42 Jackson Ave

Rutland, VT 05701

$210,000
Last Sold Price
6
Beds
2,444 Sq. Ft.
$86 / Sq. Ft.
2,444
Sq. Ft.
$86
per Sq. Ft.
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Closed 6/28/23
Closed 6/28/23

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.
  1. Listed by Hughes Group Team • Casella Real Estate

Sold By Casella Real Estate

Property Details for 42 Jackson Avenue

Zoning
unknown
LISTING CLOSED: 06/28/2023 12:00 AM

Property Details for 42 Jackson Avenue

StatusClosed
MLS #4950697
Days on Market9
Taxes$5,159 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1880
Lot Size0.25 AC / 10,890 SF
CountyRutland County
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Location

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Building Information for 42 Jackson Avenue

Stories2Residences3Year Built1880Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

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$1,497 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,067

Property Taxes

$430

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 42 Jackson Avenue

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
  • Construction Status: Existing
  • 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
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
44 Jackson Avenue, Rutland, VT 05701
–
–
–
–
10,890
28 Jackson Avenue, Rutland, VT 05701
$129,000
3
1,808
10,890
46 Jackson Avenue, Rutland, VT 05701
–
–
–
–
10,890
39 Jackson Avenue, Rutland, VT 05701
$152,500
6
3,043
9,583
26 Jackson Avenue, Rutland, VT 05701
$165,000
3
1,732
10,890

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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 07/31/2026 06:18 PM