- $665,000
- MLS#: 5075585
- 8
- # of Units
- 5,836
- Total Sq. Feet
- 0.33
- Acres
- $12,519
- Taxes
1 of 32
General Property Information
- Price:
- $665,000
- County:
- VT-Rutland
- Acres:
- 0.33
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 8
- Agency/Brokerage:
- Betsy Adamovich
Real Broker LLC
Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.
Features
- Property Type:
- Multi-Family
- # of Units:8
- Subdivision Name:
- Year Built:
- 1988
- Parking:
- Road Frontage:
- 0
- Acres:0.33
- Gross Income:
- 113,800
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 5836
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 5836
- 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:
- 1195.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1200.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1400.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1500.00
Unit 5
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 6
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1100.00
Unit 7
- #Rooms:
- 2
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1000.00
Unit 8
- #Rooms:
- 2
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 995.00
Other Information
- List Date:
- 2026-02-03
- Last Updated:
