Rutland Town VT Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- 3,964
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1890
- Baths:
- MLS#:
- 5007582
ADDITIONAL INFORMATION
Investment Opportunity! Discover this charming multifamily property, a rare gem with fantastic potential in the thriving Rutland area. This property boasts multiple units, each offering a unique opportunity to renovate or update to your specifications, allowing you to truly make it your own. Whether you're looking to flip the units for a quick profit or upgrade them to increase long-term rental income, the possibilities are endless. The existing layout is functional and appealing, making it easy to keep the current tenants and enjoy steady rental income without immediate renovations. The property's location is ideal, situated in a high-demand rental market with a strong potential for future appreciation. Plus, Rutland Town taxes may provide additional savings, enhancing the overall investment appeal. This is a versatile investment that caters to various strategies, whether you're an experienced investor or just starting out. Don't miss out on this opportunityâ??more photos available upon inquiry. All units have tenants in place.
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Rutland Town Real Estate
The median home value in Rutland Town, VT is $330,000. This is higher than the county median home value of $161,900. The national median home value is $219,700. The average price of homes sold in Rutland Town, VT is $330,000. Approximately 69.07% of Rutland Town homes are owned, compared to 28.48% rented, while 2.45% are vacant. Rutland Town real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rutland Town real estate agent to arrange a tour today!
Rutland Town, Vermont has a population of 4,043. Rutland Town is more family-centric than the surrounding county with 26.9% of the households containing married families with children. The county average for households married with children is 23.69%.
The median household income in Rutland Town, Vermont is $57,255. The median household income for the surrounding county is $52,635 compared to the national median of $57,652. The median age of people living in Rutland Town is 52 years.
Rutland Town Weather
The average high temperature in July is 80.2 degrees, with an average low temperature in January of 7.9 degrees. The average rainfall is approximately 44.4 inches per year, with 72.9 inches of snow per year.