List Price: $299,900 | $133 per sq.ft. Multi Family
Price Change! Reduced by $25,100 down 8% on March 13th 2025
A 5 Unit Multi Family Home
With 4 One Bedroom Units , 1 - Two Bedroom Units ,0 - Three Bedroom Units
Date Listed Friday Jan 24, 2025 | MLS# 5027565



Address: 52 Chestnut Avenue Rutland City VT
Listed by Mike Kalil Watson Realty & Associates
Description:
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%. Operating Expenses : Heat,Insurance,Maintenance,Snow Removal,Trash,Utilities,Water/Sewer
Annual Expenses

Taxes: $4,153
Income
Gross Income | $56,940
NetIncome | $37,262

Construction: Wood Frame | Vinyl Exterior
Year Built: 1899
Style: Multi-Family
Floors | Stories: 2
No. Elevators:
Total Sq.Ft. Finished: 3186
Above Grade Sq.Ft.: 2250
Basement: Unfinished
Foundation: Brick | Concrete
Roof: Shingle - Asphalt
Seasonal: No
Heating: Oil | Baseboard | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Telephone Available
Electric Meters:
Water: Public
Sewer: Public
Land Information
City Lot
Lot size: 0.13 acres
Zoned: Residential)
Surveyed: Unk
Flood Zone: No
Driveway: Gravel
Additional Information
Taxes $4,153
Assesed Value Not Reported
Schools

© 2000-2025 Big Green Real Estate
NEREN Logo
5 Old Nugget Alley, Hanover, NH 03755 603-643-3942

Big Green Real Estate is not affiliated with nor officially sanctioned by Dartmouth College

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 April 4th, 2025

PLEASE NOTE: Both New Hampshire and Vermont law require brokers and agents to disclose at the “time of first business meeting, prior to any discussion of confidential information”, in New Hampshire’s case, and “first reasonable opportunity”, in Vermont’s case, the nature of the relationships brokers have or may have with customers and clients. Each state requires that a disclosure form be presented to consumers for their review and acknowledgment at the appropriate time. These forms can be accessed at the following websites and you are encouraged to read these documents.Big Green Real Estate chooses as a business model to represent both buyers and sellers; please do not assume, without any contractual agreement otherwise, that Big Green Real Estate at this time represents your interests as an agent.
VT: VERMONT REAL ESTATE COMMISSION MANDATORY CONSUMER DISCLOSURE FORM
NH: NEW HAMPSHIRE REAL ESTATE COMMISSION BROKERAGE RELATIONSHIP DISCLOSURE FORM