Excellent 12.35% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity awaits! This 6-unit multifamily property offers six (6) 2-bedroom, 1-bath units featuring open-concept floor plans designed for comfortable, efficient living. Tenants are responsible for their own electric, helping to keep operating costs low and returns strong. With $91,200 in gross annual income, the property benefits from a walkable Rutland City location, just minutes from downtown, public transportation, dining, retail, and everyday conveniences, supporting steady demand and reliable occupancy. For investors seeking scale, 15 Kingsley is an adjacent property with a similar footprint, creating a compelling opportunity to acquire neighboring assets and maximize operational efficiencies. Ideal for both seasoned investors and those expanding their portfolios, this multifamily asset delivers solid in-place income with long-term upside in a resilient Vermont rental market.
Active
Listed by:
Betsy Adamovich,
Real Broker LLC 855-450-0442
$599,000
17 Kingsley Court, Rutland City, VT 05701
12beds
6baths
3,363sqft
Est.:
Multi Family
Built in 1968
-- sqft lot
$-- Zestimate®
$178/sqft
$-- HOA
What's special
Open-concept floor plans
- 7 days |
- 270 |
- 17 |
Zillow last checked: 8 hours ago
Listing updated: February 03, 2026 at 10:44am
Listed by:
Betsy Adamovich,
Real Broker LLC 855-450-0442
Source: PrimeMLS,MLS#: 5075584
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Heating
- Kerosene, Forced Air
Cooling
- None
Features
- Flooring: Vinyl
- Has basement: No
Interior area
- Total structure area: 3,363
- Total interior livable area: 3,363 sqft
- Finished area above ground: 3,363
- Finished area below ground: 0
Property
Parking
- Parking features: Shared Driveway, Paved, Off Street
Features
- Levels: 3
Lot
- Size: 7,405.2 Square Feet
- Features: City Lot
Details
- Parcel number: 54017012975
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Brick Exterior, Vinyl Siding
- Foundation: Concrete Slab
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1968
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Phone Available
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $178/sqft
- Tax assessed value: $166,500
- Annual tax amount: $6,794
- Date on market: 2/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2026 | Listed for sale | $599,000+7%$178/sqft |
Source: | ||
| 5/6/2024 | Listing removed | -- |
Source: | ||
| 3/12/2024 | Listed for sale | $560,000$167/sqft |
Source: | ||
| 12/30/2023 | Listing removed | -- |
Source: | ||
| 9/27/2023 | Listing removed | $560,000$167/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $166,500 |
| 2023 | -- | $166,500 |
| 2022 | -- | $166,500 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,998/mo
Principal & interest
$2860
Property taxes
$928
Home insurance
$210
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.2 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.2 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Rutland Town School
- Middle: Rutland Middle School
- High: Rutland Senior High School
- District: Rutland City School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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