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78 Traverse PlaceRutland City, VT 05701Price: $440,000

  • Price: $440,000
  • Est. Mortgage of $/month
  • 66 Days on Market
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$
%
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Federal 30-year interest rate: 7.02% last updated on May 16, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $440,000List Price
  • 0.12Acreage
  • 3,560Square Feet
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Listed by Betsy Adamovich of Real Broker LLC
RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate-a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display 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 May 19, 2024 3:53 PM EDT

 

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