- $599,000
- MLS#: 5075584
- 6
- # of Units
- 3,363
- Total Sq. Feet
- 0.17
- Acres
- $6,794
- Taxes
1 of 15
General Property Information
- Price:
- $599,000
- County:
- VT-Rutland
- Acres:
- 0.17
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 6
- Agency/Brokerage:
- Betsy Adamovich
Real Broker LLC
Excellent 12.35% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity awaits! This 6-unit multifamily property offers six (6) 2-bedroom, 1-bath units featuring open-concept floor plans designed for comfortable, efficient living. Tenants are responsible for their own electric, helping to keep operating costs low and returns strong. With $91,200 in gross annual income, the property benefits from a walkable Rutland City location, just minutes from downtown, public transportation, dining, retail, and everyday conveniences, supporting steady demand and reliable occupancy. For investors seeking scale, 15 Kingsley is an adjacent property with a similar footprint, creating a compelling opportunity to acquire neighboring assets and maximize operational efficiencies. Ideal for both seasoned investors and those expanding their portfolios, this multifamily asset delivers solid in-place income with long-term upside in a resilient Vermont rental market.
Features
- Property Type:
- Multi-Family
- # of Units:6
- Subdivision Name:
- Year Built:
- 1968
- Parking:
- Road Frontage:
- 0
- Acres:0.17
- Gross Income:
- 91,200
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 3363
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 3363
- Land Description:City Lot
- Elementary School:
- Rutland Town School
- Middle School:
- Rutland Middle School
- High School:
- Rutland Senior High School
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1250.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1250.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1250.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1300.00
Unit 5
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 6
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1050.00
Other Information
- List Date:
- 2026-02-03
- Last Updated:
