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168 N.main Street, Rutland City, VT 05701

$550,000
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Active
BEDS5 BATHS5 full SQUARE FEET3,084 MLS#5088308
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLRutland City

Listing Courtesy of: Four Seasons Sothebys Intl Realty
Agency Phone: 802-774-7007
Associate Name: Freddie Ann Bohlig
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Property Description

Investment opportunity with outstanding Route 7 North visibility and commercial zoning that opens the door to a wide variety of uses. This turnkey, income-producing property offers over 3,000 square feet of beautifully renovated space and includes a one-bedroom apartment that is currently leased to a long-term tenant for $1,060 per month, providing reliable year-round income. The spacious main residence features four bedrooms and four and a half baths and has operated as a highly successful Airbnb for the owners over the past several years. The property is also currently booked with seasonal renters from December 1 through March 31, offering immediate income to the next owner. Renovated from top to bottom in 2006, this impressive building was updated with quality furnishings, modern utilities, plumbing, insulation, wiring, oil furnace, central air, appliances, and an attractive interior highlighted by a cozy fireplace. Formerly a successful salon, the property offers exceptional flexibility for continued short-term rental use, an owner-occupied business, or a variety of commercial ventures. A large rear storage shed, abundant paved parking, and the fact that the property is being offered fully furnished make this a truly turnkey investment. Fantastic location just minutes to Killington Resort, pristine lakes, and an active downtown featuring Paramount Theatre, outstanding restaurants, farmers markets, and year-round events. Experience the very best of Vermont and Live Vermont!

168 N.main Street | MLS# 5088308

This multi-family property located at 168 N.main Street, Rutland City, VT 05701 is currently listed for sale with an asking price of $550,000. N.main Street is located within the Rutland City school district. Search Rutland City real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Interior Stairs, Unfinished, Basement Stairs
Basement: Yes
Cooling: Central AC
Heating: Oil, Baseboard, Forced Air, Multi Zone, Gas Fireplace
Home Style: New Englander
Lot Size: 0.32 Acres
Roof Type: Asphalt Shingle
Stories: 1.5
Taxes: $10,659
Year Built: 1886

Units

Unit 1:
Bathroom(s): 4
Bedrooms: 4
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1060.00

Feature Descriptions

Amenities: Other
Construction: Vinyl Siding
Construction Status: Existing
Days on Site: 25
Driveway: Paved
Driveway: Paved
Electric: 200+ Amp Service
Exterior: Vinyl Siding
Flood Zone: No
Flooring: Ceramic Tile, Wood
Foundation: Concrete
Foundation: Concrete
Lot: City Lot, Recreational, Sidewalks, Near Shopping, Near Skiing, Near Railroad, Near Hospital
Roads: Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 3084
Total Stories: 1.5
Units: 2
Water: Public
Zoning: commercial

Local Schools

High School: Rutland Senior High School
Middle School: Rutland Middle School
Elementary School: Rutland Northeast Primary Sch
School District: Rutland City

Listed By / Shown By

Listed By

Agency Name: Four Seasons Sothebys Intl Realty
Agent Name: Freddie Ann Bohlig
Agency Phone: 802-774-7007

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Estimated Payment

$ 2,272.73 per month $1,224.06 Principal & Interest $888.25 Property Tax $160.42 Homeowner's Insurance

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