106 Library Avenue

Closed 5/19/25
Closed 5/19/25
Gallery Image 1
Last Sold Price
$396,000
4,500 sqft$88/sqft
106 Library Ave, Rutland, VT 05701

Description

Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%. this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%. this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .
LISTING CLOSED: 05/19/2025 12:00 AM

  1. Listed by Mike Kalil • Watson Realty & Associates

Sold By Watson Realty & Associates

Property Details for 106 Library Avenue

Status
Closed
MLS #
5041822
Days on Market
1
Taxes
$9,193 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1988
Lot Size
0.19 AC / 8,276 SF
County
Rutland County
Zoning
Residential
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Building Information for 106 Library Avenue

Stories3Residences6Year Built1988Building Size-Lot Size0.19 AC / 8,276 SF

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$2,779 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,013

Property Taxes

$766

HOA Dues

$0

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Property Information for 106 Library Avenue

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.611976232026031
  • Longitude: -72.984034000000008
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-17610
  • Tax Year: 2025
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 8276.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.19
  • Road Frontage Length: 60.0
  • Square Feet Apx Finished Above Grade: 4500.0
  • Square Feet Apx Finished AG Source: Estimated
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 4500.0
  • Square Feet Apx Total Finished: 4500.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1988
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available, Telephone Available
  • Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Metal
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Apartments
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: None
  • Total Stories: 3
Multi Family
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 1
  • Total 2 BR Units: 5
  • Total 3+ BR Units: 0

Property History for 106 Library Avenue

DateEvent & SourcePriceAppreciation
May 19, 2025

Sold (Public Record)

Public Record #1557917242

$396,000

+23.2% / yr

May 19, 2025

Sold

New England Real Estate Network #5041822

$396,000—
May 19, 2025

Pending

New England Real Estate Network #5041822

—
DateEvent & SourcePrice
05/19/2025

Sold (Public Record)

Public Record #1557917242

$396,000

+23.2% / yr

05/19/2025

Sold

New England Real Estate Network #5041822

$396,000
05/19/2025

Pending

New England Real Estate Network #5041822

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 106 Library Avenue

Taxable ValueLand$73,400Additions$163,900Total$237,300
Home Facts
Lot Size8,276 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 17610

Schools near 106 Library Avenue

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Rutland Intermediate School
Public - 3 to 6
Rutland Middle School
Public - 7 to 8
Rutland Senior High School
Public - 9 to 12
Stafford Technical Center
Public - 9 to 12
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Stafford Technical Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
61 Pine Street, Rutland, VT 05701
$105,000
6
2,300
6,098
63 Pine Street, Rutland, VT 05701
$20,000
–
–
–
6,098
108 Library Avenue, Rutland, VT 05701
$180,000
6
2,340
8,276
105 Library Avenue, Rutland, VT 05701
$93,300
3
990
6,098
57 Pine Street, Rutland, VT 05701
–
–
–
–
3,920

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Watson Realty & Associates

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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 07/31/2026 01:39 PM