$ 599,000
-
$599,000
Price -
12
Bed -
4
Bath -
5,015
SqFt
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About the Listing 6470 - 285328
Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
5075583
Year Built
1968
Total Square Footage
5,015
Lot/Acreage
0.17
County
Rutland
Building Name
Monthly
School District
Rutland City School District
Elementary School
Rutland Town School
Middle School
Rutland Middle School
High School
Rutland Senior High School
Interior Details
- Bedrooms: 12
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Kerosene,Forced Air
- Fireplaces:
- Floor: Vinyl
- Above Ground Sq Ft: 5015
- Below Ground Sq Ft: n/a
- Basement: No
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Asphalt Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $6,978
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
15 Kingsley Ct Rutland City, VT 05701
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