A GREAT TWO PROPERTY INVESTMENT OPPORTUNITY! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $39,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated apartments, with newer appliances, flooring, doors, painting, and so much more. Both properties have newer roofs (2018) and newer boilers (2019) along with a newer oil tank (2019) at 2 Jackson Avenue. There's newer windows in both buildings replaced between 2018-2020. Gutters were added, and a deck replaced at 2 Jackson Ave. Only 3 blocks from White's Pool and Recreation Park. Only 4 minutes to RRMC or to Downtown shopping, dining and entertainment. Clean, well maintained, many upgrades, with little else to do but enjoy the income stream. Showings begin this Saturday 10/5/24 This opportunity won't last long!
Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 9:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,909
Per Month
Principal & Interest
$1,842
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,173
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Rutland Intermediate School
63-65 Library Avenue
Distance between this listing and this school1.13 miles
Public District Grades 3-6
3
/10
Clarendon Elementary School
84 Grange Hall Rd
Distance between this listing and this school2.79 miles
Public District Grades PK-6
2
/10
Proctor Elementary School
14 School St
Distance between this listing and this school5.59 miles
Public District Grades PK-6
Nearby Schools
2
/10
Rutland Middle School
67 Library Ave
Distance between this listing and this school1.17 miles
Public District Grades 7-8
4
/10
Rutland Town Elementary School
1612 Post Rd
Distance between this listing and this school2.43 miles
Public District Grades PK-8
6
/10
Barstow Memorial School
223 Chittenden Rd
Distance between this listing and this school6.76 miles
Public District Grades PK-8
Nearby Schools
6
/10
Rutland High School
22 Stratton Rd
Distance between this listing and this school1.05 miles
Public District Grades 9-12
3
/10
Mill River Union High School
2321 Middle Rd
Distance between this listing and this school3.93 miles
Public District Grades 7-12
3
/10
West Rutland School
713 Main St
Distance between this listing and this school4.53 miles
The neighbors living near this home have an average income of $54,167. Typical income of Rutland, VT residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2 Jackson Ave
What is the listing price of this property?
The listing price of 2 Jackson Ave property is $369,000.
What type of property is this?
The property 2 Jackson Ave is land located in Rutland City, Vermont, 05701.
Is this property for sale now?
Active Listing: 2 Jackson Ave is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2 Jackson Ave in Rutland City, VT and zip code 05701. This 4,460 square foot home, which was built in 1880, sits on a 0.24 acre lot. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $369,000.
Between September 2024 and October 2024, Rutland, VT real estate market has seen increase in the number of listings by 61.9%. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $280,500.
From Rocket Homes Real Estate and based on county public records data.