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.
Active
Listed by:
Betsy Adamovich,
Real Broker LLC 802-613-0729
$479,000
43 Summer Street, Rutland City, VT 05701
8beds
8baths
3,896sqft
Est.:
Multi Family
Built in 1860
-- sqft lot
$-- Zestimate®
$123/sqft
$-- HOA
What's special
- 232 days
- on Zillow |
- 109 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 07:23pm
Listed by:
Betsy Adamovich,
Real Broker LLC 802-613-0729
Source: PrimeMLS,MLS#: 5017747

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Oil, Forced Air
Cooling
- None
Features
- Basement: Partial,Unfinished,Interior Entry
Interior area
- Total structure area: 6,529
- Total interior livable area: 3,896 sqft
- Finished area above ground: 3,896
Property
Parking
- Parking features: Dirt
Features
- Levels: Two
Lot
- Size: 4,792 Square Feet
- Features: City Lot, Sidewalks, Street Lights
Details
- Parcel number: 54017012669
- Zoning description: MR1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Vinyl Siding
- Foundation: Stone
- Roof: Shingle
Condition
- New construction: No
- Year built: 1860
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Phone Available, High Speed Intrnt -Avail
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $165,700
- Date on market: 10/8/2024
- Road surface type: Paved
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