Rutland City Vermont Real Estate

Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %
Great options with these two adjoining properties. Approximately 2,240 square foot single-family home at 26 Woodstock Ave is currently leased. Approximately 2,790 square foot duplex at 28 Woodstock Ave is currently unoccupied and ready to be brought back to life.
Here's an excellent opportunity to own a home that will help pay your mortgage with this charming duplex nestled in the quiet up and coming neighborhood on South Street. Opportunities continue with the option of using the existing well curated materials to finish the first floor unit and enjoy new/modern first floor living. Or live in the finished upstairs unit and finish the downstairs on your time to garnish the potential of higher rents that a newly remodeled space brings. If those options weren't enough, this property boasts a large level .45 acre lot that is amplified by the large peaceful back yard. Enjoy many serene evenings on either of the two back decks or complete the owners dream by adding an above ground pool to compliment the "pool ready" deck and have your own backyard oasis!
Here is a well maintained 2-unit Victorian style multi-family. Live in one unit while supplementing your mortgage by renting the other or make it your next investment property! Upstairs is a cute 2-bedroom one bathroom unit and downstairs has a very spacious 3 bedroom 1 1/2-bathroom unit. On the first floor of unit one, there is a kitchen, dining room, living room, spacious bedroom, and a full bathroom with a washer and dryer. On the 2nd floor of unit one, are your other 2 bedrooms, a half bathroom, and access to the large attic that offers plenty of storage space. Call to schedule your showing today! 3 bedroom unit will be vacant as of 03/17/2024. Furnishings in the downstairs unit are negotiable.
Unique City Multi-Family building of 2 units with 3 BR's each and separate utilities. Walking distance to downtown, parks, and local museums. Ideal for owner occupancy with remaining unit as long or short term rental.
New Roof Scheduled for Decmber 2023, Property is being sold AS IS. This property offers two separate buildings, with 105 South Main St featuring eight spacious 1-bedroom, 1-bathroom units, and 109 South Main St providing one generous 2-bedroom, 1-bathroom unit and one cozy 1-bedroom, 1-bathroom unit. Currently, three units are unoccupied. This offering presents an excellent chance to expand your investment portfolio with two substantial multi-family buildings on the same property. Moreover, these properties have a strong rental history with the opportunity to raise rents and get empty units up and running. Rutland, VT, offers a growing real estate market, making it an ideal location for savvy investors. With most units already rented, you can tap into the significant future profit potential. Take advantage of this incredible opportunity. Please note that a 48-hour notice is required for all showings. Contact me today to schedule a viewing and take the first step toward enhancing your investment portfolio.
Great opportunity to own an investment property in a desirable neighborhood, good rental history, great condition recent furnace top of the line, vinyl siding, recent roof, vinyl replacement windows all unites are updated, clean certificate of occupancies will be provided, pretty much no deferred maintenance, Current NOI is $22K but great potential for at least another $9600 in net income, current rents are well bellow the market rents, this property is tucked away on a dead end street .
RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.
Nestled in a convenient Rutland City locale, this spacious residence offers a unique blend of comfort and income potential. Renovated in 2022, the property comprises two distinct units, each with two bedrooms and a full bathroom, making it an ideal investment for generating rental income. Privacy is key, with each unit featuring its own keypad access and a shared common area accessible through the front door. This thoughtful layout caters to those seeking a sizable duplex unit in Rutland City. Consider the flexibility of living in one unit while leasing out the other to offset costs, maximizing the property's income-generating possibilities. The detached garage provides secure parking, offering protection for your vehicles against the elements. Situated near a major hospital and close to Rutland's diverse shopping and dining options, this property's location is truly advantageous. Additionally, it's a short drive to the popular Killington Resort, catering to outdoor enthusiasts. With recent renovations, dual-unit layout, and strategic location, this property accommodates various lifestyle needs and investment goals. Connect with your local agent today to explore the potential of this versatile and income-generating property. Don't miss out on the opportunity to make this property your own!
RUTLAND CITY, VT - This well-maintained four-unit property offers excellent rental history and strong cash flow, making it a smart choice for investors. Positioned on a corner lot, it's conveniently close to public transportation, enhancing tenant appeal. The building features spacious 9-foot ceilings on the first floor and includes energy-efficient minisplit heat pumps in two of the four units. Additional income is provided by a large 2.5-story garage on the property, currently rented monthly. As the city pushes for more housing, this huge garage would be a fantastic candidate for an accessory dwelling unit conversion! The cap rate on this property with the new rents is 11.8% at asking price! This investment opportunity combines practicality with profitability in a sought-after location. See it for yourself today!
Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4971734, 4971736, 4971738, 4971740.
INVESTORS TAKE NOTE: 5 unit apartment building located in the heart of Rutland. Rents are well below market with great potential for improved income. Tenants pay electric and internet. Plenty of off-street and street parking. BBHW Heat and LP Gas Hot Water. Walking distance to Giorgetti Athletic Complex and to downtown markets, shops, and dining. Only 20 minutes to Killington/ Pico Ski Resort. Less than 2 hours to both Albany or Burlington International Airports.
RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate—a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.
RUTLAND CITY, VT — An outstanding investment opportunity awaits at this well-positioned property featuring a total of 6 units. Comprising 1 efficiency unit and 5 1-bedroom units, this building is a testament to smart investment choices. 5 of the 6 units are currently rented, contributing to a consistent and healthy cash flow. The property's success in generating good income is a reflection of its appeal to tenants. What distinguishes 77 School St is its convenient location, providing easy access to local amenities, schools, and public transportation. This advantageous positioning not only enhances the lifestyle for tenants but also adds a layer of long-term appeal to the property. 77 School St is a prime investment in Rutland's real estate scene—a property with 6 units, all but one currently rented and generating fantastic income. Don't miss out on this rare opportunity! Secure a property that not only promises financial success but also stands as a testament to smart and lucrative investment choices. Listing price offers a 9.4% cap rate for this property! 4 other investment properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties. Will not consider creative financing.
RUTLAND CITY, VT — An exciting investment opportunity awaits at this fantastic 6-unit multifamily property. With a stellar rental history and all units currently leased, this building is a testament to its consistent appeal among tenants, making it an enticing prospect for savvy investors. 106 Library Ave offers a very rare opportunity —a multifamily building with six units, all contributing to a robust and steady income stream. This unique feature positions the property as a valuable find for investors seeking a reliable source of returns in Rutland's real estate market. 106 Library Ave is a standout in Rutland's real estate landscape—a dynamic 6-unit multifamily property with a proven rental history. Don't miss out on this fantastic investment opportunity that promises both financial stability and growth. Act now to secure a property that combines rarity, income potential, and lasting value. Property has a cap rate over 11% at the current list price! 4 other properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties.
Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units with open concept layouts. Tenants pay their own electric. Adjacent property, 15 Kingsley Court is also listed for $560,000 with the same footprint. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4971745, 4987682, 4987686, 4987685.
Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units with open concept layouts. Tenants pay their own electric. Adjacent property, 17 Kingsley Court is also listed for $560,000 with the same footprint. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4987681, 4987686, 4987685, 4971745.
Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units. All, but 2 of the units have 2 floors with living space on the first floor and bedrooms on the second floor. Very spacious units that have been nicely updated. Tenants pay their own electric. Shared laundry on site. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4987681, 4987682, 4987685, and 4971745.
Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units and 2 studio apartments. Well maintained building with many long term tenants. The property boasts a healthy 10% cap rate. Call to schedule your showing today. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4971745, 4987681, 4987682, 4987686.
RUTLAND CITY, VT - Here is an exceptional investment opportunity with a total of 8 potential income-generating units! This property features a 7-unit multi-family building and an inviting single-family home. Crafted with a mix of brick and wood frame construction, the 7-unit building stands as a testament to enduring quality and timeless appeal. The current owners have experienced significant profits, showcasing the remarkable rental potential of these well-maintained units. The central location of these units provides easy access to bus routes and daily necessities, ensuring effortless commutes and errands for tenants and owners alike. This added advantage enhances the property's overall appeal, addressing the practical needs of residents. What sets this investment apart from the rest is the rarity of finding a property with so many units that consistently yield strong cash flow. The prospect of owning 2 buildings with a total of 8 units is an extraordinary opportunity for astute investors. 14 & 14.5 Cottage Street is a solid investment in Rutland's real estate, offering a total of 8 units that promise enduring construction, a strategic location, and proven profitability. Cap rate over 10% at list price when fully rented! 4 other properties from the same portfolio are also currently listed for sale. Please inquire for further information regarding the other properties. Will not consider creative financing.

© 2024 Northern New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NNEREN. Subject to errors, omissions, prior sale, change or withdrawal without notice.