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Listed by Jim Watson of Watson Realty & Associates, PLC

Sturdy 4 unit apartment house one block from the heart of downtown Rutland. Two 2 bedroom units and two 1 bedroom units. On site parking. New vinyl siding over rigid insulation, new oil tank and one unit recently renovated and on a one year lease. Other tenants are on month to month rentals. Vinyl siding and fuel oil tank are new in 2019. Rental Income: 1 Front $800.00; 1 Rear $650.00; 2 Front $675.00; 2 Rear $750.00 = $2,875.00 monthly and $34,500.00 annual. Expenses: RE Tax $6,019.04; Water/Sewer $1,767.39; Heating Oil $6,792.36; House Electric $819.22; Rubbish $1,200.00; Mow/Plow $1,200.00 = $17,798.01.

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Copyright 2019 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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. Data last updated December 10, 2019.

 

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