Listed by Mike Kalil • Watson Realty & Associates. Bought with Watson Realty & Associates.
Off market may 2025 for $396K
—
Est. refi paymentEst. refi$2,577/mo
—
bd
•
— ba
•
4,500
sq ft
106 Library Ave, Rutland, VT 05701
About this home
Great investment property, total pro fuma revenues are $89580, it produces over $66k a year, cap rate at asking price is over 16%. this was part of a 60 units package 13 buildings which was listed in January , 16 th, 25 and went under deposit the following week , we are closing on in different times per financing commitments .
Multi-familyProperty Type
1988Year Built
8,276 sq ftLot Size
$88Price/Sq.Ft.
Listed by Mike Kalil• Watson Realty & Associates
Bought with Mike Kalil• Watson Realty & Associates
CLEAN INVESTMENT PROPERTY, MODEERN UNITS BUILT IN 1988, EXCELLENT RENTAL HISTORY
PrimeMLS #3081290
Feb 28, 2003
Sold
$240,000
$53/sq ft
Nov 21, 2002
Listed
$239,500
$53/sq ft
There`s nothing like this 6 family on the market. 1988 construction. Gross yearly income=$40,800 Net income= approx. $24,000 yearly. Shows like new. Coin operated laundry.
Year
Property tax
Land + Additions
Assessment*
2025
$4,573 (+3.8%)
$73,400 + $163,900
$237,300
2024
$4,407 (+10.7%)
$73,400 + $163,900
$237,300
2023
$3,982 (−51.4%)
$73,400 + $163,900
$237,300
2022
$8,194 (−1.2%)
$73,400 + $163,900
$237,300
2021
$8,297 (+0.9%)
$73,400 + $163,900
$237,300
2020
$8,223 (+2.5%)
$73,400 + $163,900
$237,300
2019
$8,020 (−0.1%)
$73,400 + $163,900
$237,300
2018
$8,032 (+7.4%)
$73,400 + $163,900
$237,300
2017
$7,477 (+0.3%)
$73,400 + $163,900
$237,300
2016
$7,454 (−0.3%)
$73,400 + $163,900
$237,300
2015
$7,479
$73,400 + $163,900
$237,300
Tax history for 106 Library Ave
Year
Property tax
Land + Additions
Assessment*
2025
$4,573 (+3.8%)
$73,400 + $163,900
$237,300
2024
$4,407 (+10.7%)
$73,400 + $163,900
$237,300
2023
$3,982 (−51.4%)
$73,400 + $163,900
$237,300
2022
$8,194 (−1.2%)
$73,400 + $163,900
$237,300
2021
$8,297 (+0.9%)
$73,400 + $163,900
$237,300
2020
$8,223 (+2.5%)
$73,400 + $163,900
$237,300
2019
$8,020 (−0.1%)
$73,400 + $163,900
$237,300
2018
$8,032 (+7.4%)
$73,400 + $163,900
$237,300
2017
$7,477 (+0.3%)
$73,400 + $163,900
$237,300
2016
$7,454 (−0.3%)
$73,400 + $163,900
$237,300
2015
$7,479
$73,400 + $163,900
$237,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
11
Baths
6
Stories
2
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
4,704
Year built
1988
Style
Condo/Co-op
County
Rutland County
APN
54017017610
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 23, 2026.
Property details
Interior
Basement Information
Basement: Yes
Basement Access: Walkout
Exterior
Building Information
Architectural Style: Multi-Family
Construction Status: Existing
Construction Materials: Wood Frame, Vinyl Siding
Approximate Sq. Ft. Total Finished: 4500
Approximate Sq. Ft. Total: 4500
Lot, Zoning, & Easement Information
Lot Features: City Lot
Survey Information
Surveyed: Unknown
Other Property & Lot Information
Year Built: 1988
Financial
Tax Information
Tax Year: 2025
Gross Amount Tax: 9193
SPAN Number: 540-170-17610
Other Tax Information
Page Deed: 161
Utilities
Water Information
Water Source: Public
Other Utilities Information
Internet: High Speed Intrnt -Avail
Cable - Available, Telephone Available
Location
Multi-Unit Information
Total Units: 6
# of 1 Bedroom Units: 1
# of 2 Bedroom Units: 5
Sewer: Public
Electric: Circuit Breaker(s)
Foundation: Concrete
Roof: Metal
Driveway: Gravel
Heating: Oil, Baseboard, Hot Water
Cooling: None
Basement Description: Apartments
Road Information
Road Frontage Type: Paved, Public
Road Frontage: Yes
Road Frontage Length: 60
Public facts
Beds: 11
Baths: 6.0
Sq. Ft.: 4,704
Stories: 2.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1988
Year Renovated: —
County: Rutland County
APN: 54017017610
Home facts updated by county records on Oct 23, 2026
Around this home
Schools
K - 12
Preschool & daycare
Rutland Intermediate School
Public 3-6 • Assigned • 0.2mi
4/10
Rutland Middle School
Public 7-8 • Assigned • 0.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 93° expected this year, 17 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Rutland, VT • 05701
Average low and high temperatures (°F)
26
13
30
10
46
25
57
36
63
46
76
56
80
60
78
54
73
48
59
38
45
30
31
17
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
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