Property Listing No Longer Available for Sale

71 Allen St, Rutland, VT

Office for Sale - $429,500


Property Info

CIMLS#882211
Location
  71 Allen St
  Rutland VT 05701
UpdatedJune 19th, 2016
TypeOffice
Price$429,500

Property Description

5,300+ SF two level Office Condo Bldg with ample on-site parking, Allen Pond is an attractive office condo complex near the Rutland Regional Medical Center. Propane Hot Air Heat and Central AIR CONDITIONED. Financial details is projected using $12.00/sf, NNN, rent, 20.0% market vacancy rate, current $12,619 taxes, $13,368 Condo Charges (in 2013), $1,200 estimated insurance (condo charges include primary insurance cost), $6,492 (2010-2012) 3-year average propane consumption @ $2.40/gal and $5,072 3-year average (2010-2012) 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.


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