West Rutland VT Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
1,872
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1900
Baths:
2.00
MLS#:
5012609

ADDITIONAL INFORMATION

What a great investment opportunity! Well maintain two family home in a nice small neighbor in West Rutland. Both units have two bedrooms, living room, dinning room and larger kitchen with one bathroom. Great rental history.

Type:
Multi-Family
Sq.Ft.:
3,535
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1900
Baths:
4.00
MLS#:
4989348

ADDITIONAL INFORMATION

Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067



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West Rutland Real Estate

The median home value in West Rutland, VT is $222,000. This is lower than the county median home value of $268,600. The national median home value is $338,100. The average price of homes sold in West Rutland, VT is $222,000. Approximately 72.74% of West Rutland homes are owned, compared to 23.11% rented, while 4.15% are vacant. West Rutland 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 West Rutland real estate agent to arrange a tour today!

West Rutland, Vermont has a population of 2,229. West Rutland is less family-centric than the surrounding county with 16.13% of the households containing married families with children. The county average for households married with children is 22.91%.

The median household income in West Rutland, Vermont is $50,909. The median household income for the surrounding county is $59,751 compared to the national median of $69,021. The median age of people living in West Rutland is 47.5 years.

West Rutland Weather

The average high temperature in July is 80.3 degrees, with an average low temperature in January of 7.2 degrees. The average rainfall is approximately 43.1 inches per year, with 77.6 inches of snow per year.

West Rutland Real Estate Market Conditions

  • Median sales price

    $222,000
    19.1% change since last quarter
  • # Active listings

    12
    30-day change

West Rutland Schools and Demographics

Education near West Rutland, VT

Metric City County
High School Graduates 92.83 93.73
College Degree - 2 year 16.99 9.67
College Degree - 4 year 29.63 32.07
Graduate Degree 6.64 9.04
Expenditures per Student 22,768 22,768
Students per Teacher 12.5 12.5

Elementary Schools near West Rutland, VT

School Grades Students P/T Ratio ZIP
Clarendon Elementary School PK - 06 175 9.4 05759
Middletown Springs Elementary School PK - 06 75 10.7 05757
Poultney Elementary School PK - 06 234 12.3 05764
Proctor Elementary School PK - 06 148 6.7 05765

High Schools near West Rutland, VT

School Grades Students P/T Ratio ZIP
Mill River USD #40 07 - 12 492 11.3 05759
Poultney High School 07 - 12 209 8.4 05764
Proctor Junior/Senior High School 07 - 12 134 9.6 05765

Ungraded Schools near West Rutland, VT

School Grades Students P/T Ratio ZIP
West Rutland School PK - 12 352 9.4 05777

Demographics near West Rutland, VT

Metric City County
Neighborhood Type Small town
Population 2,229 60,662
Population Density 124 65
Median Age 47.5 47.2
People per Household 2.2 2.3
Median Household Income 50,909 59,751
Average Income per Capita 31,061 33,493