Multi-Family for Sale: 166 State Street, Rutland City, VT 05701

7 beds
5 full baths
3,018 sqft
$299,500
$299,500
166 State Street, Rutland City, VT 05701
7 beds
5 full baths
3,018 sqft
$299,500
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Price:
$299,500
$25,500 - 11/07/2024

Type Multi-Family
Style Multi-Family
Beds 7
Total Baths 5 full baths
Square Feet 3,018 sqft
Lot Size 0.21 acres
Year Built 1910
Taxes Paid $4,979

City Rutland City
County Rutland

MLS 5006121
Status Active
DOM 110 days
Great investment opportunity, 5 rental units,3 one bedroom and 2 two bedrooms on a lot with plenty of parking , gross yearly income is $54,000 with potential for more, expenses $ 22418, net yearly income is just over $31K rents are somewhat bellow market value, low expenses this building has been maintained well.

Lot & Building Features

Utilities Cable, Phone
Construction Wood Frame
Cooling None
Heat Source Oil
Heating Baseboard, Radiator
Sewer Public
Tax Year 2024
Taxes Paid $4,979
Water Public
Basement Description Apartments, Walkout
Foundation Marble, Stone
Lot Description City Lot
Roof Slate
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 2
Unit 1 Lease Term Month to Month
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 800.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Lease Term Month to Month
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 800.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Lease Term Month to Month
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1200.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Lease Term Month to Month
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 900.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Leased
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Lease Term Month to Month
Unit 5 Rental Agreement Yes
Unit 5 Rental Amount 800.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Leased

Price History of 166 State Street

Date Name Price Difference
11/07/2024 Price Adjustment $299,500 7.85%
08/23/2024 Price Adjustment $325,000 7.14%
07/22/2024 Listing Price $350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$290,000
$97 / sqft
Average
$305,500
$100 / sqft
High
$322,500
$103 / sqft

Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing Rutland City 05701 7 5.0 $299,500 3,018 $99 N/A
25 North Street Rutland City 05701 6 4.0 $322,500 3,120 $103 07/22/2024
18 Church Street Rutland City 05701 6 4.0 $290,000 2,984 $97 08/26/2024
190 Crescent Street Rutland City 05701 8 4.0 $304,000 3,054 $100 10/21/2024

Map of 166 State Street, Rutland City, VT

Location Map Street View
Photo of Kevin Erikson
Direct: 603-321-9569
Office
14 York Street
York, ME 03909
207-363-4000
Listed by Watson Realty & Associates, Mike Kalil
$
20%
1.6624507512521%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

166 State Street (MLS #5006121) is a multi-family listing located in Rutland City, VT. This multi-family listing is 3,018 sqft and on a lot of 9,148 sqft (or 0.21 acres) with 7 bedrooms, 5 baths and is 114 years old. This property was listed on 07/22/2024 and has been priced for sale at $299,500.

The 8 bedroom multi-family listing at 190 Crescent Street in Rutland City is nearby and sold for $304,000 on 10/21/2024. Another nearby 6 bedroom multi-family listing, 18 Church Street in Rutland City sold for $290,000 on 08/26/2024.

Nearby zip codes are 05737, 05759, 05763, 05765 and 05777. This property neighbors other cities such as Clarendon, Mendon, Proctor, Rutland Town and West Rutland.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Watson Realty & Associates

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers. personal, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 11/09/2024