Sold
Last Sold Price
6 beds2,910 sqft$65/sqft
49 Summer St, Rutland, VT 05701
Multi FamilyProperty Type
6,534 sq ftLot Size
1834Year Built
$65/sq ftPrice per sq ft

Description

One of the best Multi-Family values on the market. Excellent cash flow opportuity for astute investors. Good Tenants already inplace, one is long term 10+ years. There is not much to improve on, as the current owner has been quite fastidious with maintenance and general upkeep. Many upgrades have been done, replacment windows, electrical and plumbing systems, and wallboard to name a few. The interior features nicely appointed eat in kitchens with ample counter and cabinet space. The baths and kitchens...One of the best Multi-Family values on the market. Excellent cash flow opportuity for astute investors. Good Tenants already inplace, one is long term 10+ years. There is not much to improve on, as the current owner has been quite fastidious with maintenance and general upkeep. Many upgrades have been done, replacment windows, electrical and plumbing systems, and wallboard to name a few. The interior features nicely appointed eat in kitchens with ample counter and cabinet space. The baths and kitchens have ceramic tile floors. Very spacious livingrooms, along with three good size bedrooms. Large rear entry mudrooms great for extra storage. Outside you'll find newer porches, and the chimney recently had a liner and cap installed. This one won't last long, priced to sell!

    Sold By Four Corner Properties LLC

    • Listed by: Denise Ozanne • Blue Ridge Real Estate
    Listing closed: 01/27/2023 12:00 AM • Source: New England Real Estate Network, MLS#: 4935756

    Location

    Add your commute

    Payment Calculator

    $1,394 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $975

    Property Taxes

    $419

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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    Property Information for 49 Summer Street

    Property Details
    • Taxes: $5,028 / year
    • MLS Type: Multi Family
    • Zoning: MR-1
    Building Information
    • Stories: 2
    • Residences: 2
    • Year Built: 1834
    • Lot Size: 0.15 AC / 6,534 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Directions: From Grove Street Turn onto State Street then a quick right onto Summer Street Property is on the left.
    • Latitude: 43.610813463752706
    • Longitude: -72.982558271163938
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip Code: 05701
    Taxes and HOA Information
    • SPAN Number: 540-170-15368
    • Tax - Gross Amount: $5,028.00
    • Taxes TBD: Yes
    School Information
    • School - District: Rutland City School District
    Parking
    • Garage: No
    • Driveway: Gravel
    Property
    Lot Information
    • Lot - Sqft: 6534.0
    • Lot Size Acres: 0.15
    • Road Frontage Length: 62.0
    • Square Feet Apx Finished Above Grade: 2910.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Total: 4749.0
    • Square Feet Apx Total Finished: 2910.0
    • Square Feet Apx Unfinished Above Grade: 384.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 1455.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Block, Brick, Stone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1834
    Utilities
    • Electric Company: GMP
    • Fuel Company: Johnson Energy
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Cable - Available
    • Total Electric Meters: 3
    Interior and Exterior Features
    Exterior Features
    • Color: Blue/Gray
    • Features - Exterior: Porch - Covered, Windows - Double Pane
    • Roads: Public
    • Roof: Metal
    • Total Ranges: 2
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Crawl Space, Dirt Floor, Gravel, Stairs - Interior, Interior Access
    • Total Full Baths: 2
    • Flooring: Carpet, Ceramic Tile, Laminate
    • Heat Fuel: Oil
    • Heating: Baseboard, Forced Air
    • Cooling: None
    • Total Refrigerators: 2
    • Total Stories: 2
    • Total Water Heaters: 2
    Multi Family
    Multi-Family Information
    • Total Units: 2
    • Total 1 BR Units: 0
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 2
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 3
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Month to Month
    • Unit 1 Apx Sqft: 1455.0
    • Unit 1 Rooms: 5
    • Unit 1 Rental Amount: $1,100.00
    • Unit 1 Tenant Pays: Electric, Heat, Hot Water
    • Unit 1 Info: Heat - Oil, Laundry Hookup, Mudroom, Porch, Range - Electric, Refrigerator, Smoke Detector, Water Heater
    Unit 2
    • Unit 2 Baths: 1
    • Unit 2 Rooms: 5
    • Unit 2 Status: Month to Month
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Apx Sqft: 1455.0
    • Unit 2 Bedrooms: 3
    • Unit 2 Rental Amount: $1,400.00
    • Unit 2 Info: Heat - Oil, Heat Included, Laundry Hookup, Mudroom, Porch, Range - Electric, Refrigerator, Smoke Detector, Water Heater
    • Unit 2 Tenant Pays: Electric, Hot Water

    Property History for 49 Summer Street

    DateEvent & SourcePriceAppreciation
    Jan 27, 2023

    Sold (Public Record)

    Public Record #1504718934

    $188,700

    +0.4% / yr

    Jan 27, 2023

    Sold

    New England Real Estate Network #4935756

    $188,700
    Dec 16, 2022

    Active Under Contract

    New England Real Estate Network #4935756

    DateEvent & SourcePrice
    01/27/2023

    Sold (Public Record)

    Public Record #1504718934

    $188,700

    +0.4% / yr

    01/27/2023

    Sold

    New England Real Estate Network #4935756

    $188,700
    12/16/2022

    Active Under Contract

    New England Real Estate Network #4935756

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

    Public Records for 49 Summer Street

    Taxable ValueLand$40,600Additions$103,200Total$143,800
    Tax Record2025$2,771 ($231 / month)
    Home Facts
    Beds0Lot Size6,534 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 15368

    Schools near 49 Summer Street

    This home is within Rutland City School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - 3 to 6
    Public - 7 to 8
    Public - 9 to 12
    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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    Listing Courtesy of Blue Ridge Real Estate

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