Rutland City Vermont MLS Listings Multi Family Homes For Sale

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You are viewing Rutland City VT Multi Family Homes between $500000 and $1000000 dollars.

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RUTLAND CITY VT Multi Family for sale $$525,000 | $146 per sq.ft.

$525,000 | $146 per sq.ft. RUTLAND CITY VT MULTI FAMILY FOR SALE

38 Cottage Street Number of Units 7   Total Sq. Ft. 3590  |  Acres: 0.15

Well maintained 100% occupied 7 unit located in central Rutland neighborhood. This 7 unit property was recently renovated and is being listed at a 11% cap and an annual Net Operating Income of ~$58K (12% cap without management fees). A new owner can step into to this turnkey investment, projected to yield over a 18% cash on cash return starting year 1 based on current numbers, and therefor realize significant returns from cash-flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 7plex ahead of the historic multibillion dollar development occurring nearby at Killington, which is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property. See MLS Property & Listing Details & 24 images.


RUTLAND CITY VT Multi Family for sale $$595,000 | $125 per sq.ft.

$595,000 | $125 per sq.ft. RUTLAND CITY VT MULTI FAMILY FOR SALE

100-102 Gibson Avenue Number of Units 5   Total Sq. Ft. 4774  |  Acres: 0.9

Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on Saturday (4/19). See MLS Property & Listing Details & 23 images.


RUTLAND CITY VT Multi Family for sale $$965,000 | $126 per sq.ft.

$965,000 | $126 per sq.ft. RUTLAND CITY VT MULTI FAMILY FOR SALE

86 Center Street Number of Units 4   Total Sq. Ft. 7648  |  Acres: 0.74

1800's Historical Rutland City Mansion formerly the Lawrence Recreation Center/Reynolds House. Currently 4 Condominiums restored to her original grandness but improving her exterior and interior systems for the next century. State of the art insulation, custom ordered windows, newer roof, plumbing and electrical. All units have separate electrical meters. The home has a newer boiler with all original steam radiators. Newer roof and French trench around entire house. Exterior painting to include removing years of paint on marble trim. Updated kitchens and baths with new plumbing and electrical wiring. The top floor Unit #4 was renovated with hardwood floors, stainless steel appliances and a great room, incredible mountain and city views from every room. Master and guest bathrooms are adorned with custom Turkish tiles, granite counter tops, and center island... See MLS Property & Listing Details & 50 images.


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