Do Real Estate on the Go!
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Listed by: Betsy Adamovich | Real Broker LLC (855) 450-0442
$424,500
-- Bed
- -- Bath
2,250sqft
52 Chestnut Ave, Rutland City, VT 05701
$424,500
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Multi Family
Built in 1899
$-- HOA
5,663 sqft lot
$189/sq.ft
Description
CORRECTED FINANCIALS: $68,400 gross annual income, net operating income of $53,731, 12.64% cap rate at the asking price.
Your next high-performing asset is here. This rare multi-unit property offers five income-producing units in a desirable location within walking distance to downtown Rutland, public transportation, restaurants, retail, and essential services. With strong rental demand and a limited vacancy history, the property is positioned to remain a reliable performer across market cycles.
The building consists of one 2-bedroom unit, three 1-bedroom units, and one studio, appealing to a broad tenant base including professionals, students, and long-term local rente...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1899
HOA Fees
-
Finished Area
2,250 sqft
Lot Size
5,663 sqft lot
Basement Area
- sqft
MLS Name
NEREN/Prime MLS
MLS Number
5071953
MLS Status
(10) Active - Active
Days on Market
94
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