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  • Listed by: 

    Betsy Adamovich,

    Real Broker LLC 855-450-0442

    $665,000

    37 Killington Avenue, Rutland City, VT 05701

    14beds
    8baths
    5,836sqft
    : 
    Multi Family
    Built in 1988
    -- sqft lot
    $-- Zestimate®
    $114/sqft
    $-- HOA

    What's special

    Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.
    20 days
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    754
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    32
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    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#: 5075585MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 8
    Heating
    • Oil, Baseboard, Hot Water
    Cooling
    • None
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Unfinished,Interior Entry
    Interior area
    • Total structure area: 7,516
    • Total interior livable area: 5,836 sqft
    • Finished area above ground: 5,836
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Patio & porch: Porch
    Lot
    • Size: 0.33 Acres
    • Features: City Lot
    Details
    • Parcel number: 54017012690
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Vinyl Siding
    • Foundation: Brick, Stone
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1988

    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: $114/sqft
    • Tax assessed value: $306,800
    • Annual tax amount: $12,519
    • Date on market: 2/3/2026
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/3/2026Listed for sale$665,000+2.3%$114/sqft
    Source: PrimeMLS #5075585 Report a problem
    8/14/2025Listing removed$1,400
    Source: PrimeMLS #5055002 Report a problem
    8/6/2025Listed for rent$1,400
    Source: PrimeMLS #5055002 Report a problem
    5/6/2024Listing removed--
    Source: PrimeMLS #4987685 Report a problem
    3/12/2024Listed for sale$650,000$111/sqft
    Source: PrimeMLS #4987685 Report a problem
    12/30/2023Listing removed--
    Source: PrimeMLS #4971738 Report a problem
    9/27/2023Listing removed$650,000$111/sqft
    Source: PrimeMLS #4971738 Report a problem
    9/27/2023Listed for sale$650,000+146.2%$111/sqft
    Source: PrimeMLS #4971738 Report a problem
    2/14/2022Sold$264,000+76%$45/sqft
    Source: Public Record Report a problem
    3/18/2002Sold$150,000$26/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $306,800
    2023-- $306,800
    2022-- $306,800
    2021-- $306,800
    2020-- $306,800
    2019-- $306,800
    2018-- $306,800
    2017-- $306,800
    2016-- $306,800 +9900%
    2015-- $3,068
    2014-- $3,068
    2013-- $3,068
    2012-- $3,068
    2011-- $3,068
    2010-- $3,068
    2009-- $3,068
    2008-- $3,068
    2007-- $3,068

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,460/mo
    Principal & interest
    $3429
    Property taxes
    $1031

      Climate risks

      Neighborhood: Rutland City

      Nearby schools

      GreatSchools rating
      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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