RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.
Property Details
Property Features
Property Information:
Year Built: 1890
Stories: 2
Living Area: 2,688 SqFt
Listing Office:
Office Name: Real Broker LLC
Office Phone: (802) 613-0729
Listing Agent: Betsy Adamovich
Interior Features
Interior Information:
Basement: Yes
Exterior Features
Parking Information:
Parking: Driveway
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Baseboard
Cooling: None
Price Information
Listing Price Info
Price Summary:
List Price: $345,000
Price Per SqFt: $128/SqFt
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Housing Market Comparison
See how this home compares to others in Rutland, VT.
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 6:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Rutland Intermediate School
6365 Library Ave
Distance between this listing and this school0.49 miles
Public District Grades 3-6
2
/10
Proctor Elementary School
14 School St
Distance between this listing and this school4.45 miles
Public District Grades PK-6
9
/10
Killington Elementary School
686 Schoolhouse Rd
Distance between this listing and this school9.99 miles
Public District Grades PK-6
Nearby Schools
1
/10
Rutland Middle School
67 Library Ave
Distance between this listing and this school0.43 miles
Public District Grades 7-8
5
/10
Rutland Town Elementary School
1612 Post Rd
Distance between this listing and this school2.38 miles
Public District Grades PK-8
5
/10
Castleton-Hubbarton Unified School District #42
263 Elementary School Rd
Distance between this listing and this school11.23 miles
Public District Grades PK-8
Nearby Schools
6
/10
Rutland Senior High School
22 Stratton Rd
Distance between this listing and this school1.76 miles
Public District Grades 9-12
3
/10
West Rutland School
713 Main St
Distance between this listing and this school3.33 miles
Public District Grades PK-12
2
/10
Proctor Junior/Senior High School
4 Park St
Distance between this listing and this school3.80 miles
The neighbors living near this home have an average income of $31,711. The majority of Rutland, VT residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 159 State St
What is the listing price of this property?
The listing price of 159 State St property is $345,000.
What type of property is this?
The property 159 State St is land located in Rutland City, Vermont, 05701.
Is this property for sale now?
Active Listing: 159 State St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 159 State St in Rutland City, VT and zip code 05701. This 2,688 square foot home, which was built in 1890, sits on a 0.15 acre lot. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $345,000.
In March 2024, from all listings sold in Rutland, VT there were more than 5 sold above asking price, over 4 sold below and more than 0 were sold right at the asked price. Between February 2024 and March 2024, Rutland, VT real estate market has seen decrease in the number of listings by 2.8%.
From Rocket Homes Real Estate and based on county public records data.
© Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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. 
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