Rutland City VT Popular Searches |
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Under Contract
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$269,000 | $60 per sq.ft.
40 Cottage Street
Number of Units 3 Total Sq. Ft. 4480 | Acres: 0.15
Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th. See
MLS Property & Listing Details & 20 images.
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$275,000 | $85 per sq.ft.
100 South Street
Number of Units 4 Total Sq. Ft. 3246 | Acres: 0.35
Opportunity knocks with this 4-unit multifamily property located in the heart of Rutland City! Featuring three completed units--two of which have been recently renovated with modern finishes--this property is perfect for investors looking to generate immediate rental income. The fourth unit has been gutted to the studs, offering a blank canvas for the next owner to bring their vision to life. With its flexible potential and prime location, this property is an excellent investment opportunity. Whether you're an experienced investor or just starting, the opportunity to finish the fourth unit and maximize rental potential makes this property a must-see. Don't miss your chance to own this versatile investment property! See
MLS Property & Listing Details & 38 images.
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Under Contract
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$279,000 | $103 per sq.ft.
166 State Street
Number of Units 5 Total Sq. Ft. 2700 | Acres: 0.21
Investor Opportunity in Rutland City! 166 State Street is a 5-unit multifamily property with a strong rental history and solid numbers. With a gross annual income of $54,000 and expenses currently at $24,552, this property nets $29,448 annually--offering a 10.55% cap rate at the asking price. Rents are currently below market, presenting immediate potential for increased returns. Expenses could also be streamlined for even better performance. Whether you're looking to expand your portfolio or dive into multi-unit investing, this one is well worth a look. Motivated seller--bring your offers and let's make a deal! See
MLS Property & Listing Details & 16 images.
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$280,000 | $145 per sq.ft.
56 Church Street
Number of Units 2 Total Sq. Ft. 1936 | Acres: 0.13
Renovated, updated, well-maintained, 100% occupied, 2-unit multi-family, investment opportunity. Unit 1 on the main floor and Unit 2 second floor. Unit 1 includes three bedrooms, one bath, washer and dryer laundry space, and a shared entry mudroom accessed from the parking area. Unit 2 has two bedrooms, one bath, a laundry room with hookup (unit 2's tenants own the washer/dryer), a storage area, and shares the entry mudroom. Ample parking in the rear of the property. The property's apartments allow up to 5 inhabitants in unit 1, up to 3 in unit 2, and it's location meets the needs of both the Rutland City area and Killington workforces. The building has a current CO. A great investment opportunity! See
MLS Property & Listing Details & 32 images.
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Under Contract
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$285,000 | $124 per sq.ft.
62 Killington Avenue
Number of Units 2 Total Sq. Ft. 2307 | Acres: 0.46
Spacious and versatile 5-bedroom, 2-bath home on a double lot in Rutland City with a two-car garage, screened porch, and back porch--perfect for enjoying Vermont's seasons. This property offers incredible potential: keep it as a large single-family home with multiple living spaces, or convert it into a duplex with a 3-bedroom unit and a 2-bedroom unit. With two kitchens already in place, the layout is ideal for multi-generational living or rental income. The main level features a large living room with a fireplace, a family room, one bedroom, two full bathrooms, and two kitchens. Upstairs you'll find four additional bedrooms. The generous floor plan and flexible layout offer endless possibilities for customization. Set on a double lot with plenty of outdoor space and off-street parking with two driveways, this home is a rare find with excellent potential in a convenient city location. Also listed as MLS #5036510 See
MLS Property & Listing Details & 30 images.
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