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118 Barnes Street, West Rutland, VT 05777

$350,000
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Active
BEDS4 BATHS4 full SQUARE FEET2,497 MLS#5083117
STATUSActive PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Wohler Realty Group
Agency Phone: 802-297-3333
Associate Name: Trent Stephens
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Property Description

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.

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.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Oil, Baseboard
Home Style: Multi-Family
Lot Size: 0.46 Acres
Roof Type: Slate
Stories: 2.0
Year Built: 1890

Units

Unit 1:
Bathroom(s): 2
Bedrooms: 2
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $800.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $790.00

Feature Descriptions

Construction: Wood Frame, Clapboard Exterior
Construction Status: Existing
Days on Site: 7
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Clapboard Exterior
Flood Zone: Unknown
Foundation: Concrete
Foundation: Concrete
Lot: Level, Sidewalks, In Town, Near Paths, Near Shopping, Near Skiing, Near Hospital, Near School(s)
Roads: Paved, Public
Sewer: Public
Sq. Ft. Above Grade Finished: 2497
Sq. Ft. Below Grade Unfinished: 1222
Sq. Ft. Total Finished: 2497
Total Stories: 2
Units: 3
Water: Public
Zoning: Residential

Listed By / Shown By

Listed By

Agency Name: Wohler Realty Group
Agency Phone: 802-297-3333
Agent Name: Trent Stephens

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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

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