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$5,984,000
12 Days On Site
35 Evergreen StreetRutland City, VT 05701
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
2,500
SqFt
$2,394
/SqFt
1900
Built
County:
VT-Rutland
Listing courtesy of Mike Kalil of Watson Realty & Associates
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Great opportunity for investors, A package of 88 rental units , Consists of 25 multifamily buildings, all in Rutland City in close proximity to each other, All units have certificate of occupancies, Great rental history, This property produces over $1,300,000 in gross rent, The net cap rate is over 14% , The net income is over $900,000 per year, Not including management fee or vacancy rates, The current owner have owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency .
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Listing Snapshot
Price
$5,984,000
Days On Site
12 Days
Bedrooms
N/A
Inside Area (SqFt)
2,500 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.25 Acres
Year Built
1900
MLS® Number
5027458
Status
Active
Property Tax
$5,451
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
General Features
Acres
0.25
Number Of Stories
2
Parking
Gravel
Property Sub Type
Multi Family
Sewer
Public Sewer
SqFt Above
2500
SqFt Total
3700
Style
Multi-FamilyOther
Utilities
Cable Available
Water Source
Public
Zoning
Residential
Interior Features
Basement
Full
Heating
Baseboard
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Exterior Features
Roof
Shingle
Listing courtesy of Mike Kalil of Watson Realty & Associates
Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-02-05 04:41 AM UTC
Copyright 2025, PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2025-02-05 04:41 AM UTC
Neighborhood & Commute
Source: Walkscore
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