Don't miss this chance to acquire a high-yield property in Rutland City. Whether you're a seasoned investor or looking to start your real estate portfolio, these buildings offer an excellent opportunity for stable and profitable returns. One building consists of two 3-bedroom 1-bathroom units and the other of two 1 bedroom 1-bathroom units. Heat and electricity are separately metered, minimizing owner expenses as tenants are responsible for their own utilities. The two buildings have a shared driveway as well as off-street parking that is exempt from Rutland City's winter parking ban, providing convenience for tenants year-round. This property has the potential for a 13% cap rate, gross income is based on projected market rates, 2 units are currently vacant leaving a buyer the ability to fill the vacancies with tenants of their choice. Call for a breakdown of the financials and to schedule a showing of this great investment opportunity.
For more information call one of our Agents today at
Listed by Hughes Group Team of Casella Real Estate
- MLS #
- 5000635
- Bedrooms
- 8
- Baths
- 4
- Ft2
- 3,356
- Lot Acres
- 6,098.00
- Tax
- $4,993
- Year Built
- 1900
- Heat
- Baseboard, Forced Air, Hot Water, Wall Units
- Fuel
- Gas - LP/Bottle, Oil
- Roof
- Metal, Slate
- Exterior Amenities
- Porch
MLS #: 5000635
Virtual Tour55-57 Forest
Rutland City, Vermont 05701
United States
Rutland City, Vermont 05701
United States
Category: Multi-Family
| Name | Location | Type | Distance |
|---|---|---|---|
Copyright (2024) 
“PrimeMLS, Inc. All rights
reserved. This information is deemed reliable, but not guaranteed. The data relating
to real estate displayed on this Site 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.
This web site is updated every few hours.
“PrimeMLS, Inc. All rights
reserved. This information is deemed reliable, but not guaranteed. The data relating
to real estate displayed on this Site 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.
This web site is updated every few hours.
Follow Us On Facebook