2 Jackson Avenue
Rutland, VT 05701
$369,000
Price
8
Beds
5
Baths
4,460 Sq. Ft.
$83 / Sq. Ft.
4,460
Sq. Ft.
$83
per Sq. Ft.
Description
A great two property investment opportunity! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $39,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated...A great two property investment opportunity! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $39,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated apartments, with newer appliances, flooring, doors, painting, and so much more. Both properties have newer roofs (2018) and newer boilers (2019) along with a newer oil tank (2019) at 2 Jackson Avenue. There's newer windows in both buildings replaced between 2018-2020. Gutters were added, and a deck replaced at 2 Jackson Ave. Only 3 blocks from White's Pool and Recreation Park. Only 4 minutes to RRMC or to Downtown shopping, dining and entertainment. Clean, well maintained, many upgrades, with little else to do but enjoy the income stream. Showings begin this Saturday 10/5/24 This opportunity won't last long!
- Listed by Mark Triller • Real Broker LLC
Property Details for 2 Jackson Avenue
Zoning
10
LISTING UPDATED: 10/12/2024 12:43 AM
Property Details for 2 Jackson Avenue
| Status | Active |
|---|---|
| MLS # | 5016830 |
| Days on Market | 21 |
| Taxes | $6,415 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family |
| Year Built | 1880 |
| Lot Size | 0.24 AC / 10,454 SF |
| County | Rutland County |
Building Information for 2 Jackson Avenue
Stories2Residences4Year Built1880Building Size-Lot Size0.24 AC / 10,454 SF
Property Information for 2 Jackson Avenue
Summary
Location and General Information
- City: Rutland City
- County: VT-Rutland
- Directions: Enter Driveway From 2 Jackson Ave. Sign in Front.
- Latitude: 43.602036922975465
- Longitude: -72.970719457672118
- Road Frontage: TBD
- Seasonal: No
- State: VT
- Street Designation: Avenue
- Zip Code: 05701
Taxes and HOA Information
- SPAN Number: 54017010700
- Tax Year: 25
- Taxes TBD: Unknown
School Information
- School - High: Rutland Senior High School
- School - District: Rutland City School District
- School - Elementary: Rutland Northeast Primary Sch
- School - Middle/Jr: Rutland Intermediate School
Parking
- Garage: No
- Driveway: Paved
Virtual Tour
- Property Panorama Virtual Tour: https://tour.neren.com/2-Jackson-Avenue-Rutland-City-VT-05701/unbranded
Property
Lot Information
- Lot - Sqft: 10454.0
- Lot Features: City Lot, Corner, Curbing, Sidewalks, Street Lights
- Lot Size Acres: 0.24
- Square Feet Apx Finished Above Grade: 4460.0
- Square Feet Apx Finished AG Source: Assessor
- Square Feet Apx Finished Below Grade: 0.0
- Square Feet Apx Finished BG Source: Estimated
- Square Feet Apx Total: 5762.0
- Square Feet Apx Total Finished: 4460.0
- Square Feet Apx Unfinished Above Grade: 0.0
- Square Feet Apx Unfinished AG Source: Estimated
- Square Feet Apx Unfinished Below Grade: 1302.0
- Square Feet Apx Unfinished BG Source: Assessor
Property and Assessments
- Assessment Amount: $165,600
- Assessment Year: 2023
- Property Class: Multi-Family
- Construction Status: Existing
- Easements: Unknown
- Flood Zone: No
- Foundation: Stone
- PreConstruction: No
- Surveyed: Unknown
- Year Built: 1880
Utilities
- Electric Company: GMP
- Fuel Company: Fox
- Electric: Circuit Breaker(s)
- Sewer: Public
- Water Source: Public
- Utilities: Cable
- Total Gas Meters: 0
- Total Electric Meters: 4
- Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
- Construction Materials: Wood Frame, Vinyl Siding
- Features - Exterior: Porch - Covered, Porch - Enclosed
- Roads: Public
- Roof: Shingle
- Total Ranges: 4
Interior Features
- Appliances: Water Heater – Electric, Water Heater – Separate
- Basement: Yes
- Basement Access Type: Interior
- Basement Description: Concrete Floor, Stairs - Exterior, Stairs - Interior
- Total Full Baths: 5
- Flooring: Carpet, Combination, Hardwood, Manufactured, Vinyl
- Heat Fuel: Oil
- Heating: Baseboard
- Cooling: None
- Total Refrigerators: 4
- Total Stories: 2
- Total Water Heaters: 4
Multi Family
Income & Expenses Information
- Gross Income: $52,560.00
- Net Income: $39,068.00
- Operating Expense Incl: Heat, Insurance, Maintenance, Sewer, Snow Removal, Trash, Utilities, Water/Sewer
- Operating Expense: $16,486
Multi-Family Information
- Total Units: 4
- Total 1 BR Units: 2
- Total 2 BR Units: 1
- Total 3+ BR Units: 1
- Total Heat Units: 2
Unit Information
Unit 1
- Unit 1 Baths: 1
- Unit 1 Bedrooms: 1
- Unit 1 Lease Term: Annual
- Unit 1 Level Number: 1
- Unit 1 Rental Amt Freq: Monthly
- Unit 1 Status: Leased
- Unit 1 Rental Amount: $975.00
- Unit 1 Tenant Pays: Electric, Internet Service
- Unit 1 Info: Appliances Included, CO Detector, Heat Included, Smoke Detector
Unit 2
- Unit 2 Lease Term: Annual
- Unit 2 Baths: 1
- Unit 2 Status: Leased
- Unit 2 Level Number: 1
- Unit 2 Rental Amt Freq: Monthly
- Unit 2 Bedrooms: 1
- Unit 2 Rental Amount: $1,000.00
- Unit 2 Info: Appliances Included, CO Detector, Heat Included, Porch, Smoke Detector
- Unit 2 Tenant Pays: Electric, Internet Service
Unit 3
- Unit 3 Lease Term: Annual
- Unit 3 Baths: 1
- Unit 3 Level Number: 2
- Unit 3 Rental Amt Freq: Monthly
- Unit 3 Status: Leased
- Unit 3 Bedrooms: 2
- Unit 3 Rental Amount: $1,050.00
- Unit 3 Info: Appliances Included, CO Detector, Heat Included, Porch, Smoke Detector
- Unit 3 Tenant Pays: Electric, Internet Service
Unit 4
- Unit 4 Lease Term: Annual
- Unit 4 Level Number: Single Fam
- Unit 4 Rental Amt Freq: Monthly
- Unit 4 Baths: 2
- Unit 4 Bedrooms: 4
- Unit 4 Status: Leased
- Unit 4 Rental Amount: $1,355.00
- Unit 4 Info: Appliances Included, CO Detector, Range - Electric, Refrigerator, Separate, Smoke Detector, Water Heater
- Unit 4 Tenant Pays: Electric, Heat, Hot Water, Internet Service, Sewer, TV Service, Water
Rental
Rent Information
- Total Leases: 4
Property History for 2 Jackson Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2 Jackson Avenue
Taxable ValueLand$45,000Additions$120,600Total$165,600
Home Facts
Beds0Lot Size10,454 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 10700
Schools near 2 Jackson Avenue
This home is within Rutland City School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 3 to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 2 |
Rating | School | Distance |
|---|---|---|
Rutland Intermediate School Public3 to 6 | ||
Rutland Middle School Public7 to 8 | ||
Rutland Senior High School Public9 to 12 | ||
Rutland Northeast Primary School PublicPK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Real Broker LLC
Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. 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 10/22/2024 09:45 AM
