46 Terrill St, Rutland City, VT 05701

Description

Exceptional 13.8% cap rate! Fantastic Multi-Family Investment Opportunity in Rutland City. Well-located and recently renovated 6-unit multifamily property in Rutland City, now fully occupied. The building includes six 2-bedroom, 1-bath units and is positioned to generate $110,100 in annual gross income with a net operating income of $90,991 at current rents and expenses. At the current asking price, this equates to an approximate 13.8% cap rate, making this a standout opportunity for cash-flow-focused investors. Located within walking distance to downtown Rutland, the property benefits from strong rental demand thanks to easy access to public transportation, restaurants, ...