43 Summer - Rutland City, Vermont

Agency/Brokerage: Betsy Adamovich, Real Broker LLC

Investment Opportunity: 8-Unit Multifamily in Rutland City Don t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

$479,000.00
  • MLS Number: 5017747
  • Size: Approx 3896 Sq Feet
  • Lot Size: 0.11 Acres
  • Basement: Yes
  • Year built: 1860
    Sewer:
  • Public
Rental Unit Information:

Number of Units: 8

    Unit 1:
  • Bedrooms: 1
  • Bathrooms: 1
    Unit 2:
  • Bedrooms: 1
  • Bathrooms: 1
    Unit 3:
  • Bathrooms: 1
    Unit 4:
  • Bathrooms: 1
    Unit 5:
  • Bathrooms: 1
    Unit 6:
  • Bathrooms: 1
    Unit 7:
  • Bathrooms: 1
    Unit 8:
  • Bathrooms: 1
Copyright 2024 PrimeMLS, Inc. All rights reserved. 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 12-26-2024

43 Summer
Rutland City, Vermont

For More Information Contact

John Colvin
BROKER, REALTOR®, MLS, CIBOR
Office: 802-438-9900
Mobile: 802-236-5777
Fax: 802-438-9900