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$1,904,000
52 Days On Site
126 State StreetRutland City, VT 05701
For Sale|Multi Family|Pending
0
Beds
0
Full Baths
0
Partial Baths
2,000
SqFt
$952
/SqFt
1841
Built
County:
VT-Rutland
Listing courtesy of Miffy Liao of Watson Realty & Associates
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Great opportunity for investors, A package of 28 rental units , Consists of 12 multifamily buildings, all in Rutland City in close proximity to each other, All units have certificate of occupancies, Great rental history, This property produces over $503k in gross rent, The net cap rate is over 17.72% , The net income is over $337k per year, Not including management fee or vacancy rates, The current owner have owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency.
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Listing Snapshot
Price
$1,904,000
Days On Site
52 Days
Bedrooms
N/A
Inside Area (SqFt)
2,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.1 Acres
Year Built
1841
MLS® Number
5028961
Status
Pending
Property Tax
$2,265
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Status changed to Pending | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.1
Number Of Stories
2
Parking
Gravel
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
2000
SqFt Total
2000
Style
Duplex
Utilities
Cable Available
Water Source
Public
Zoning
residential
Interior Features
Basement
Full
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Exterior Features
Construction Details
Wood Siding
Roof
Slate
Listing courtesy of Miffy Liao of Watson Realty & Associates
Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-04-04 04:38 PM UTC
Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-04-04 04:38 PM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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