Rutland City, VT 05701,71 Allen ST
Listed by Ray Ault • Ault Commercial Realty, Inc.
Bought with Ray Ault • Ault Commercial Realty, Inc.
$385,000
$395,000
2.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,382 SqFt

71 Allen ST Rutland City, VT 05701

Est. payment /mo
SOLD DATE : 09/29/2016

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $385,000

Property Type Commercial

Sub Type Investment,Office

Listing Status Sold

Purchase Type For Sale

Square Footage 5,382 sqft

Price per Sqft $71

MLS Listing ID 4389634

Sold Date 09/29/16

Construction Status Existing

Year Built 1986

Annual Tax Amount $12,582

Tax Year 2016

Property Sub-Type Investment,Office

Property Description

5,300+ SF 2-story Office Condo Bldg with ample on-site parking, attractive atrium reception and center core of main floor. 11 individual offices, large conference room with generous windows onto Allen Pond, kitchenette, file room, IT room, 3 restrooms & 1 shower. Allen Pond is an attractive office condominium complex near the Rutland Regional Medical Center. Financial information is projected using $10.00/sf, NNN, rent, 20.0% market vacancy rate. Net Expenses currently run $5.09/sf, plus heat and electricity. Recent expenses: $12,583 taxes, $13,588 Condo Fees (in 2015), $1,200 estimated insurance, $6,036 (2015) propane consumption @ $2.40/gal and $4,014 last full yr of occupied electric expense. Income and Expense projections are NOT GUARANTEED. Prospective buyers and tenants must rely solely upon their own Due Diligence review of historical expenses of subject property and their own survey of actual Market Rents and vacancy rates before buying or leasing subject property.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning POP

Interior

Heating Gas - LP/Bottle

Cooling Central AC, Multi Zone

Exterior

Exterior Feature Wood Siding

Roof Type Shingle - Asphalt

Building

Foundation Poured Concrete, Slab - Concrete

Sewer Public

Water Public

Construction Status Existing

Read Less


PrimeMLS

GET MORE INFORMATION

agent

Billy Abildgaard

Broker | License ID: 9571935

+1(617) 315-0404

Name
Phone*
Message