425-435 Pleasant Street
425-435 Pleasant Street
West Rutland, VT 05777
$550,000
Price
11
Beds
6
Baths
4,911 Sq. Ft.
$112 / Sq. Ft.
4,911
Sq. Ft.
$112
per Sq. Ft.
Description
A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two...A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two spacious three-bedroom units. With a total of six units, there's significant income potential for investors. Additionally, the presence of five storage units in the basement offers the possibility of additional rental income or amenities for tenants and being that it is a walk out basement there is also enough space to add a seventh unit if permitting allows. Both buildings are equipped with electric heating systems, ensuring that tenants cover all utility expenses. This setup simplifies management and enhances profitability for the owner. The two three-bedroom units in the second building are both vacant and have recently undergone renovations, offering a turnkey opportunity for immediate owner occupancy or tenant placement after closing. Don't miss out on this exceptional investment opportunity.
- Listed by Hughes Group Team • Casella Real Estate
Property Details for 425-435 Pleasant Street
Zoning
unknown
Location
Listing Courtesy of Casella Real Estate
Add your commute
LISTING UPDATED: 04/04/2024 12:34 PM
Property Details for 425-435 Pleasant Street
| Status | Active |
|---|---|
| MLS # | 4990171 |
| Days on Market | 25 |
| Taxes | $6,478 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1900 |
| Lot Size | 0.47 AC / 20,473 SF |
| County | Rutland County |
Location
Listing Courtesy of Casella Real Estate
Add your commute
Building Information for 425-435 Pleasant Street
Stories2Residences6Year Built1900Building Size-Lot Size0.47 AC / 20,473 SF
Payment Calculator
$3,541 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,002
Property Taxes
$540
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 425-435 Pleasant Street
Summary
Location and General Information
- City: West Rutland
- County: VT-Rutland
- Latitude: 43.598869230333321
- Longitude: -73.043395253967290
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Street Designation: Street
- Zip Code: 05777
Taxes and HOA Information
- SPAN Number: 735-234-10243
- Tax - Gross Amount: $6,477.84
- Tax Year: 2023
- Taxes TBD: No
Parking
- Garage: No
- Driveway: Paved
Property
Lot Information
- Lot - Sqft: 20473.0
- Lot Features: Other
- Lot Size Acres: 0.47
- Square Feet Apx Finished Above Grade: 4911.0
- Square Feet Apx Finished AG Source: Public Records
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Public Records
- Square Feet Apx Total: 7556.0
- Square Feet Apx Total Finished: 4911.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished AG Source: Other
- Square Feet Apx Unfinished Below Grade: 2645.0
- Square Feet Apx Unfinished BG Source: Public Records
Property and Assessments
- Property Class: Multi-Family
- Construction Status: Existing
- Flood Zone: No
- Foundation: Concrete, Marble, Stone
- PreConstruction: No
- Surveyed: No
- Year Built: 1900
Utilities
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Other
- Total Electric Meters: 6
- Internet: High Speed Intrnt -Avail
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame
- Roads: Paved, Public
- Roof: Shingle
- Total Ranges: 6
Interior Features
- Basement: Yes
- Basement Access Type: Walk-up
- Basement Description: Full, Unfinished
- Total Full Baths: 6
- Flooring: Carpet, Laminate, Vinyl
- Heat Fuel: Electric
- Heating: Electric
- Cooling: None
- Total Refrigerators: 6
- Total Stories: 2
Multi Family
Income & Expenses Information
- Gross Income: $70,260.00
- Net Income: $47,267.61
- Operating Expense Incl: Insurance, Snow Removal, Trash, Water/Sewer
- Operating Expense: $22,992
Multi-Family Information
- Total Units: 6
- Total 1 BR Units: 3
- Total 2 BR Units: 1
- Total 3+ BR Units: 2
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 2
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Rooms: 4
- Unit 1 Rental Amount: $865.00
- Unit 1 Tenant Pays: Electric, Heat
- Unit 1 Info: Range - Electric, Refrigerator
Unit 2
- Unit 2 Baths: 1
- Unit 2 Rooms: 3
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 1
- Unit 2 Rental Amount: $720.00
- Unit 2 Info: Range - Electric, Refrigerator
- Unit 2 Tenant Pays: Electric, Heat
Unit 3
- Unit 3 Baths: 1
- Unit 3 Rooms: 3
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Bedrooms: 1
- Unit 3 Rental Amount: $650.00
- Unit 3 Info: Range - Electric, Refrigerator
- Unit 3 Tenant Pays: Electric, Heat
Unit 4
- Unit 4 Rooms: 3
- Unit 4 Baths: 1
- Unit 4 Bedrooms: 1
- Unit 4 Status: Vacant
- Unit 4 Info: Microwave, Range - Electric, Refrigerator
- Unit 4 Tenant Pays: Electric, Heat
Unit 5
- Unit 5 Status: Vacant
- Unit 5 Baths: 1
- Unit 5 Bedrooms: 3
- Unit 5 Rooms: 5
- Unit 5 Info: Range - Electric, Refrigerator
- Unit 5 Tenant Pays: Electric, Heat
Unit 6
- Unit 6 Baths: 1
- Unit 6 Bedrooms: 3
- Unit 6 Rooms: 5
- Unit 6 Status: Vacant
- Unit 6 Info: Range - Electric, Refrigerator
- Unit 6 Tenant Pays: Electric, Heat
Property History for 425-435 Pleasant Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 425-435 Pleasant Street
This home is within Quarry Hill Unified Union School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
West Rutland School PublicPK 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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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 Casella Real Estate
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 02:27 PM
