RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate—a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.
For more information call one of our Agents today at Ski Country Real Estate at 1(800) 877-5111.
Listed by Betsy Adamovich of Real Broker LLC
- MLS #
- 4988146
- Bedrooms
- 9
- Ft2
- 3,560
- Lot Acres
- 5,227.00
- Year Built
- 1900
- Heat
- Baseboard, Hot Water
- Fuel
- Oil
- Roof
- Shingle - Asphalt
- Exterior Amenities
- Porch - Covered
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