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.
Property Details
Property Features
Property Information:
Year Built: 1900
Stories: 2
Living Area: 4,911 SqFt
Listing Office:
Office Name: Casella Real Estate
Office Phone: (802) 772-7487
Listing Agent: Hughes Group Team
Interior Features
Interior Information:
Basement: Yes
Flooring Type: Carpet, Laminate, Vinyl
Lot Features
Lot Information:
Lot Size: 0.47 Acres
Utilities
Utilities Information:
Heating: Electric
Cooling: None
School Info
Assigned Schools Information:
West Rutland School, Public District Grades PK-12
Price Information
Listing Price Info
Price Summary:
List Price: $550,000
Price Per SqFt: $112/SqFt
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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.
High School
3
/10
West Rutland School
713 Main St
Distance between this listing and this school0.64 miles
Public District Grades PK-12
Nearby Schools
4
/10
Rutland Intermediate School
6365 Library Ave
Distance between this listing and this school3.20 miles
Public District Grades 3-6
2
/10
Proctor Elementary School
14 School St
Distance between this listing and this school4.60 miles
Public District Grades PK-6
8
/10
Poultney Elementary School
96 School Cir
Distance between this listing and this school11.10 miles
Public District Grades PK-6
Nearby Schools
1
/10
Rutland Middle School
67 Library Ave
Distance between this listing and this school3.13 miles
Public District Grades 7-8
5
/10
Rutland Town Elementary School
1612 Post Rd
Distance between this listing and this school4.81 miles
Public District Grades PK-8
5
/10
Castleton-Hubbarton Unified School District #42
263 Elementary School Rd
Distance between this listing and this school8.82 miles
Public District Grades PK-8
Assigned Schools
3
/10
West Rutland School
713 Main St
Distance between this listing and this school0.64 miles
Public District Grades PK-12
Nearby Schools
2
/10
Proctor Junior/Senior High School
4 Park St
Distance between this listing and this school4.15 miles
Public District Grades 7-12
6
/10
Rutland Senior High School
22 Stratton Rd
Distance between this listing and this school4.48 miles
The neighbors living near this home have an average income of $43,293. Typical income of Rutland County, VT residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 425-435 Pleasant St
What is the listing price of this property?
The listing price of 425-435 Pleasant St property is $550,000.
What type of property is this?
The property 425-435 Pleasant St is land located in West Rutland, Vermont, 05777.
Is this property for sale now?
Active Listing: 425-435 Pleasant St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 425-435 Pleasant St are: West Rutland School: GreatSchools Rating 3/10
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This home is located at 425-435 Pleasant St in West Rutland, VT and zip code 05777. This 4,911 square foot home, which was built in 1900, sits on a 0.47 acre lot. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $550,000.
The inventory of homes for sale in Rutland County, VT between March 2024 and April 2024 increased by 52%. In April 2024 median list price was $317,500 and the average listing age was 61 days.
From Rocket Homes Real Estate and based on county public records data.