78 Cleveland Ave

3,586 Sq. Ft.
$35 / Sq. Ft.
3,586
Sq. Ft.
$35
per Sq. Ft.

Description

4 Rental units in one building on a city lot, convenient location, one unit has been completely renovated and rready to rent, with full occupancy gross annual income is $36,840 with a cap rate over 16%4 Rental units in one building on a city lot, convenient location, one unit has been completely renovated and rready to rent, with full occupancy gross annual income is $36,840 with a cap rate over 16%
  1. Listed by Mike Kalil • Watson Realty & Associates

Sold By Watson Realty & Associates

Property Details for 78 Cleveland Avenue

Zoning
Residential
LISTING CLOSED: 04/27/2022 12:00 AM

Property Details for 78 Cleveland Avenue

StatusClosed
MLS #4897434
Days on Market3
Taxes$5,252 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1884
Lot Size0.31 AC / 13,503 SF
CountyRutland County

Location

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Building Information for 78 Cleveland Avenue

Stories2Residences4Year Built1884Building Size-Lot Size0.31 AC / 13,503 SF

Payment Calculator

$1,073 per month

30 year fixed, 6.55% Interest

Principal and Interest

$635

Property Taxes

$438

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 78 Cleveland Avenue

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.612396767920643
  • Longitude: -72.988439000000014
  • Road Frontage: Yes
  • Seasonal: No
  • State: VT
  • Street Designation: Avenue
  • Zip: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-10079
  • Tax - Gross Amount: $5,251.88
  • Tax Year: 2021
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 13504.0
  • Lot Size Acres: 0.31
  • Road Frontage Length: 94.0
  • Square Feet Apx Finished Above Grade: 3586.0
  • Square Feet Apx Finished AG Source: Public Records
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 4894.0
  • Square Feet Apx Total Finished: 3586.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1308.0
  • Square Feet Apx Unfinished BG Source: Estimated
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Yes
  • Foundation: Brick, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1884
Utilities
  • Electric: 100 Amp
  • Sewer: Public
  • Utilities: Internet - Cable
  • Total Electric Meters: 5
Interior and Exterior Features
Exterior Features
  • Roads: Public
  • Roof: Slate
  • Total Ranges: 4
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Stairs - Interior
  • Total Full Baths: 4
  • Heat Fuel: Oil
  • Heating: Hot Water
  • Cooling: None
  • Total Refrigerators: 4
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $36,840.00
  • Net Income: $23,928.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $12,912
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 4
  • Total 2 BR Units: 0
  • Total 3+ BR Units: 0
  • Total Heat Units: 1
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Rental Amount: $750.00
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $720.00
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $850.00
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Vacant
  • Unit 4 Rental Amount: $750.00

Property History for 78 Cleveland Avenue

DateEvent & SourcePriceAppreciation
Apr 27, 2022

Sold

New England Real Estate Network #4897434

$125,000—
Feb 11, 2022

Pending

New England Real Estate Network #4897434

—
Feb 8, 2022

Listed (Active)

New England Real Estate Network #4897434

$135,000—
DateEvent & SourcePrice
04/27/2022

Sold

New England Real Estate Network #4897434

$125,000
02/11/2022

Pending

New England Real Estate Network #4897434

—
02/08/2022

Listed (Active)

New England Real Estate Network #4897434

$135,000

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

Public Records for 78 Cleveland Avenue

Taxable ValueLand$41,200Additions$109,000Total$150,200
Home Facts
Beds0Lot Size13,504 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 10079

Schools near 78 Cleveland Avenue

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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$40,000
–
–
2,496
7,405
$40,000
–
–
–
7,405
$81,000
3
1,171
4,791
–
–
–
–
22,651
$42,500
–
–
–
3,485

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 03:22 PM