$319,000 $90 per sq.ft. Rutland City VT Multi Family »

Number of Units 4   Total Sq. Ft. 3558  |  Acres: 0.13
Tuesday Jun 25, 2024
Description: Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start investing in real estate, 33 Summer Street presents a promising opportunity. Don't miss out on this excellent investment with great potential for steady rental income. See MLS Property & Listing Details & 34 images.

$325,000 $108 per sq.ft. Rutland City VT Multi Family »

Number of Units 5   Total Sq. Ft. 3018  |  Acres: 0.21
Monday Jul 22, 2024
Description: Great investment opportunity, 5 rental units,3 one bedroom and 2 two bedrooms on a lot with plenty of parking , gross yearly income is $54,000 with potential for more, expenses $ 22418, net yearly income is just over $31K rents are somewhat bellow market value, low expenses this building has been maintained well. See MLS Property & Listing Details & 3 images.

$347,000 $107 per sq.ft. Rutland City VT Multi Family »

Number of Units 4   Total Sq. Ft. 3243  |  Acres: 0.25
Monday Oct 28, 2024
Description: Convenient Route 7 location on a corner lot with plenty of parking and Gateway Business II zoning. 211 feet of frontage with 114 feet on Route 7. Four-unit building as follows: ground floor, currently office space, approx 1300 sf, lots of windows, 2 petitioned offices, half bath, kitchen, has been a retail store front previously, currently owner occupied. Second floor has a 2 Br apartment with hardwood flooring, decorative fireplace and long term tenant with lease. Also on this level, an efficiency apartment updated Dec 2021 and under lease. Entire 3rd floor is a 1 br apartment, good condition, great deck with views, long term tenant with lease. Heating units are separate for all units. LLC Member (owner) is a VT Licensed Real Estate broker. See MLS Property & Listing Details & 23 images.

$348,000 $111 per sq.ft. Rutland City VT Multi Family »

Number of Units 4   Total Sq. Ft. 3139  |  Acres: 0.17
Wednesday Mar 13, 2024
Description: RUTLAND CITY, VT - This well-maintained four-unit property offers excellent rental history and strong cash flow, making it a smart choice for investors. Positioned on a corner lot, it's conveniently close to public transportation, enhancing tenant appeal. The building features spacious 9-foot ceilings on the first floor and includes energy-efficient minisplit heat pumps in two of the four units. There is potential for more income provided by a large 2.5-story garage on the property, that was previously rented monthly. As the city pushes for more housing, this huge garage would be a fantastic candidate for an additional unit conversion! The cap rate on this property is over 10% at asking price. This investment opportunity combines practicality with profitability in a sought-after location. See it for yourself today! See MLS Property & Listing Details & 23 images.

$369,000 $83 per sq.ft. Rutland City VT Multi Family »

Price Change! Reduced by $30,000 down 8% on October 11th 2024
Number of Units 4   Total Sq. Ft. 4460  |  Acres: 0.24
Tuesday Oct 1, 2024
Description: A GREAT TWO PROPERTY INVESTMENT OPPORTUNITY! Two properties are for sale; a 4 bed, 2 bath Single Family and a 3 unit Multi-Family. These two properties are located on one .24 acre City lot with strong positive cash flow and net income over $39,000. When you visit, you'll see a complete renovation of 94 South Main Street of: windows, doors, paint, flooring, bathroom, kitchen, appliances, and more; where the tenants pay their own: heat, electric, water/sewer, and internet. 2 Jackson Avenue has 2 renovated apartments, with newer appliances, flooring, doors, painting, and so much more. Both properties have newer roofs (2018) and newer boilers (2019) along with a newer oil tank (2019) at 2 Jackson Avenue. There's newer windows in both buildings replaced between 2018-2020. Gutters were added, and a deck replaced at 2 Jackson Ave. Only 3 blocks from White's Pool and Recreation Park. Only 4 minutes to RRMC or to Downtown shopping, dining and entertainment. Clean, well maintained, many upgrades, with little else to do but enjoy the income stream. Showings begin this Saturday 10/5/24 This opportunity won't last long! See MLS Property & Listing Details & 37 images.

$395,000 $158 per sq.ft. Rutland City VT Multi Family »

Number of Units 3   Total Sq. Ft. 2499  |  Acres: 0.22
Thursday Oct 3, 2024
Description: Three unit apartment house. Units consist of a two+ bedrooms, a two bedroom and a one bedroom. Corner lot. Rents are below market value. Tenants are month to month. The two+ apartment is presently vacant. One car garage. Showing to start October 7 See MLS Property & Listing Details & 26 images.

$425,000 $145 per sq.ft. Rutland City VT Multi Family »

Price Change! Reduced by $10,000 down 2% on October 17th 2024
Number of Units 5   Total Sq. Ft. 2936  |  Acres: 0.17
Wednesday Sep 11, 2024
Description: Immaculate, renovated, 100% occupied, high cash-flow 5-unit multi-family, priced to sell at an "as is" at a 12% cap. The building has been professionally managed with no deferred maintenance and is in mint condition. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers. This allows a new owner to realize significant returns from cash-flow vs speculation. With a Net Operating Income of $50K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents, and the property is rarely vacant. 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. Reach out directly for walkthrough videos. 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 See MLS Property & Listing Details & 17 images.

$479,000 $123 per sq.ft. Rutland City VT Multi Family »

Number of Units 8   Total Sq. Ft. 3896  |  Acres: 0.11
Tuesday Oct 8, 2024
Description: Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential. See MLS Property & Listing Details & 25 images.

$435,000 $128 per sq.ft. Village of Cuttingsville in Town of Shrewsbury VT Multi Family »

Price Change! Reduced by $90,000 down 21% on September 5th 2024
Waterfront on River Mill River
Number of Units 2   Total Sq. Ft. 3396  |  Acres: 1.1
Saturday Mar 23, 2024
Description: Circa 1850 stately Colonial featuring both front and back two-story units, each with unique character. The front unit, the smaller of the two, offers two bedrooms and a full bath on the second floor and an eat-in kitchen and a spacious living room adorned with original hardwood floors and elegant pocket doors on the main floor.The back unit presents four bedrooms and two full baths, showcasing exquisite period details throughout, including hardwood floors, a beautiful stained glass window, curved plaster walls, and an ornate fireplace (currently sealed) in the parlor. The renovated eat-in kitchen is complemented by a charming butler's pantry complete with original cabinetry. The comfortable family room leads to a deck overlooking the expansive flat backyard, bordered by the Mill River. The property also has a workshop and ample parking. Its location in the small village of Cuttingsville offers the convenience of quick access to Rutland for shopping, airport facilities, and medical services, while still being just minutes away from many recreational opportunities, including skiing, golfing, and hiking. Whether you choose to live in one unit and rent the other, or utilize both as income-generating rental units, this distinctive residence offers a truly unique opportunity to experience the best of Vermont living. See MLS Property & Listing Details & 43 images. Includes a Virtual Tour

$275,000 $110 per sq.ft. Springfield VT Multi Family »

Number of Units 2   Total Sq. Ft. 2496  |  Acres: 0.13
Monday Aug 26, 2024
Description: Open House on September 7 from 12 - 2 PM. On the corner of Union St. and Craigue Hill Rd in the charming town of Springfield, VT, this versatile duplex is a prime investment opportunity. Featuring two spacious 2-bedroom apartments each with a separate bonus room, separate electric meter and fully applianced kitchens, this home offers both comfort and convenience. The units are currently rented to reliable tenants, providing immediate income stability. A bonus studio office space separate from the two units, adds flexibility for work-from-home needs or potential additional rental income. The property has an easy-access paved flat driveway with a large parking area, ensuring easy parking for tenants and visitors alike. A newly installed roof (just 2 years old) and several recent updates enhance the property's appeal and reduce future maintenance concerns. With all utility costs and recent improvements readily available and tenants already in place, this is a turnkey investment in a desirable location. Don't miss out on this opportunity to own a well-maintained property in Springfield! See MLS Property & Listing Details & 40 images.

$285,000 $116 per sq.ft. Springfield VT Multi Family »

Price Change! Reduced by $14,900 down 5% on October 24th 2024
Number of Units 2   Total Sq. Ft. 2450  |  Acres: 0.21
Thursday Jul 25, 2024
Description: Motivated Seller! Welcome to this charming multi-family gem that's just waiting for its newest residents or an investor looking to capitalize on a fantastic rental opportunity! This property offers six cozy bedrooms and two well-appointed bathrooms, providing ample space for comfort and privacy. Nestled in the heart of a community-rich neighborhood, the house is merely a stone's throw from Springfield High School, ideal for families valuing education within walking distance. For outdoor enthusiasts or those who fancy a picnic, Springfield Parks & Recreation offers lush greenery and well-maintained facilities less than half a mile away. Health concerns? Fear not! Springfield Hospital is just around the corner ensuring peace of mind for both routine check-ups and unexpected needs. This residence touts itself as a turnkey solution with excellent net income potential. For those with a visionary eye, the layout allows for a transformation into a single-family residence, offering flexibility depending on your needs. The promise of quality construction here means fewer headaches down the road, allowing more time to enjoy the nearby perks or simply revel in the quiet ambiance of the neighborhood. This multi-family home isn't just a place to live; it's a launchpad for lifestyle opportunities. Whether you're looking to nestle into a new family home or seeking a smart investment, look no further. Ready, set, thrive! See MLS Property & Listing Details & 16 images.

$340,000 $83 per sq.ft. Springfield VT Multi Family »

Number of Units 5   Total Sq. Ft. 4077  |  Acres: 0.3
Wednesday Oct 30, 2024
Description: ATTENTION INVESTORS 5 UNITS PLUS 3 GARAGE SPACES. 3- 2 BR's, 1- 3 BR's UNIT and 1- 1BR's UNIT. ACTUAL CAP RATE 11.55%, PROFORMA CAP 14.29%. SHOWING APPOINTMENTS REQUIRE 48 HOUR NOTICE TO TENANTS. See MLS Property & Listing Details & 3 images.

$250,000 $101 per sq.ft. St. Johnsbury VT Multi Family »

Price Change! Reduced by $10,000 down 4% on September 18th 2024
Number of Units 3   Total Sq. Ft. 2476  |  Acres: 0.3
Monday Sep 16, 2024
Description: 3-unit residential apartment building on a large lot. Ample parking and space for outdoor activities. Large detached garage is insulated, heated and has been used for commercial purposes by current and past owners. Apartments are in good condition. Long-term tenants, including one who has lived there for 30 years. Brand-new propane boiler and hot water heater. See MLS Property & Listing Details & 14 images.

$279,000 $66 per sq.ft. St. Johnsbury VT Multi Family »

Number of Units 5   Total Sq. Ft. 4200  |  Acres: 0.19
Wednesday Jul 10, 2024
Description: 5 units fully rented. Long term tenants. Easy walking to stores. Town inspected. Tenants pay electric, tv, owner pays heat, water/sewer, snow removal, lawn care and trash. See MLS Property & Listing Details & 4 images.

$279,900 $118 per sq.ft. St. Johnsbury VT Multi Family »

Price Change! Reduced by $50,000 down 18% on October 1st 2024
Number of Units 3   Total Sq. Ft. 2382  |  Acres: 0.14
Wednesday Jan 10, 2024
Description: This is the perfect chance to own a very well maintained three unit in a prime location of St J! Units one and two have been renovated within the past two years along with major systems being addressed with: new water heaters, new roof, and new furnace in the past 2-3 years. On top of the big ticket items being updated the property is primarily maintained by one of the tenants meaning there is no need for any outside services for the day to day to operations of the building i.e. lawncare, snow removal, and minor repairs. Tenants are all current and in very good standing. See MLS Property & Listing Details & 10 images.