3892 Highway 7

$749,000
Price
4
Beds
6,740 Sq. Ft.
$111 / Sq. Ft.
6,740
Sq. Ft.
$111
per Sq. Ft.

Description

Welcome to a prime investment opportunity in the heart of an up-and-coming area. This property boasts a cap rate over 9%, generating impressive monthly income with minimal expenses. With solid tenants in place, including both commercial and multi-family occupants, this is a turnkey operation for any savvy investor looking to capitalize on the current rental market. Don't miss out on this chance to add a high-performing property to your portfolio. Schedule a viewing today and start reaping the rewards...Welcome to a prime investment opportunity in the heart of an up-and-coming area. This property boasts a cap rate over 9%, generating impressive monthly income with minimal expenses. With solid tenants in place, including both commercial and multi-family occupants, this is a turnkey operation for any savvy investor looking to capitalize on the current rental market. Don't miss out on this chance to add a high-performing property to your portfolio. Schedule a viewing today and start reaping the rewards of this lucrative real estate opportunity! Easy to add a 2-3 bedroom apt in basement of commercial building to generate even more revenue. Property is listed under commercial sale in MLS #5032051
  1. Listed by Brian Hill • Remax Summit

Property Details for 3892 Highway 7

Zoning
Commercial/General
LISTING UPDATED: 05/17/2025 10:15 PM

Property Details for 3892 Highway 7

StatusActive
MLS #5032296
Days on Market280
Taxes$7,945 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1970
Lot Size0.97 AC / 42,253 SF
CountyRutland County

Location

Listing Courtesy of Remax Summit
Add your commute

Building Information for 3892 Highway 7

Stories2Residences4Year Built1970Building Size-Lot Size0.97 AC / 42,253 SF

Payment Calculator

$4,363 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,701

Property Taxes

$662

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3892 Highway 7

Summary
Location and General Information
  • City: Pittsford
  • County: VT-Rutland
  • Directions: Heading from Rutland area travel north on Rte 7. Property is on your right as you make sweeping turn, with Kamudas market on your left. Traveling from the North on Rte 7 south as you enter Pittsford Village the property will be on your left .2 miles form Keiths.
  • Latitude: 43.706732000001004
  • Longitude: -73.028164000000004
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Zip Code: 05763
Taxes and HOA Information
  • SPAN Number: 480-151-10723
  • Tax Year: 2024
  • Taxes TBD: Yes
Parking
  • Garage: Yes
  • Garage Capacity: 2.00
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 42253.0
  • Lot Features: Corner
  • Lot Size Acres: 0.97
  • Square Feet Apx Finished Above Grade: 6740.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 6740.0
  • Square Feet Apx Total Finished: 6740.0
  • 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: 1970
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public Sewer On-Site
  • Water Source: Public Water - At Street
  • Utilities: Cable - At Site
  • Internet: High Speed Intrnt -AtSite
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Brick Exterior
  • Roof: Shingle
  • Total Ranges: 5
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete Floor
  • Total Full Baths: 2
  • Flooring: Carpet, Tile
  • Heating: Baseboard
  • Cooling: Other
  • Total Refrigerators: 5
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $82,288.00
  • Net Income: $71,808.00
  • Operating Expense Incl: Heat, Insurance, Utilities, Water/Sewer
  • Operating Expense: $10,392
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 0
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Lease Term: Month to Month
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Month to Month
  • Unit 1 Rooms: 4
  • Unit 1 Rental Amount: $1,100.00
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Rooms: 3
  • Unit 2 Status: Month to Month
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 2
  • Unit 2 Rental Amount: $1,500.00
Unit 3
  • Unit 3 Lease Term: Annual
  • Unit 3 Baths: 1
  • Unit 3 Rooms: 2
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Style: Commercial
  • Unit 3 Bedrooms: 0
  • Unit 3 Rental Amount: $1,750.00
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Style: Commercial
  • Unit 4 Rooms: 5
  • Unit 4 Baths: 1
  • Unit 4 Status: Month to Month
  • Unit 4 Rental Amount: $2,500.00

Property History for 3892 Highway 7

DateEvent & SourcePriceAppreciation
Apr 15, 2025

Price Change

New England Real Estate Network #5032296

$749,000—
Mar 14, 2025

Listed (Active)

New England Real Estate Network #5032296

$959,000—
DateEvent & SourcePrice
04/15/2025

Price Change

New England Real Estate Network #5032296

$749,000
03/14/2025

Listed (Active)

New England Real Estate Network #5032296

$959,000

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

Public Records for 3892 Highway 7

Taxable ValueLand-Additions-Total-
Tax Record2024$11,961 ($997 / month)
Home Facts
Lot Size42,253 SqFtStyleOffice BuildingZoningCCountyRUTLANDAPN(151) 0715

Schools near 3892 Highway 7

This home is within Otter Valley Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Lothrop School
PublicPK to 6

Otter Valley Uhsd #8
Public7 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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3892 Highway 7 is a multi-family home for sale in Pittsford, VT 05763. This property was listed for sale on March 14, 2025 by Remax Summit, it's currently listed at $749,000. This listing's school district is Otter Valley Unified School District. Nearby schools include Lothrop School and Otter Valley Uhsd #8. 3892 Highway 7 is a 4-bed, 4-bath, 6,740 sqft multi-family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Summit

Copyright 2025 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 12/20/2025 03:19 PM