Multifamily

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

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

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

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

MLS Number 5030229

• Multifamily
• Bathroom 2
• Square Feet 1,544
• Acreage 0.12

FAIR HAVEN: An Investors dream; Both units have been very renovated over and all EMP's are up to date with the state. The rents are great and could even be brought up to "market rents" to reach desired cap rate. The current seller has put a tremendous amount of work into the property over the years. Vinyl windows and siding for easy maintenance & efficient units meant to withstand the cold Vermont winters! Smart investment, as the return is a lot better than having your money in the bank. Don't wait on this one.

Listed by Owen Loughan of Westside Real Estate

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

MLS Number 5031701

• Multifamily
• Bathroom 3
• Square Feet 2,088
• Acreage 0.16

This property has been used as an Air-BnB and has an income of $70,486 from 2024. This investment propery has 3,1 bedroom units with addition rooms and could be used as short or long term rental. This property is located just off from South Main Street , near shopping,Rutland Regional Hospital and only minutes from Killington,Pico Ski resorts.

Listed by Edward Patch of Century 21 Premiere Properties-Rutland

MLS Number 5024936

• Multifamily
• Bathroom 2
• Square Feet 1,990
• Acreage 0.11

Welcome to your future home! This delightful two-family residence is perfect for first-time homebuyers or savvy investors looking for a great opportunity. Nestled in a sought-after area, this cozy multi-family home offers a charming main floor apartment featuring two bedrooms, a beautifully updated kitchen and bath, a welcoming dining room, and a bright living room. You'll also love the inviting four-season porch, complete with a washer and dryer for your convenience. The exterior boasts low-maintenance vinyl siding and windows, while the main floor is heated by comfortable FHA oil heat. Upstairs, you'll find another lovely two-bedroom apartment, equipped with a generous walk-in closet, a cozy eat-in kitchen with a pantry, and dining room, perfect for gatherings. A single in-room gas heater keeps things warm. This property also features a newer shingled roof, a single-car garage/workshop, and a handy new utility shed ideal for all your garden tools, gadgets, or gear. Green thumbs will appreciate the garden space, and with two paved driveways, ample off-street parking is yours. Conveniently located just minutes from RRMC, White's Pool, and vibrant downtown shopping and entertainment, plus less than 20 minutes to the Pico/Killington Four Season Resort or Lake Bomoseen. This home offers a wealth of recreational opportunities right at your doorstep. Don't miss out-schedule your appointment today to explore all that this charming property has to offer!

Listed by Mark Triller of Real Broker LLC