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Listed by: Mohammad Kalil | Watson Realty & Associates (802) 773-3500
$1,260,000
Monthly Est:$6,271
-- Bed
-- Bath
12,500sqft
260 Business Route 4 St, Center Rutland, VT 05736
$1,260,000
$6,271/moEst:
Get Pre-Approved
Multi Family
Built in 1987
$-- HOA
1.22 acres lot
$101/sq.ft
Description
Great investment opportunity, Well maintained property in Rutland town ( Center Rutland) this property consists of two buildings, Front building with 10 units and the back building is 4 units , Total of 14 units all one bedroom apartments, Sits on a large parcel over 1.20 +- Acres , Plenty of parking with a loop driveway Convenient for tenants, Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows
Gross revenues $197, 400 A year With expenses just around $60,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above 10.8%
This property is offered with another 14 unit property in Castleton ($1,260,000) as 28 units package
11 units are occupied currently the other 3 are in transition .
Two Heating boilers service the front building and one boiler Services the back building.
His property is convenient to the city amenities .
- Houzeo last checked: 12 hours ago
- Listing updated: June 18, 2026 at 11:13 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5067282
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1987
HOA Fees
-
Finished Area
12,500 sqft
Lot Size
1.22 acres lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5067282
MLS Status
(31) Under Contract - Active Under Contract
Days on Market
349
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Public Sewer
Cooling
None
Heating
Baseboard
Construction
Year Built
Year Built: 1987
Home type
Multi Family
Foundation Details
Concrete
Property Condition
Existing
Roof
Asphalt Shingle
Construction Materials
Wood Frame, Vinyl Siding
Architectural Style
Multi Family
Utilities & Energy
Water Source
Public
Electric
Circuit Breakers
Utilities
Cable, Phone Available
Basement
Unfinished
Other Features
Lot Features
Country Setting, Landscaped
Price History
| Date | Event | Price |
|---|---|---|
06/18/2026 Source: | Contingent (Active Under Contract) | $1,260,000 $101/sqft |
11/02/2025 Source: | Listed for Sale | $1,260,000 $101/sqft |
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Based on information from PrimeMLS Inc. through Oct 09, 2026, 02:32PM. This display of listings may or may not be the entire Compilation from the PrimeMLS database, and PrimeMLS does not guarantee the accuracy of such information. The listing broker's offer of compensation is made only to other real estate licensees who are participant members of PrimeMLS. 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, non- commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated Oct 09, 2026, 02:32PM. © 2026 PrimeMLS, Inc. All Rights Reserved.
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