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Property view

33 Cottage Street, 
Rutland City, VT 05701

$380,000


Bed


Bath


8,685

Sq Ft


Multi-Family

Sold

Listed by

Morgan Medeiros

Casella Real Estate

802-772-7487

MLS#

4953789

Source:

PrimeMLS

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About This Home

33 Cottage Street

Investors take notice! This 9,000+ square foot brick building has been rezoned for 9 residential units with nine separate electric meters. Four units are move-in ready with two units close behind in renovation work. The final three units can be constructed from the spacious first floor. The seller has kept the building vacant during renovation work so the new owners have the ability to fill units with tenants of their choosing. Off street paved parking lot for 18 cars. All units can be accessed through the main entrance and interior stairwell as well as two fire escapes that serve the upper floors. The basement is half finished with the option to be converted to coin-op laundry and storage closets. Newer oil-fired steam boiler that serves the whole building. Major plumbing and electrical upgrades done for the upper levels. With recently renovated apartments, plenty of off-street parking and easy access to downtown amenities this building has fantastic income potential! Showings begin 5/25/23.

Home Facts

Multi-Family

Built in 1900

Price Summary

415,000

$47 per Sq. Ft.

MLS #:

4953789

Sold:

February 1, 2024


Rooms & Interior

Interior

Living Area:

8,685 Sq. Ft.


Structure

Structure

Building Area:

9,335 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$415,000

Price per Sq. Ft:

$47 per Sq. Ft.

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