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Duplex with Detached Garages

41 Anderson Street, West Rutland, VT 05777

For Sale
$300,000

Separate utilities serve both residences, with additional storage and work areas in the detached garages.

Property Size2,502 SF
Price / SF$119.90
Days on Market8

Property Features for 41 Anderson Street

General Information

Standard status Active
Size 2,502 SF
Total Parking Spaces 3
Property subtype Multi-family

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/1.5BA, 1 x 3BR/1BA + den
Multifamily Units 2
Individually Metered Utilities unspecified utilities

Amenities

shared enclosed front porch
woodshed
walk-up attic storage
full basement
separate laundry
workbench

Building Details

Year Built 1924
Buildings 1
Listing Agency: Four Seasons Sotheby's Int'l Realty
Listed By: Karen Heath · License VT #8630
Source: Greenlight-realestate
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 10 at 7:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Four Seasons Sotheby's Int'l Realty

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Investment Insights

Based on property information with market context.

This 2,502-square-foot duplex at 41 Anderson Street has two side-by-side residences, each with three bedrooms. One unit has 1.5 baths, while the other has one bath and a separate office or den. Separate utilities serve each side. The property also includes a full basement with laundry, walk-up attic storage, a shared enclosed porch, and detached two-car and one-car garages. The two boilers date to 2020 and 2015; the oil tanks and hot water heaters were replaced in 2020. Other updates include the roof, windows, wiring, flooring, and paint.

The property occupies nearly half an acre in West Rutland. Grocery stores, eateries, a library, and a dog park are nearby, with Route 4 providing regional access.

Key Highlights

  • Two side‑by‑side residences, each with 3 bedrooms
  • One unit has 1.5 baths; the other has 1 bath and a separate office or den
  • 2,502 square feet on nearly half an acre

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,710
Cap Rate
7.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,200 $474.2K
Cap Rate 7%
$338,714 $338.7K
Cap Rate 9%
$263,444 $263.4K
Market Conditions
NOI Build-Up for 2,502 SF
Gross rent
$34.5K $13.80/SF
− Vacancy
−$656 −$0.26/SF
EGI
$33.9K $13.54/SF
− OpEx
−$10.2K −$4.06/SF
NOI
$23.7K $9.48/SF
Area
Rutland County, VT
Vacancy
1.90%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$474,200
Cap Rate 7%
$338,714
Cap Rate 9%
$263,444

Alternative Uses

Best Use
Multifamily LT 5
$338.7K
$296.4K – $395.2K (±1% cap)
NOI $23,710 @ 7.0% cap · market cap 7.90%
Second Best
Apartment 5plus
$312.1K
$273.1K – $364.1K (±1% cap)
NOI $21,847 @ 7.0% cap · market cap 7.28%
Theoretical Best
Healthcare Medical
$435.6K
$381.2K – $508.2K (±1% cap)
NOI $30,494 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 05777, VT

3,100
Population
1,530
Households
2
Avg Household Size
46
Median Age
37%
College-Educated
94%
High-School Grad
44.5 sq mi
ZIP Area
70
Density / Sq Mi
$60,821
Median Household Income
$44,474
Median Earnings
$1,085
Median Rent
$193,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Rutland County, VT

$152 Jul
$140 Aug
$117 Sep
$116 Oct

Properties on Market for Duplexes in Rutland County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities serve both residences, with additional storage and work areas in the detached garages.
Where is this duplex located?
The property is located at 41 Anderson Street West Rutland, VT.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two side‑by‑side residences, each with 3 bedrooms; One unit has 1.5 baths; the other has 1 bath and a separate office or den; 2,502 square feet on nearly half an acre
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