Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 2
Living Area: 2,340 SqFt
Listing Office:
Office Name: Watson Realty & Associates
Office Phone: (802) 773-3500
Listing Agent: Mike Kalil
Interior Features
Interior Information:
Basement: Yes
Lot Features
Lot Information:
Lot Size: 0.19 Acres
Utilities
Utilities Information:
Heating: Electric, Forced Air
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $189,000
Price Per SqFt: $81/SqFt
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Housing Market Comparison
See how this home compares to others in Rutland, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/10/2024, 7:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Rutland Intermediate School
6365 Library Ave
Distance between this listing and this school0.25 miles
Public District Grades 3-6
2
/10
Proctor Elementary School
14 School St
Distance between this listing and this school4.36 miles
Public District Grades PK-6
9
/10
Killington Elementary School
686 Schoolhouse Rd
Distance between this listing and this school9.79 miles
Public District Grades PK-6
Nearby Schools
2
/10
Rutland Middle School
67 Library Ave
Distance between this listing and this school0.19 miles
Public District Grades 7-8
4
/10
Rutland Town Elementary School
1612 Post Rd
Distance between this listing and this school2.11 miles
Public District Grades PK-8
5
/10
Castleton-Hubbarton Unified School District #42
263 Elementary School Rd
Distance between this listing and this school11.37 miles
Public District Grades PK-8
Nearby Schools
6
/10
Rutland Senior High School
22 Stratton Rd
Distance between this listing and this school1.55 miles
Public District Grades 9-12
3
/10
West Rutland School
713 Main St
Distance between this listing and this school3.54 miles
Public District Grades PK-12
2
/10
Proctor Junior/Senior High School
4 Park St
Distance between this listing and this school3.70 miles
The neighbors living near this home have an average income of $41,103. Typical income of Rutland, VT residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 108 Library Ave
What is the listing price of this property?
The listing price of 108 Library Ave property is $189,000.
What type of property is this?
The property 108 Library Ave is land located in Rutland City, Vermont, 05701.
Is this property for sale now?
Active Listing: 108 Library Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 108 Library Ave in Rutland City, VT and zip code 05701. This 2,340 square foot home, which was built in 1900, sits on a 0.19 acre lot. It has been listed on Rocket Homes since October 13, 2023 and is currently priced at $189,000.
Over 2 listings were sold over their listed price in May 2024 in Rutland, VT. In the same period over 4 listings were sold below the listed price and 4 listings were sold for the listed price. The number of listings in Rutland, VT increased by 21.2% between April 2024 and May 2024.
From Rocket Homes Real Estate and based on county public records data.