Multifamily

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48 Forest Street Rutland City VT 05701

Rutland City, VT48 Forest Street

Price$325,000

Est. Mortgage: $/month

MLS Number 5027605

  • Multifamily
  • Square Feet 4,032
  • Acreage 0.07

Well maintained oversized 4plex located a desirable quaint residential Rutland neighborhood. This 100% occupied building has 1x3br 2x2br and 1x1br, a net operating income north of $34,000 and is being listed at north of a 10.5% cap rate based on current numbers. High rental demand and property has a waitlist. A new owner can step into to this turnkey investment, projected to yield over a 14% cash on cash return (75% financing assumed but some banks will go north of 90%) starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. There is significant value-ad as rents can be brought to market to achieve closer to a 20% cash on cash return. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex ahead of the historic multibillion dollar development occurring nearby at Killington, 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.

Listed by Michael Gilman of 3GEN Real Estate Inc

$
$
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$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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52 Chestnut Avenue Rutland City VT 05701

Rutland City, VT52 Chestnut Avenue

Price$325,000

Est. Mortgage: $/month

MLS Number 5027565

  • Multifamily
  • Bathroom 1
  • Square Feet 2,250
  • Acreage 0.13

Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.

Listed by Mike Kalil of Watson Realty & Associates

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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33 Summer Street Rutland City VT 05701

Rutland City, VT33 Summer Street

Price$319,000

Est. Mortgage: $/month

MLS Number 5002265

  • Multifamily
  • Square Feet 3,558
  • Acreage 0.13

Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start investing in real estate, 33 Summer Street presents a promising opportunity. Don't miss out on this excellent investment with great potential for steady rental income.

Listed by Betsy Adamovich of Real Broker LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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178 Grove Street Rutland City VT 05701

Rutland City, VT178 Grove Street

Price$309,000

Est. Mortgage: $/month

Active With Contract

MLS Number 5001686

  • Multifamily
  • Bathroom 2
  • Square Feet 2,521
  • Acreage 0.19

RUTLAND CITY: Spacious 4-5 bedrooms, Single family or 2-unit, recently brought up to code for 2-unit. New kitchen in 2020, on 1st floor valued at $66,000, hardwood floors, fireplace in living room, damper doesn't work, 1st floor bedroom, 2nd floor has 3 bedrooms, kitchen, living room and 1 1/2 baths. New 1st floor shower in 2022 and new shower/toilet in 2nd floor apartment. Attic/3rd floor was used as a bedroom and family room. Property had an Efficiency Vermont energy audit, is well insulated and has replacement windows, along with dry basement. Boiler was new in 2019 and asphault roof was new in 2022. Convenient city lot, close to downtown, with 1-car detached garage. Less than 1/2 mile to Rutland Country Club, outskirts of city, near shopping, restaurants, skiing, airport and hospital. Won't last long, call for an appointment.

Listed by Melissa Loughan and Owen Loughan of Westside Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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9 River Street Fair Haven VT 05743

Fair Haven, VT9 River Street

Price$289,900

Est. Mortgage: $/month

MLS Number 5022191

  • Multifamily
  • Bathroom 5
  • Square Feet 3,220
  • Acreage 0.37

Here is an investment opportunity with this well-maintained multi-family property, featuring five rental units and a solid cap rate of 10%. This property includes three two-bedroom apartments, a comfortable one-bedroom unit, and a cozy efficiency, offering a balanced mix of layouts to attract a wide variety of tenants. All apartments benefit from included amenities that simplify the rental experience, with heat, trash removal, snow removal, and lawn care covered in the rent. Tenants pay their own electric bills, aside from Apartment C. The property also has a large off-street parking area, providing convenient and ample parking for all residents. Ideally located within walking distance of essential amenities, this property allows tenants to enjoy easy access to local stores, restaurants, and a laundromat. With these appealing features, the property is consistently occupied and benefits from strong rental demand in the area. Whether you're expanding an existing portfolio or entering the multifamily market, this property is positioned to provide reliable returns in a thriving rental market.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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1115 Route 4a West Castleton VT 05735

Castleton, VT1115 Route 4a West

Price$287,500

Est. Mortgage: $/month

MLS Number 4974336

  • Multifamily
  • Bathroom 3
  • Square Feet 6,884
  • Acreage 2.02

Discover an exceptional investment opportunity with this versatile 4-unit multiuse building. This property features a strategic mix of two spacious offices and 2 two-bedroom open-concept apartments, providing a diverse range of potential income streams. Unlock the full potential of this property with the possibility to convert the existing office space into additional apartments, enhancing rental income and maximizing return on investment. The finished space in the basement offers even more possibilities, whether utilized as a studio, office, or transformed into an extra apartment. 1.21 acres of the property are leased to the Town of Castleton through June of 2086 for an annual amount of $1. The purpose of this lease is for a community recreation area, no structures may be built on the property. Don't miss the chance to own a property that not only offers immediate revenue but also provides strategic options for future growth. Call today to schedule a viewing and explore the endless possibilities this multiuse building presents. Building is on the National Register of Historic Places.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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230 Marble Street West Rutland VT 05777

West Rutland, VT230 Marble Street

Price$280,000

Est. Mortgage: $/month

MLS Number 4989348

  • Multifamily
  • Bathroom 4
  • Square Feet 3,535
  • Acreage 0.25

Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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56 Church Street Rutland City VT 05701

Rutland City, VT56 Church Street

Price$280,000

Est. Mortgage: $/month

MLS Number 5028295

  • Multifamily
  • Bathroom 2
  • Square Feet 1,936
  • Acreage 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!

Listed by Sue Starr-Adams of EXP Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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40 Summer Street Rutland City VT 05701

Rutland City, VT40 Summer Street

Price$279,000

Est. Mortgage: $/month

Active With Contract

MLS Number 5015604

  • Multifamily
  • Bathroom 4
  • Square Feet 2,886
  • Acreage 0.12

Looking for the perfect investment property, or perfect opportunity to owner occupy? Then you need to check out this well maintained, 3 unit, 4 bed, 4 bath, multi-family property only a few blocks from downtown shopping, dining and events. Two of the apartments, #2 and #3, were recently renovated in 2022 ( see attached list of improvements ) with new washers and dryers, vinyl plank flooring, kitchen counter tops and cabinets, and new appliances and an energy efficient mini split in apt#3 for Summer cooling and economical heat. This property has a single oil FHA furnace replaced in 2000 and a new oil tank replaced in 2022 with vinyl siding and newer vinyl windows all around and an electrical cost saving solar array on the roof. All old knob and tube wiring terminated and replaced. And you'll find that there is little to no deferred maintenance here at this property. Month to month leases with reliable rental income and an opportunity to improve cash flow. There's plenty of on-street and off-street parking as well a carport to get your car out of the weather and a large rear deck to enjoy the mountain view. You're less than 20 minutes from Killing/Pico Ski Resorts, and less than 2 hours from Burlington or Albany Airport. This is a must see.

Listed by Mark Triller of Real Broker LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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100 South Street Rutland City VT 05701

Rutland City, VT100 South Street

Price$275,000

Est. Mortgage: $/month

MLS Number 5027513

  • Multifamily
  • Square Feet 3,246
  • Acreage 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!

Listed by Betsy Adamovich of Real Broker LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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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, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 15, 2025 8:37 AM EST