OFF MARKET

Listed by Mike Kalil • Watson Realty & Associates. Bought with Watson Realty & Associates.

Off Market Sep 2021 for $650K

—

•

— ba

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12,232

sq ft

10 Chalet Hts, Mendon, VT 05701

About this home

This prime investment property consists of a total of 13 rental units. 1 commercial unit leased to the Day Care center , 8 two bedroom, 1 one bedroom and 3 studio apts. All units are in good condition, and are in compliance with VT state fire code. All units are modern with amenities such as fireplaces, washer dryer hook ups, dishwashers and beautiful views. Most tenants are long term professional working people who take pride in where they live. This is an extremely easy to manage property. Consisting of more than 10 acres, it easily lends itself to additional uses and expansion, prime rt 4 frontage for commercial use, and various sites to build more apts on. Property is serviced by two wells, each classified as small scale non community. The new well has an output of 110 gpm and will easily support more units. This property is a cash cow. Cap rate more than 12% NOI is over $80K

Multi-familyProperty Type

1965Year Built

10.1 acresLot Size

$53Price/Sq.Ft.

Listed by Mike Kalil • Watson Realty & Associates

Bought with Mike Kalil • Watson Realty & Associates

Redfin checked: a few seconds ago

•Source:PrimeMLS #4860313

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 05701, VT

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.5%

+0.7% MoM

Median sale price

$337K

$58K MoM

Avg. days on market

55d

20 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 9 HRS AGO
$750,000
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OPEN TODAY, 3PM TO 4PM
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5 beds2 baths2,220 sq ft
261 McKinley Ave, Rutland, VT 05701
$300,000
4 beds4 baths2,326 sq ft
52 S Main St, Rutland, VT 05701
VIDEO TOUR
$249,000
3 beds1 bath925 sq ft
39 Williams St, Rutland, VT 05701
3D & VIDEO TOUR
$405,000
4 beds2.5 baths2,920 sq ft
1213 US Route 7, Rutland, VT 05701
$360,000
3 beds2 baths1,744 sq ft
314 McKinley Ave, Rutland, VT 05701
$555,000
5 beds5 baths3,296 sq ft
92 Center St, Rutland, VT 05701
$265,000
4 beds2 baths3,821 sq ft
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$315,000
3 beds1 bath1,344 sq ft
135 Harrington Ave, Rutland, VT 05701
See all

Provided by Redfin

Sale history for 10 Chalet Hts

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

—

Year renovated

—

Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Rutland County

APN

384-119-12530

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

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Last updated by owner on May 12, 2021.

VILLAGE

Village District

This area of western Mendon is the most intensively developed part of town and contains several historic buildings. The existing land use is a mixture of residential, commercial, agricultural, and public uses. The intent of the regulations for this district is to continue a mixed-use, relatively high-density area, and to prevent traffic and parking problems from intensifying, by encouraging combined access and other measures.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units

Property details

Interior

Virtual Tour

Basement Information
Basement: Yes
Basement Access: Walk-up

Multi-Unit Information
Total Units: 13
# of 1 Bedroom Units: 4
# of 2 Bedroom Units: 8
Water: Drilled Well
Sewer: Septic
Electric: 100 Amp, Circuit Breaker(s)
Construction: Wood Frame
Foundation: Concrete
Exterior: Wood
Roof: Metal, Shingle - Asphalt
Driveway: Gravel
Heating: Baseboard, Hot Air, Space Heater
Heat Fuel: Electric, Gas - Liquid Propane Bottle, Kerosene, Oil
Cooling: None
Water Heater: Electric, Off Boiler
Basement Description: Concrete

Exterior

Building Information
Construction Status: Existing
Approximate Sq. Ft. Total Finished: 12232
Approximate Sq. Ft. Total: 12532

Lot, Zoning, & Easement Information
Country Setting, Landscaped, Mountain View, Rental Complex, Secluded, View, Wooded

Income Information
Net Income: $87,075

Survey Information
Surveyed: Unknown

Other Property & Lot Information
Year Built: 1965

Financial

Tax Information
Tax Year: 2021
Gross Amount Tax: 10883
SPAN Number: 384-119-12530

Other Tax Information
Page Deed: 56-57

Utilities

Electric Information
Electric Company: Green Mountain Power

Other Utilities Information
Cable Company: Comcast
Fuel Company: Johnson Energy
DSL, High Speed Intrnt -Avail, Phone

Location

School Information
School District: Mendon School District
Elementary School: Barstow Memorial School
Elementary School: Barstow Memorial School
Middle/Jr School: Barstow Memorial School

Road Information
Road Frontage: Yes
Road Frontage Length: 300
Public

Public facts

Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Rutland County
APN: 384-119-12530

Home facts updated by county records on May 12, 2021

Other

Expense Information
Net Income: 87075
Operating Expenses Include: Heat, Insurance, Maintenance, Management, Snow, Trash, Utility, Water/Sewer

Around this home

Schools

Barstow Memorial School

Public PreK-8 • Assigned • 4.4mi

6/10

Otter Valley Uhsd #8

Public 7-12 • Assigned • 10.6mi

2/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

Flood Factor

We're working on getting current and accurate flood risk information for this home.

Fire Factor

We're working on getting current and accurate fire risk information for this home.

1/10 Heat Factor

5 hot days expected this year, 11 days in 30 years

Wind Factor

We're working on getting current and accurate wind risk information for this home.

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Mendon, VT • 05701

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.5 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

8.5 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 05701

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Home values near 10 Chalet Hts

Data from public records.

Address	Redfin Estimate
90 Stoney Meadows Ln, Mendon, VT 2 Beds \| 1.5 Baths \| 980 Sq. Ft.	$264,067

Address	Redfin Estimate

Address	Redfin Estimate

Property information provided by PrimeMLS when last listed in 2021. This data may not match . Learn more.

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