Net operating income of over $113,000 (see attachment)! At the list price, the property generates a turnkey cap rate of 10%! The owners live out of state and manage the property remotely. This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring. The main house includes two units, unit A with four bedrooms / one bathroom, and unit B with two bedrooms / one bathroom. The units in the duplex in the center of the property feature one bedroom / one bathroom and full kitchens with compact W/D. The cottage features a lofted bed / one bathroom with micro-kitchen. The entire property was renovated / remodeled between 2022 and 2023 with quality materials and workmanship. All units are currently rented under long-term leases by quality tenants that have been fully vetted. The 2-acre property includes a large barn with three bays of storage and ample parking. Minutes from all the action and upcoming multi-billion-dollar investments in Killington and Pico. Furniture negotiable. PLEASE DO NOT DISTURB TENANTS!
© 2025 PrimeMLS. 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 PrimeMLS. Subject to errors, omissions, prior sale, change or withdrawal without notice.
