78 Traverse Place Rutland City, VT $ 440,000
78 Traverse Place
$ 440,000
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78 Traverse Place

Rutland City, VT, 05701
$ 440,000
Bedrooms9 Baths6.0 Sq 5,340

Monthly Estimate*

$ 2,924

Listed by Betsy Adamovich, Real Broker LLC, 802-772-0330, betsyvtre@gmail.com
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Multi-Family Home for sale in Rutland City, VT for $440,000 with 9 bedrooms and 6 full baths. This 5,340 square foot home was built in 1900 on a lot size of 0.12.

RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate—a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.

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Multi-Family Active

Price

$ 440,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

0.12

Year Built

1900

Town/City

Rutland City

County/Region

RUTLAND

MLS | Web ID

4988146

Features
Interior
Basement Description Unfinished
Basement Yes
Heating Fuel Oil
Total Number of Units 5
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General
Road Frontage TBD
Sewer Public
Heating Baseboard Hot Water
Cooling None
Utilities Cable - Available Telephone Available
Roof Shingle - Asphalt
Parking Driveway
Garage No
Exterior Features Porch - Covered
Flood Zone Unknown
Zoning mixed residential
Status Active
Year Built 1900
Electric Circuit Breaker(s)
Style Multi-Family
Stories 2
Construction Status Existing
Net Income 42245
Area VT-Rutland
Seasonal No
Price Per Sq Ft Total 123.6
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Exterior
Foundation Concrete
Driveway Paved
Roads Paved Public
Lot Size Area 0.12
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* Excluded Features
List By
Betsy Adamovich

Listing Agent

Real Broker Llc

Broker

(802) 772-0330

Phone

betsyvtre@gmail.com

Email

Affordability Calculator

$2,924
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,924
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/15/2024$440,000 Listed Price

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78 Traverse Place, Rutland City, VT, 05701 is a Multi-Family Home for sale at $440,000 with 5,340 sqft and a lot size of 0.12. 78 Traverse Place has 9 bedrooms, 6.0 baths, and was built in 1900. The property's zip code is 05701 which is in Rutland City, VT