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326 Main St West Rutland, VT 05777

For Sale
$425,000

Six-unit multifamily property with high income potential.

Lot size:
0.48 Acres

Property Features for 326 Main St

General Information

Lot size
0.48 Acres

Building Details

Year built
1950

Source: Watson Realty & Associates Agent Mohammad Kalil

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Six-Unit Multifamily Investment Opportunity

This is a six-unit multifamily property presenting an investment opportunity. The property generates over $88,000 in gross annual income and over $58,000 in net annual income. The capitalization rate at the asking price exceeds 13.5%. This property is offered in conjunction with two adjacent properties owned by the same individual: a two-family residence and a single-family home.
Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Realty agency Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Auto Parts Store Pharmacy Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
West Rutland
County
Rutland
State
Vermont
Longitude
-73.0446822
Latitude
43.5935721

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property with high income potential.
Where is this apartment building located?
The property is located at 326 Main St West Rutland, VT.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: - High Net Operating Income: Generates over $58,000 net income per year.; - Excellent Cap Rate: CAP RATE is over 13.5% at the asking price.; - Substantial Gross Income: Produces over $88,000 in gross income per year.
More about this property
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