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125 Grove Street, Rutland, Vermont

$220,000Contract Pending

125 Grove Street, Rutland, Vermont 05701
- MLS® ID: 4614438

Property Details

125 Grove Street, Rutland, Vermont 05701 - Unique to the area is this four unit property that offers very spacious updated units. This building was featured in the Rutland Historical Society when it was relocated to make room for Montgomery Wards in 1929. This is one great investment with a cap rate of 19 percent! The configuration of this dwelling consists of one apartment on the entire first floor, one apartment on the entire second floor, leaving the third floor with two nicely appointed two bedroom apartments. Nice wood floors w. original woodwork and window alcoves. All 4 units were recently renovated and have separate utilities. Apartment one is fully furnished and has recently been rented through Airbnb. Option to purchase furnishings in apartment one would include 2 beds, 1 set of bunk beds, a couch, 2 chaises, barstools, and kitchen table and chairs. Great off street parking. Seller will provide clean certificate of occupancy prior to closing.

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  • Zip05701
  • CountyRutland
  • SQFT5166
  • StatusActive
  • Purchase TypeContract Pending
  • Property typeMulti-Family
  • Year built1876
  • Construction StatusExisting
  • SewerPUBLIC
  • HeatingBaseboard
  • CoolingNone
  • ParkingOff Street
  • Tax year2017
  • MLS® ID4614438

Listing Courtesy of Century 21 Premiere Properties

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“Suzanne is great! She is very experienced and knows the area very well. I worked with her for nearly 2 years before I found the perfect property for me and my price range. I will definitely work with her again!”

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