- $1,360,000
- MLS#: 5038540
- 20
- # of Units
- 2,000
- Total Sq. Feet
- 0.15
- Acres
- $4,215
- Taxes
1 of 1
General Property Information
- Price:
- $1,360,000
- County:
- VT-Rutland
- Acres:
- 0.15
- Property Type:
- Multi-Family
- Property Status:
- Under Contract
- # of Units:
- 20
- Agency/Brokerage:
- Mike Kalil
Watson Realty & Associates
Great opportunity for investors, A package of 20 rental units , Consists of 8 multifamily buildings, all in Rutland City in close proximity to each other,All units will be transferred with certificates of occupancies, Great rental history, This property produces over $334,380 in gross rent in total revenues, The net cap rate is over 15% , The net income is over $214k per year, Not including management fee or vacancy rates, and this numbers are pro-fourma, assuming all units are rented. The current owner has owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency.
Features
- Property Type:
- Multi-Family
- # of Units:20
- Subdivision Name:
- Year Built:
- 1975
- Parking:
- Road Frontage:
- 44
- Acres:0.15
- Gross Income:
- 0
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 2000
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2000
- Land Description:City Lot
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 2
- #Rooms:
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Unit 3
- #Rooms:
- #Bedrooms:
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- Sq. Ft.:
- 0
- Floor:
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- Monthly Rent:
- 0.00
Unit 4
- #Rooms:
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- Sq. Ft.:
- Floor:
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- Monthly Rent:
- 0.00
Unit 5
- #Rooms:
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- Floor:
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- Monthly Rent:
- 0.00
Unit 6
- #Rooms:
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- Floor:
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- Monthly Rent:
- 0.00
Unit 7
- #Rooms:
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- Sq. Ft.:
- 0
- Floor:
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- Monthly Rent:
- 0.00
Unit 8
- #Rooms:
- 0
- #Bedrooms:
- 0
- #Baths:
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 0.00
Other Information
- List Date:
- 2025-04-30
- Last Updated:
