- $659,000
- MLS#: 5075586
- 6
- # of Units
- 4,772
- Total Sq. Feet
- 0.17
- Acres
- $9,549
- Taxes
1 of 30
General Property Information
- Price:
- $659,000
- County:
- VT-Rutland
- Acres:
- 0.17
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 6
- Agency/Brokerage:
- Betsy Adamovich
Real Broker LLC
Exceptional 13.8% cap rate! Fantastic Multi-Family Investment Opportunity in Rutland City. Well-located and recently renovated 6-unit multifamily property in Rutland City, now fully occupied. The building includes six 2-bedroom, 1-bath units and is positioned to generate $110,100 in annual gross income with a net operating income of $90,991 at current rents and expenses. At the current asking price, this equates to an approximate 13.8% cap rate, making this a standout opportunity for cash-flow-focused investors. Located within walking distance to downtown Rutland, the property benefits from strong rental demand thanks to easy access to public transportation, restaurants, retail, and essential services. With stabilized occupancy in place, this property offers immediate income along with future upside through rent growth or operational efficiencies. A compelling option for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market.
Features
- Property Type:
- Multi-Family
- # of Units:6
- Subdivision Name:
- Year Built:
- 1900
- Parking:
- Road Frontage:
- 0
- Acres:0.17
- Gross Income:
- 110,100
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 6
- Sq Ft (Above Ground):
- 4772
- Sq Ft (Below Ground):
- 0
- Total Sq Ft:
- 4772
- 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:
- 5
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1200.00
Unit 2
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1300.00
Unit 3
- #Rooms:
- 4
- #Bedrooms:
- 4
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1575.00
Unit 4
- #Rooms:
- 4
- #Bedrooms:
- 2
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1800.00
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:
- 1800.00
Other Information
- List Date:
- 2026-02-03
- Last Updated:
