75 Harrison AVE new

Rutland City,VT 05701

$ 249000

6 Beds

4 Baths

2860 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,860 sqft

Price per Sqft $87

MLS Listing ID 5053172

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1920

Annual Tax Amount $5,265

Tax Year 2024

Lot Size 0.260 Acres

Acres 0.26

Property Description

A Four Unit Investment Property. This reasonably well-maintained four-unit property offers two 2 bedroom and two 1 bedroom units, making it appealing to both renters and owner-occupants. This is a “turnkey” rental property, ready to generate income immediately. Located within Rutland City, near downtown shops, schools, parks, and public transportation, this property benefits from strong rental demand. Being only 20 minutes from Killington/Pico Ski Resort, makes this property attractive for both long-term tenants and seasonal workers. Recent renovations include: new roof (2024 ) vinyl windows, fresh paint, flooring, wiring, lighting, and washer and dryer hookups. This property's attractive updates should improve tenant retention. As an owner-occupied property, live in one unit and let the other units pay your mortgage, which is great for owners looking to offset living expenses while gaining equity. With a dry basement, deck space, and room for a pool or garden, you can enhance the property to potentially boost rent or appeal. Add value through additional improvements or upgraded amenities. Benefit from: immediate income from updated units, a low-maintenance setup with modern finishes, a strong location appeal for renters and owner-occupiers and value-add potential through further improvements. With the current housing needs in Rutland, and historically stable rental market, this is a smart, practical investment. Schedule a showing appointment today!

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning RESD 1

Rooms

Basement Entrance Interior

Basement Bulkhead,Interior Stairs

Interior

Cooling None

Flooring Hardwood,Laminate

Exterior

Utilities Available Cable Available

Roof Type Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Northwest Primary School

Middle Schools Rutland Intermediate School

High Schools Rutland Senior High School

School District Rutland City School District

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