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Listed by Flex Realty Group of Flex Realty
Investors, don't miss this motivated seller's offer! Schedule a viewing today to discover a remarkable building that could become the crown jewel of your portfolio. Here are some key financial highlights- Annual income $51,600, Rental income $4,200 per month, Annual net income of $45,480 cash on cash at listed price, Annual return if owner occupying with 10% down is approximately $11,000 at current rates. Also, it looks like rates are scheduled to drop soon!! With a stable rental history and reliable tenants, this property promises consistent income. It's well-maintained, ensuring low maintenance costs and minimal effort. Consider the potential for even higher returns when interest rates adjust, allowing for a lucrative refinance opportunity. Whether you're seeking an addition to your investment portfolio or a property for owner occupancy, this building offers exceptional value. Contact your local agent today to schedule a viewing and secure this prime investment opportunity!

Rutland City, VT Demographics

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Rutland City, VT Schools

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Property Details of 52 East Street

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Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. 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 11, 2024 9:25 AM EDT

 

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