$ 400,000
-
$400,000
Price -
6
Bed -
6
Bath -
3,900
SqFt
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About the Listing 5612 - 21713
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.
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
5075867
Year Built
1915
Total Square Footage
3,900
Lot/Acreage
0.06
County
Rutland
Building Name
Monthly
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Oil,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3000
- Below Ground Sq Ft: n/a
- Basement: Yes,Partially Finished
- Other:
- Water:
Exterior Details
- Lot Description: Existing
- Garage Capacity: N/A
- Zoning: Residential
- Roof: Asphalt Shingle
- Others:
- Sewer: Public
Financial Details
- Tax Amount: $4,705
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
Monthly Payment
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Questions About..
44 Baxter St Rutland City, VT 05701
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