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Listed by: Mohammad Kalil | Watson Realty & Associates (802) 773-3500
$400,000
-- Bed
- -- Bath
3,000sqft
44 Baxter St, Rutland City, VT 05701
$400,000
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Multi Family
Built in 1915
$-- HOA
2,614 sqft lot
$133/sq.ft
Description
High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont
This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment.
Property Overview
6 total units
5 one-bedroom apartments
1 efficiency unit
Mostly updated interiors
New vinyl siding & new windows
Well-maintained building with no capital needs
Financial Performance
Gross Annual Income: $81,252
Annual Operating Expenses: $24,841
(Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include manag...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1915
HOA Fees
-
Finished Area
3,000 sqft
Lot Size
2,614 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5075867
MLS Status
(10) Active - Active
Days on Market
39
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