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Listed by Hughes Group Team of Casella Real Estate
Here is a well maintained 3 unit property on the corner of Plain and Granger St in Rutland City. The first floor has two 1 bedroom units with great tenants who have been there for years. The entire second floor makes up the third unit, which has 3 nice size bedrooms, a large living room, and a dining area. Apartments of this size are hard to come by. Additional features are the 2 car garage with an attached carport and shed providing great storage, laundry hookups, and a private porch for each unit. Monthly rental income has not been increased in years, so there is room for this property to produce more income. The property has a CAP rate of just below 10%. This is a great investment opportunity or the large upstairs apartment would be perfect as an owner occupied unit. Showings to begin on 05/19/2021.

Property Details of 87 Plain Street

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 17, 2021.

 

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