Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th.
Closed
Listed by:
Mark E Triller,
Real Broker LLC 855-450-0442
Bought with: Real Broker LLC
$264,000
40 Cottage Street, Rutland City, VT 05701
6beds
4,480sqft
Multi Family
Built in 1909
-- sqft lot
$259,600 Zestimate®
$59/sqft
$1,032 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: May 31, 2025 at 03:13am
Listed by:
Mark E Triller,
Real Broker LLC 855-450-0442
Bought with:
Peggy Steves
Real Broker LLC
Source: PrimeMLS,MLS#: 5035840
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Hot Water
Cooling
- None
Features
- Basement: Bulkhead,Unfinished,Walk-Up Access
Interior area
- Total structure area: 5,820
- Total interior livable area: 4,480 sqft
- Finished area above ground: 4,480
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Features
- Levels: Two
Lot
- Size: 6,534 sqft
- Features: City Lot, Corner Lot, Near Shopping, Near Public Transit, Near Railroad
Details
- Parcel number: 54017012689
- Zoning description: RESD1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1909
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available
Community & neighborhood
Location
- Region: Rutland