Ski Country Real Estate - Killington VT
Rutland City
$295,000
6
Bdrms
0
Baths
2,332
Ft2
6,970.00
Lot Size
High cash flow 4plex, updated and professionally managed, located in Rutland. Listed at close to a 10% cap and a Net Operating Income over $31K, with significant upside from undermarket rents. This combination of value-add and high cash flow is rare to find. Perfect for a high cash flow investment or live in one unit for free while covering mortgage + expenses and enjoying additional cash flow. One Unit has been left open for showings or immediate owner occupancy. The building has been professionally managed and renovated. The investment is projected to yield over a 13% year 1 cash on cash return based on current numbers, and cash returns can go to 23%+ per year if rents are brought to market. This allows the new owner to realize significant returns from cash flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, 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.
Call Ski Country today For more information call one of our Agents today at Ski Country Real Estate at 1(800) 877-5111.
MLS #
5014031
Bedrooms
6
Ft2
2,332
Lot Acres
6,970.00
Tax
$4,366
Year Built
1900
Heat
Baseboard
Fuel
Oil
Roof
Shingle - Asphalt
MLS #: 5014031
77 River
Rutland City, Vermont 05701
United States
Category: Multi-Family
Name Location Type Distance
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Ski Country Real Estate

(800) 877-5111
335 Killington Road
Killington, VT 05751
(802) 775-5111 (P)
(802) 773-4671 (F)
Info@SkiCountryRealEstate.com

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