42 Jackson Avenue

Closed 6/28/23
Closed 6/28/23
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Sold
Last Sold Price
$210,000
6 beds2,444 sqft$86/sqft
42 Jackson Ave, Rutland, VT 05701
Multi FamilyProperty Type
0.25 acresLot Size
1880Year Built
$86/sq ftPrice per sq ft
2 carsParking Spaces

Description

If you are looking for your next investment opportunity, here is a well maintained 3-unit multifamily in Rutland City with a cap rate of just over 12%. On the first floor is a 3-bedroom 1-bathroom unit that is rented for $1300 a month, these tenants pay for their electric and also take care of snow removal, lawn care, and trash for the property in trade for use of the 2-car garage. The seller estimates the cost of these operating expenses would be approximately $2400 per year if outsourced. On the...If you are looking for your next investment opportunity, here is a well maintained 3-unit multifamily in Rutland City with a cap rate of just over 12%. On the first floor is a 3-bedroom 1-bathroom unit that is rented for $1300 a month, these tenants pay for their electric and also take care of snow removal, lawn care, and trash for the property in trade for use of the 2-car garage. The seller estimates the cost of these operating expenses would be approximately $2400 per year if outsourced. On the second floor are the 2 other units which rent for $1050 (2-bedroom) and $850 (1-bedroom) per month and tenants pay for their electric. Seller has wonderful tenants and has nicely maintained the property, but is relocating and does not want to own the property from such a far distance.

    Sold By Casella Real Estate

    • Listed by: Hughes Group Team • Casella Real Estate
    Listing closed: 06/28/2023 12:00 AM • Source: New England Real Estate Network, MLS#: 4950697
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    $1,515 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $1,085

    Property Taxes

    $430

    HOA Dues

    $0

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    Property Information for 42 Jackson Avenue

    Property Details
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1880
    • Lot Size: 0.25 AC / 10,890 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Latitude: 43.602625384925190
    • Longitude: -72.967256000000006
    • Road Frontage: TBD
    • Seasonal: No
    • State: VT
    • Street Designation: Avenue
    • Zip Code: 05701
    Taxes and HOA Information
    • SPAN Number: 540-170-14451
    • Tax - Gross Amount: $5,158.92
    • Tax Year: 2023
    • Taxes TBD: No
    Parking
    • Garage: Yes
    • Garage Capacity: 2.00
    • Driveway: Paved
    Property
    Lot Information
    • Lot - Sqft: 10890.0
    • Lot Size Acres: 0.25
    • Square Feet Apx Finished Above Grade: 2444.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Other
    • Square Feet Apx Total: 3111.0
    • Square Feet Apx Total Finished: 2444.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished AG Source: Other
    • Square Feet Apx Unfinished Below Grade: 667.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: Unknown
    • Foundation: Stone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1880
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Utilities: High Speed Intrnt -Avail, Telephone Available
    Interior and Exterior Features
    Exterior Features
    • Roads: Paved, Public
    • Roof: Slate
    • Total Ranges: 3
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Unfinished
    • Total Full Baths: 3
    • Flooring: Carpet, Hardwood, Laminate
    • Heat Fuel: Oil
    • Heating: Baseboard
    • Cooling: None
    • Total Refrigerators: 3
    • Total Stories: 2
    Multi Family
    Income & Expenses Information
    • Gross Income: $38,400.00
    • Net Income: $24,777.00
    • Operating Expense Incl: Heat, Insurance, Other, Utilities, Water/Sewer
    • Operating Expense: $13,622
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 1
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 1
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 3
    • Unit 1 Lease Term: Month to Month
    • Unit 1 Level Number: 1
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Rooms: 6
    • Unit 1 Rental Amount: $1,300.00
    • Unit 1 Tenant Pays: Electric, Ground Maintenance, Hot Water, Snow Removal, Trash
    • Unit 1 Info: Dishwasher, Range - Electric, Refrigerator
    Unit 2
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 5
    • Unit 2 Status: Month to Month
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 2
    • Unit 2 Rental Amount: $1,050.00
    • Unit 2 Info: Range - Electric, Refrigerator
    • Unit 2 Tenant Pays: Electric, Hot Water
    Unit 3
    • Unit 3 Baths: 1
    • Unit 3 Rooms: 3
    • Unit 3 Bedrooms: 1
    • Unit 3 Info: Appliances Included
    • Unit 3 Tenant Pays: Electric, Hot Water

    Property History for 42 Jackson Avenue

    DateEvent & SourcePriceAppreciation
    Jun 28, 2023

    Sold (Public Record)

    Public Record #1514053875

    		$210,000—
    Jun 28, 2023

    Sold

    New England Real Estate Network #4950697

    		$210,000—
    Jun 26, 2023

    Pending

    New England Real Estate Network #4950697

    		—
    DateEvent & SourcePrice
    06/28/2023

    Sold (Public Record)

    Public Record #1514053875

    $210,000
    06/28/2023

    Sold

    New England Real Estate Network #4950697

    $210,000
    06/26/2023

    Pending

    New England Real Estate Network #4950697

    —

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

    Public Records for 42 Jackson Avenue

    Taxable ValueLand$56,400Additions$93,000Total$149,400
    Tax Record2025$2,879 ($240 / month)
    Home Facts
    Beds0Lot Size10,890 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 14451

    Schools near 42 Jackson 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
    Rutland Northeast Primary School
    		Public - PK to 2
    Rating
    School
    Distance
    Rutland Intermediate School
    Public3 to 6

    Rutland Middle School
    Public7 to 8

    Rutland Senior High School
    Public9 to 12

    Rutland Northeast Primary School
    PublicPK to 2

    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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    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 Casella Real Estate

    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 09/10/2026 04:18 PM