$ 659,000
-
$659,000
Price -
12
Bed -
4
Bath -
4,772
SqFt
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About the Listing 6470 - 285328
Exceptional 13.8% cap rate! Fantastic Multi-Family Investment Opportunity in Rutland City. Well-located and recently renovated 6-unit multifamily property in Rutland City, now fully occupied. The building includes six 2-bedroom, 1-bath units and is positioned to generate $110,100 in annual gross income with a net operating income of $90,991 at current rents and expenses. At the current asking price, this equates to an approximate 13.8% cap rate, making this a standout opportunity for cash-flow-focused investors. Located within walking distance to downtown Rutland, the property benefits from strong rental demand thanks to easy access to public transportation, restaurants, retail, and essential services. With stabilized occupancy in place, this property offers immediate income along with future upside through rent growth or operational efficiencies. A compelling option for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Multi-Family
MLS ®
5075586
Year Built
1900
Total Square Footage
4,772
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: Propane,Baseboard,Forced Air,Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 4772
- 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: $9,549
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
46 Terrill St Rutland City, VT 05701
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