Great Investment Opportunity! This completely renovated four-unit multifamily property offers an excellent opportunity for investors seeking strong cash flow and solid income potential. The property features two one-bedroom units and two two-bedroom units, with extensive renovations throughout, including new siding and windows. Currently generating strong cash flow with a cap rate exceeding 12% at the asking price, this property is an attractive addition to any investment portfolio.
| MLS # | 5108896 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | (10) Active - Active |
| Year | 1884 |
| Days On Site | 27 |
| Listing Provided By | Watson Realty & Associates | Mohammad Kalil |
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential |
| Acreage | 0.35 |
| Cooling | None |
|---|---|
| Heating | Oil, Baseboard, Hot Air |
| Roof | Shingle |
|---|---|
| Construction Materials | Wood Frame, Aluminum Siding |
| Foundation Details | Stone |
| Lot Features | City Lot, Level, Sidewalks, Street Lights, Near Public Transit, Near Hospital |
| Garage Yes / No | No |
|---|
| Utilities | Propane |
|---|---|
| Electric | Circuit Breakers |
| Sewer | Public |
| Tax Annual Amount | 6543 |
|---|---|
| Tax Year | 2027 |
| State | VT |
|---|---|
| County | Rutland |
| City | Rutland City |
| Zip Code | 05701 |
| Area | VT Rutland |
| Listing VS Median (in 05701) | |
Price: $399,000 low | high Med: $101,899 On site: 27 low | high Med: 454 | |
| State | VT |
|---|---|
| County | Rutland |
| City | Rutland City |
| Zip Code | 05701 |
| Area | VT Rutland |
| Listing VS Median (in 05701) | |
Price: $399,000 low | high Med: $101,899 On site: 27 low | high Med: 454 | |