Multi-Family for Sale: 2 Jackson Avenue, Rutland City, VT 05701

8 beds
5 full baths
4,460 sqft
$369,000
$369,000
2 Jackson Avenue, Rutland City, VT 05701
8 beds
5 full baths
4,460 sqft
$369,000
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Price:
$369,000
$30,000 - 10/11/2024
Est. payment: Skip to Mortgage Calculator

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Type Multi-Family
Style Apartment Building, Multi-Family
Beds 8
Total Baths 5 full baths
Square Feet 4,460 sqft
Lot Size 0.24 acres
Year Built 1880
Taxes Paid $6,415
City Rutland City
County Rutland
School District Rutland City School District
MLS 5016830
Status Active
DOM 42 days
A GREAT TWO PROPERTY INVESTMENT OPPORTUNITY! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $39,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated apartments, with newer appliances, flooring, doors, painting, and so much more. Both properties have newer roofs (2018) and newer boilers (2019) along with a newer oil tank (2019) at 2 Jackson Avenue. There's newer windows in both buildings replaced between 2018-2020. Gutters were added, and a deck replaced at 2 Jackson Ave. Only 3 blocks from White's Pool and Recreation Park. Only 4 minutes to RRMC or to Downtown shopping, dining and entertainment. Clean, well maintained, many upgrades, with little else to do but enjoy the income stream. Showings begin this Saturday 10/5/24 This opportunity won't last long!

Lot & Building Features

Appliances Water Heater – Electric, Water Heater – Separate
Utilities Cable
Construction Vinyl Siding, Wood Frame
Cooling None
Heat Source Oil
Heating Baseboard
Sewer Public
Tax Year 25
Taxes Paid $6,415
Water Public
Basement Description Concrete Floor, Stairs - Interior, Stairs - Exterior
Foundation Stone
Lot Description City Lot, Street Lights, Sidewalks, Curbing, Corner
Roof Shingle
Features Exterior Porch - Covered, Porch - Enclosed
Garage No

Community and Schools

Elementary School Rutland Northeast Primary Sch
Junior High School Rutland Intermediate School
Senior High School Rutland Senior High School

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Info Appliances Included, Smoke Detector, Heat Included, CO Detector
Unit 1 Lease Term Annual
Unit 1 Level Number 1
Unit 1 Rental Agreement Yes
Unit 1 Rental Amount 975.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 1 Tenant Pays Electric, Internet Service
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Info Appliances Included, Smoke Detector, Porch, Heat Included, CO Detector
Unit 2 Lease Term Annual
Unit 2 Level Number 1
Unit 2 Rental Agreement Yes
Unit 2 Rental Amount 1000.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 2 Tenant Pays Electric, Internet Service
Unit 3 Baths 1
Unit 3 Bedrooms 2
Unit 3 Info Appliances Included, Smoke Detector, Porch, Heat Included, CO Detector
Unit 3 Lease Term Annual
Unit 3 Level Number 2
Unit 3 Rental Agreement Yes
Unit 3 Rental Amount 1050.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 3 Tenant Pays Electric, Internet Service
Unit 4 Baths 2
Unit 4 Bedrooms 4
Unit 4 Info Appliances Included, Water Heater, Smoke Detector, Separate, Refrigerator, Range - Electric, CO Detector
Unit 4 Lease Term Annual
Unit 4 Level Number Single Fam
Unit 4 Rental Agreement Yes
Unit 4 Rental Amount 1355.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Leased
Unit 4 Tenant Pays Electric, Water, TV Service, Sewer, Internet Service, Hot Water, Heat

Price History of 2 Jackson Avenue

Date Name Price Difference
10/11/2024 Price Adjustment $369,000 7.52%
10/01/2024 Listing Price $399,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 2 Jackson Avenue, Rutland City, VT

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Photo of Paula Filias
Paula Filias
Realtor
Direct: 978-479-0157
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Real Broker LLC, Mark Triller
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1.7384823848238%
6.75%
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2 Jackson Avenue (MLS #5016830) is a multi-family listing located in Rutland City, VT. This multi-family listing is 4,460 sqft and on a lot of 10,454 sqft (or 0.24 acres) with 8 bedrooms, 5 baths and is 144 years old. This property was listed on 10/01/2024 and has been priced for sale at $369,000.

Nearby zip codes are 05701 3240, 05738, 05759, 05765 and 05777. This property neighbors other cities such as Clarendon, Mendon, Proctor, Rutland Town and Shrewsbury.

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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.

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Listing information courtesy of: Real Broker LLC

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 11/12/2024