- $400,000
- MLS#: 5075867
- 6
- # of Units
- 3,900
- Total Sq. Feet
- 0.06
- Acres
- $4,705
- Taxes
1 of 22
General Property Information
- Price:
- $400,000
- County:
- VT-Rutland
- Acres:
- 0.06
- Property Type:
- Multi-Family
- Property Status:
- Active
- # of Units:
- 6
- Agency/Brokerage:
- Mike Kalil
Watson Realty & Associates
High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare opportunity to acquire a cash-flowing, stabilized multifamily asset with an exceptional return profile.
Features
- Property Type:
- Multi-Family
- # of Units:6
- Subdivision Name:
- Year Built:
- 1915
- Parking:
- Road Frontage:
- 122
- Acres:0.06
- Gross Income:
- 81,252
- Annual Expenses:
- 0
- # of Gas Meters:
- # of Electric Meters:
- 0
- Sq Ft (Above Ground):
- 3000
- Sq Ft (Below Ground):
- 900
- Total Sq Ft:
- 3900
- Land Description:Corner
- Elementary School:
- Middle School:
- High School:
- Financing Details:
- Documents Available:
Unit Information
Unit 1
- #Rooms:
- 0
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1050.00
Unit 2
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- 0
- Floor:
- Unit Style:
- Monthly Rent:
- 1171.00
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:
- 1250.00
Unit 5
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1000.00
Unit 6
- #Rooms:
- #Bedrooms:
- 1
- #Baths:
- 1
- Sq. Ft.:
- Floor:
- Unit Style:
- Monthly Rent:
- 1250.00
Other Information
- List Date:
- 2026-02-05
- Last Updated:
