List Price: $595,000 | $125 per sq.ft. Multi Family A 5 Unit Multi Family Home
With 1 One Bedroom Units , 4 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Tuesday Apr 15, 2025 | MLS# 5036399



Address: 100-102 Gibson Avenue Rutland City VT
Listed by Max Walker Watson Realty & Associates
Description:
Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on Saturday (4/19).
Annual Expenses

Taxes: $9,810
Income

UNIT 1 INFORMATION

Beds: 2
Baths: 5
Rooms: 0
Rent : 1475.00 Monthly

UNIT 2 INFORMATION

Beds: 2
Baths: 0
Rooms: 0
Rent : 1475.00 Monthly

UNIT 3 INFORMATION

Beds: 2
Baths: 0
Rent : 1475.00 Monthly

UNIT 4 INFORMATION

Beds: 2
Baths: 0
Rent : 1100.00 Monthly

UNIT 5 INFORMATION

Beds: 1
Baths: 0
Rooms: 0
Rent : 1100.00 Monthly

Construction: Wood Frame | Wood Exterior
Year Built: 1884
Style: Apartment Building
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 7876
Above Grade Sq.Ft.: 4774
Basement: Concrete Floor | Unfinished
Foundation: Fieldstone
Roof: Slate
Seasonal: No
Heating: Oil | Baseboard
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.9 acres
Zoned: residential)
Surveyed: Unk
Flood Zone: Unknown
Driveway: Gravel
Additional Information
Taxes $9,810
Assesed Value Not Reported
Schools
School District: Rutland City School District

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