Closed

Listed by: Watson Realty & Associates • Mike Kalil

Bought with: Watson Realty & Associates

$396,000

106 Library Avenue, Rutland City, VT 05701

--beds

--baths

4,500sqft

Multi Family

Built in 1988

-- sqft lot

$-- Zestimate^®

$88/sqft

$2,099 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,099/mo

Zestimate^® history

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$2,816/mo

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$2,816/mo

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What's special

Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%. this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .

Facts & features

Interior

Heating

Oil, Baseboard, Hot Water

Cooling

None

Features

Basement: Walk-Out Access

Interior area

Total structure area: 4,500
Total interior livable area: 4,500 sqft
Finished area above ground: 4,500
Finished area below ground: 0

Property

Parking

Parking features: Gravel

Features

Levels: 3
Frontage length: Road frontage: 60

Lot

Size: 8,276 Square Feet
Features: City Lot

Details

Parcel number: 54017017610
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood Frame, Vinyl Siding
Foundation: Concrete
Roof: Metal

Condition

New construction: No
Year built: 1988

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Phone Available

Community & HOA

Location

Region: Rutland

Financial & listing details

Price per square foot: $88/sqft
Tax assessed value: $237,300
Annual tax amount: $9,193
Date on market: 5/19/2025
Road surface type: Paved

Price history

Date	Event	Price
5/19/2025	Sold	$396,000-26.7%$88/sqft
Source: PrimeMLS #5041822 Report a problem
6/28/2024	Listing removed	--
Source: PrimeMLS #4988183 Report a problem
3/15/2024	Listed for sale	$540,000$120/sqft
Source: PrimeMLS #4988183 Report a problem
3/14/2024	Listing removed	--
Source: PrimeMLS #4980961 Report a problem
12/29/2023	Listed for sale	$540,000+131.8%$120/sqft
Source: PrimeMLS #4980961 Report a problem
11/1/2022	Sold	$233,000-2.9%$52/sqft
Source: Public Record Report a problem
3/31/2003	Sold	$240,000-7.3%$53/sqft
Source: Public Record Report a problem
11/2/1988	Sold	$259,000+1338.9%$58/sqft
Source: Public Record Report a problem
10/19/1987	Sold	$18,000$4/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$237,300
2023	--	$237,300
2022	--	$237,300
2021	--	$237,300
2020	--	$237,300
2019	--	$237,300
2018	--	$237,300
2017	--	$237,300
2016	--	$237,300 +9900%
2015	--	$2,373
2014	--	$2,373
2013	--	$2,373
2012	--	$2,373
2011	--	$2,373
2010	--	$2,373
2009	--	$2,373
2008	--	$2,373
2007	--	$2,373