Vermont and New Hampshire Real Estate

Vermont and New Hampshire Real Estate


71 Allen Rutland City, VT 05701

$395,000

MLS# 4389634

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Ray Ault

Listed by Ault Commercial Realty, Inc.

About this property

5,300+ SF 2-story Office Condo Bldg with ample on-site parking, attractive atrium reception and center core of main floor. 11 individual offices, large conference room with generous windows onto Allen Pond, kitchenette, file room, IT room, 3 restrooms & 1 shower. Allen Pond is an attractive office condominium complex near the Rutland Regional Medical Center. Financial information is projected using $10.00/sf, NNN, rent, 20.0% market vacancy rate. Net Expenses currently run $5.09/sf, plus heat and electricity. Recent expenses: $12,583 taxes, $13,588 Condo Fees (in 2015), $1,200 estimated insurance, $6,036 (2015) propane consumption @ $2.40/gal and $4,014 last full yr of occupied 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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Delayed Showing: Unknown

 

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