Closed

Listed by: Franzoni Real Estate Company

Bought with: Franzoni Real Estate Company

$167,500

11 & 11 1/2 Lincoln Avenue, Rutland City, VT 05701

7beds

4,241sqft

Multi Family

Built in 1900

-- sqft lot

$327,700 Zestimate^®

$39/sqft

$2,113 Estimated rent

Home value

$327,700

$272,000 - $393,000

$2,113/mo

Zestimate^® history

Owner options

List your home for rent

$2,113/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,113/mo

Rent Zestimate^®

Refinance and save

$968/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$968/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

North side roof

New Owner Welcome ! This 5-unit property was purchased in July 1982 and has been kept-up by the current owner who is carefully preparing to step away. This property is priced to sell and is being sold As-Is. Rents are currently very low resulting in a negative NOI today, all clearly detailed in the Seller's financial ledger page. There is good opportunity here to turn things around. Two units are vacant and can be easily shown, the remaining 3 units will need a thorough cleaning and renovations, requiring a 48-hour notice to tenants to show. The front building, north side roof, is near needing to be re-shingled; as you begin to lay out your top priorities here. LOCATION is less than half mile to the Marble Valley Transit District to head up to Killington, Middlebury, etc., or to simply get around town. Close to Amtrak local grocers retail restaurants parks library theater arts... ...it is simply a great location, when you stop to think about just how very much is so close by.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6
Full bathrooms: 5

Heating

Oil, Baseboard, Hot Water

Cooling

Other

Appliances

Included: Electric Water Heater, Water Heater off Boiler, Owned Water Heater

Features

Flooring: Carpet, Hardwood, Laminate
Basement: Concrete Floor,Dirt Floor,Unfinished,Interior Access,Interior Entry

Interior area

Total structure area: 7,001
Total interior livable area: 4,241 sqft
Finished area above ground: 4,241
Finished area below ground: 0

Property

Parking

Parking features: Dirt, Driveway, On Site, On Street, Unassigned
Has uncovered spaces: Yes

Features

Levels: Two
Patio & porch: Covered Porch
Exterior features: Deck
Frontage length: Road frontage: 60

Lot

Size: 0.27 Acres
Features: City Lot, Sloped, In Town, Near Shopping

Details

Zoning description: RESD 1

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Multi Family

Materials

Wood Frame, Asbestos Exterior, Clapboard Exterior
Foundation: Brick, Stone
Roof: Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Electric: 100 Amp Service, Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Fiber Optic Internt Avail

Community & neighborhood

Location

Region: Rutland

Price history

Date	Event	Price
10/5/2023	Sold	$167,500$39/sqft
Source: PrimeMLS #4956623 Report a problem
8/18/2023	Contingent	$167,500$39/sqft
Source: PrimeMLS #4956623 Report a problem
6/10/2023	Listed for sale	$167,500$39/sqft
Source: PrimeMLS #4956623 Report a problem