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$1,904,000
23 Days On Site
126 State StreetRutland City, VT 05701
For Sale|Multi Family|Active
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 ,
Call Now: 802-254-6400
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802-254-6400
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Monthly Payment (Est.)
$8,687Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.
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
PriceÂ
$1,904,000
Days On SiteÂ
23 Days
BedroomsÂ
N/A
Inside Area (SqFt)Â
2,000 sqft
Total BathsÂ
N/A
Full BathsÂ
N/A
Partial BathsÂ
N/A
Lot SizeÂ
0.1 Acres
Year BuiltÂ
1841
MLS® NumberÂ
5028961
StatusÂ
Active
Property TaxÂ
$2,265
HOA/Condo/Coop FeesÂ
N/A
Sq Ft SourceÂ
N/A
Friends & Family
Recent Activity
| 3 days ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
AcresÂ
0.1
Number Of StoriesÂ
2
ParkingÂ
Gravel
Property Sub TypeÂ
Multi Family
SewerÂ
Public Sewer
SqFt AboveÂ
2000
SqFt TotalÂ
2000
StyleÂ
Duplex
UtilitiesÂ
Cable Available
Water SourceÂ
Public
ZoningÂ
residential
Interior Features
BasementÂ
Full
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Exterior Features
Construction DetailsÂ
Wood Siding
RoofÂ
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: 2025-03-06 02:52 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: 2025-03-06 02:52 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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