Great opportunity for investors, A package of 60 rental units , Consists of 13 multifamily buildings, all in Rutland City in close proximity to each other, All units have certificate of occupancies, Great rental history, This property produces over $873k in gross rent, The net cap rate is over 14.5% , The net income is over $596k per year, Not including management fee or vacancy rates, The current owner have owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency .
Pending
Listed by:
Miffy Liao,
Watson Realty & Associates 802-773-3500
$4,080,000
35 Evergreen Street, Rutland City, VT 05701
--beds
--baths
2,500sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$1,632/sqft
$-- HOA
What's special
- 102 days
- on Zillow |
- 28 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 12, 2025 at 07:08am
Listed by:
Miffy Liao,
Watson Realty & Associates 802-773-3500
Source: PrimeMLS,MLS#: 5028938

Travel times
Facts & features
Interior
Heating
- Baseboard, Forced Air
Cooling
- None
Features
- Basement: Full,Interior Entry
Interior area
- Total structure area: 3,700
- Total interior livable area: 2,500 sqft
- Finished area above ground: 2,500
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
- Frontage length: Road frontage: 100
Lot
- Size: 0.25 Acres
- Features: City Lot
Details
- Parcel number: 54017011380
- Zoning description: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame
- Foundation: Fieldstone
- Roof: Shingle - Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable, Phone, Internet - Cable
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $1,632/sqft
- Tax assessed value: $140,700
- Annual tax amount: $5,877
- Date on market: 2/10/2025
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