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General Property Information
- Price:
- $225,000
- County:
- VT-Rutland
- Acres:
- 0.26
- Property Type:
- Multi-Family
- Property Status:
- Under Contract
- # of Units:
- 4
- Agency/Brokerage:
- Mark Triller
Real Broker LLC
A Four Unit Investment Property. This reasonably well-maintained four-unit property offers two 2 bedroom and two 1 bedroom units, making it appealing to both renters and owner-occupants. This is a “turnkey” rental property, ready to generate income immediately. Located within Rutland City, near downtown shops, schools, parks, and public transportation, this property benefits from strong rental demand. Being only 20 minutes from Killington/Pico Ski Resort, makes this property attractive for both long-term tenants and seasonal workers. Recent renovations include: new roof (2024 ) vinyl windows, fresh paint, flooring, wiring, lighting, and washer and dryer hookups. This property’s attractive updates should improve tenant retention. As an owner-occupied property, live in one unit and let the other units pay your mortgage, which is great for owners looking to offset living expenses while gaining equity. With a dry basement, deck space, and room for a pool or garden, you can enhance the property to potentially boost rent or appeal. Add value through additional improvements or upgraded amenities. Benefit from: immediate income from updated units, a low-maintenance setup with modern finishes, a strong location appeal for renters and owner-occupiers and value-add potential through further improvements. With the current housing needs in Rutland, and historically stable rental market, this is a smart, practical investment. Schedule a showing appointment today!
Features
- Property Type:
- Multi-Family
- # of Units:4
- Subdivision Name:
- Year Built:
- 1920
- Parking:
- Road Frontage:
- 0
- Acres:0.26
- Gross Income:
- 0
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 2860
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 2860
- Land Description:City Lot
- Elementary School:
- Northwest Primary School
- Middle School:
- Rutland Intermediate School
- High School:
- Rutland Senior High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1300.00
Unit 2
- #Rooms:
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1300.00
Unit 3
- #Rooms:
- #Bedrooms:
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1050.00
Unit 4
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 900.00
Other Information
- List Date:
- 2025-07-24
- Last Updated: