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  • Listed by: 

    Betsy Adamovich,

    Real Broker LLC 802-613-0729

    $479,000

    43 Summer Street, Rutland City, VT 05701

    8beds
    8baths
    3,896sqft
    : 
    Multi Family
    Built in 1860
    -- sqft lot
    $-- Zestimate®
    $123/sqft
    $-- HOA

    What's special

    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.
    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#: 5017747MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 43 Summer Street.

    Next available tour time:Today at 12:30pm

    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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