$ 665,000
-
$665,000
Price -
14
Bed -
5
Bath -
5,836
SqFt
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About the Listing 6470 - 285328
Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
5075585
Year Built
1988
Total Square Footage
5,836
Lot/Acreage
0.33
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: 14
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard,Hot Water
- Fireplaces:
- Floor: Carpet,Vinyl
- Above Ground Sq Ft: 5836
- Below Ground Sq Ft: n/a
- Basement: Yes,Unfinished
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Asphalt Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $12,519
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
37 Killington Ave Rutland City, VT 05701
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