Rutland City, VT | 52 Chestnut Avenue

Your next high-performing asset is here. This rare multi-unit property offers five income-producing units in a desirable location, walking distance to downtown Rutland, public transportation, restaurants, retail, and essential services. With strong rental demand and limited vacancy history, this property is poised to remain a reliable performer in any market cycle. The building consists of one 2-bedroom unit, three 1-bedroom units, and one studio, appealing to a broad range of tenants, from professionals and students to long-term local renters. Several thoughtful renovations and updates have already been completed, offering reduced capital expenditure needs and improved tenant retention. The current gross annual income exceeds $56,000, with a net operating income of over $37,000, making this a turnkey addition to any investment portfolio. At the asking price, the property generates a cap rate of over 11%, meeting the criteria of cash-flow investors, BRRRR strategists, and 1031 exchange buyers alike. With additional upside potential, whether through future rent adjustments, cosmetic improvements, or expanded operational efficiencies, this property represents both immediate returns and long-term growth opportunity. Whether you’re an experienced investor or expanding your portfolio, this multi-unit property delivers cash flow, stability, and scalability in a strong Vermont rental market. Opportunities like this are rare, secure your next revenue-producing property today.