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Listed by: | Watson Realty & Associates (802) 773-3500
$1,260,000
-- Bed
-- Bath
12,500sqft
260 Business Route 4 St, Rutland Town, VT 05701
$1,260,000
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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...
- Houzeo last checked: 15 Minutes ago
- Listing updated: November 4, 2025 at 7:05 pm
- Source: NEREN/Prime MLS-NH | MLS#: 5067282
Property Details
Status
Active
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
(10) Active - Active
Days on Market
41
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