Don't miss out on this exceptional investment opportunity.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning unknown

Rooms

Basement Entrance Walk-up

Basement Full, Unfinished

Interior

Heating Electric

Cooling None

Flooring Carpet, Laminate, Vinyl

Exterior

Utilities Available Other

Roof Type Shingle

Building

Story 2

Foundation Concrete, Marble, Stone

Sewer Public

Architectural Style Apartment Building, Multi-Family

Construction Status Existing

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PrimeMLS
agent

Geralyn Donohue

Broker Associate | License ID: 081.0004386

+1(802) 377-7096

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