Share this with your friends
+18027720330
Real Broker LLC
260 Business Route 4th St, Rutland Town, VT 05701
- $1,140,000
- 12,500
- SqFt
Listing courtesy of Mohammad Kalil from Watson Realty & Associates. ()
Listing sold by from Longview Commercial Real Estate
- Sold Price
- $1,140,000
- List Price
- $1,260,000
- Status
- CLOSED
- MLS#
- 5067282
- Closing Date
- Aug 14, 2026
- Living Area
- 12,500
- Lot Size
- 53,143
- Acres
- 1.22
- Year Built
- 1987
Property 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 with another 14 unit property in Castleton ($1,260,000) as 28 units package 11 units are occupied currently the other 3 are in transition . Two Heating boilers service the front building and one boiler Services the back building. His property is convenient to the city amenities .
Additional Information
- Taxes
- $11,647
- Listing Agent
- Mohammad Kalil
- Listing Office
- Watson Realty & Associates
- Style
- Multi-Family
- Electric
- Circuit Breakers
- Utilities
- Cable Available, Phone Available
- Basement
- Unfinished
- Foundation
- Concrete
- Sewer
- Public Sewer
- Roof
- Asphalt
- Zoning
- Residential
- Water
- Public
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Copyright 2026 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, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .