69 Allen StreetRutland City, VT 05701Price: $149,000

  • Price: $149,000
  • 262 Days on Market
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Federal 30-year interest rate: 6.89% last updated on Feb 6, 2025
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  • $149,000List Price
  • 1,645Square Feet

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Listed by Ray Ault of Ault Commercial Realty,Inc. (RayAultVt@g.mail.com)
Suite 5 is a Leased Investment Opportunity: a 1492 Sq. Ft. Medical Office Condo in Bldg 1, conveniently located just down the road from the Regional Hospital. 69 Allen Street Professional Office Condominium has recently had the bldg exteriors all re-painted, the roofs re-shingled, the grounds re-landscaped and the driveways and parking recently re-paved. Office has an air-lock entry with coat racks (ideal in winter), Large reception and waiting room, 2 storage closets, 3 exam rooms and two private offices (with exterior exit from larger private office). Although Appraised by the City at $92,400, this reflects the previous owner appealing the then City Appraisal of $154,000 down to its 2018 valuation. Under the current Lease with 5 years remanining in it term, Tenant has freshly painted the walls and installed new carpeting and vinyl floor coverings. So its price is quite competitive in todays market! Net Expenses estimated at $6.25/sf, plus ht & elect.

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