Listing Courtesy of:
Wohler Realty Group
Agency Phone: 802-297-3333
Associate Name: Trent Stephens
Well-maintained 3-unit multifamily property offering immediate income with upside potential. The building includes a 2-bedroom, 1.5-bath unit, a 1-bedroom, 1-bath unit, and an efficiency studio apartment. Two units are currently leased, providing steady rental income, while the 2-bedroom unit is owner-occupied and will be delivered vacant at closing. This setup offers flexibility for investors seeking a mix of stability and opportunity. Current rental rates appear to be below market, offering potential for increased income. A new owner can choose to lease the vacant unit for full income production or occupy the space while benefiting from rental income from the other units. The property has been well cared for and is already operating as a functional multi-unit, allowing for a smooth transition. Conveniently located near local amenities, this is a strong opportunity for investors looking to add a performing asset with room for growth.
Listed By
Agency Name: Wohler Realty Group
Agency Phone: 802-297-3333
Agent Name: Trent Stephens
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 881.03 per month $778.95 Principal & Interest $0.00 Property Tax (data not provided by mls) $102.08 Homeowner's Insurance
118 Barnes Street | MLS# 5083117
This multi-family property located at 118 Barnes Street, West Rutland, VT 05777 is currently listed for sale with an asking price of $350,000. Search West Rutland real estate on www.masiellogrouprealestate.com today.