166 State Street

Rutland, VT 05701

$400,000
Price
7
Beds
5
Baths
3,018 Sq. Ft.
$133 / Sq. Ft.
3,018
Sq. Ft.
$133
per Sq. Ft.

Description

INVESTORS TAKE NOTE: 5 unit apartment building located in the heart of Rutland. Rents are well below market with great potential for improved income. Tenants pay electric and internet. Plenty of off-street and street parking. BBHW Heat and LP Gas Hot Water. Walking distance to Giorgetti Athletic Complex and to downtown markets, shops, and dining. Only 20 minutes to Killington/ Pico Ski Resort. Less than 2 hours to both Albany or Burlington International Airports.INVESTORS TAKE NOTE: 5 unit apartment building located in the heart of Rutland. Rents are well below market with great potential for improved income. Tenants pay electric and internet. Plenty of off-street and street parking. BBHW Heat and LP Gas Hot Water. Walking distance to Giorgetti Athletic Complex and to downtown markets, shops, and dining. Only 20 minutes to Killington/ Pico Ski Resort. Less than 2 hours to both Albany or Burlington International Airports.
  1. Listed by Mark Triller • Century 21 Premiere Properties-Rutland

Property Details for 166 State Street

Zoning
40

Location

Listing Courtesy of Century 21 Premiere Properties-Rutland
Add your commute
LISTING UPDATED: 04/16/2024 02:18 AM

Property Details for 166 State Street

StatusActive
MLS #4991426
Days on Market14
Taxes$4,979 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built1910
Lot Size0.21 AC / 9,147 SF
CountyRutland County

Location

Listing Courtesy of Century 21 Premiere Properties-Rutland
Add your commute

Building Information for 166 State Street

Stories2Residences5Year Built1910Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

$2,598 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,183

Property Taxes

$415

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 166 State Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Directions: Sign In Front
  • Latitude: 43.608495694732497
  • Longitude: -72.988598457672097
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Map: Tax
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 54017012666
  • Tax - Gross Amount: $4,979.00
  • Tax Year: 2024
  • Taxes TBD: Yes
School Information
  • School - High: Rutland Senior High School
  • School - District: Rutland City School District
  • School - Elementary: Northwest Primary School
  • School - Middle/Jr: Rutland Intermediate School
Parking
  • Garage: No
  • Driveway: Gravel, Paved
Property
Lot Information
  • Lot - Sqft: 9148.0
  • Lot Features: City Lot
  • Lot Size Acres: 0.21
  • Square Feet Apx Finished Above Grade: 2118.0
  • Square Feet Apx Finished AG Source: Assessor
  • Square Feet Apx Finished Below Grade: 900.0
  • Square Feet Apx Finished BG Source: Estimated
  • Square Feet Apx Total: 3177.0
  • Square Feet Apx Total Finished: 3018.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished AG Source: Estimated
  • Square Feet Apx Unfinished Below Grade: 159.0
  • Square Feet Apx Unfinished BG Source: Estimated
Property and Assessments
  • Assessment Amount: $139,700
  • Assessment Year: 2022
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: Yes
  • Foundation: Marble, Stone
  • PreConstruction: No
  • Surveyed: No
  • Year Built: 1910
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable - Available, Telephone Available
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Color: Gray
  • Construction Materials: Aluminum
  • Roads: Public
  • Roof: Slate
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Apartments, Walkout
  • Total Full Baths: 5
  • Heat Fuel: Oil
  • Heating: Baseboard, Radiator
  • Cooling: None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $4,050.00
Multi-Family Information
  • Total Units: 5
  • Total 1 BR Units: 3
  • 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 Rental Amount: $650.00
  • Unit 1 Tenant Pays: Electric, Internet Service
Unit 2
  • Unit 2 Lease Term: Month to Month
  • Unit 2 Baths: 1
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $650.00
  • Unit 2 Tenant Pays: Electric, Internet Service
Unit 3
  • Unit 3 Lease Term: Month to Month
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Bedrooms: 2
  • Unit 3 Rental Amount: $1,200.00
  • Unit 3 Tenant Pays: Electric, Internet Service
Unit 4
  • Unit 4 Lease Term: Month to Month
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Rental Amount: $900.00
  • Unit 4 Tenant Pays: Electric, Internet Service
Unit 5
  • Unit 5 Rental Agreement: Yes
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
  • Unit 5 Lease Term: Month to Month
  • Unit 5 Rental Amount: $650.00

Property History for 166 State Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 166 State Street

Taxable ValueLand$66,400Additions$73,300Total$139,700
Home Facts
Lot Size9,148 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 12666

Schools near 166 State 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 - 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 Northwest 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

166 State Street is a multi-family home for sale in Rutland, VT 05701. This property was listed for sale on April 15, 2024 by Century 21 Premiere Properties-Rutland, it's currently listed at $400,000. It has been on the market for a total of 14 days and was last sold on October 21, 2008. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 166 State Street is a 7-bed, 5-bath, 3,018 sqft multi-family home built in 1910.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Premiere Properties-Rutland

Copyright 2024 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 04/29/2024 04:06 PM