Listing Provided by:
Real Broker LLC
Phone: 802-613-0729
Agent: KC Gandee
**Turn Key Buy and Hold Investment in Rutland City!** Looking for a solid buy-and-hold in Rutland City? This is it. This meticulously maintained multi-family has been extensively updated since 2020 and is ready for its next owner, including: - New electrical panel (2022) - Plumbing and electrical updates (2020) - New oil tank (2024) - New chimney (2021) - Complete remodel, including a new kitchen in Apartment 2 (2021) - New appliances (2020) - New deck (2022) - New boiler to be installed before close (2026) Each unit offers 2 bedrooms and 2 baths with generous living space, a private deck, and off-street parking. A barn/outbuilding on the property provides extra storage, currently used by the Apartment 1 tenant. With a flawless occupancy history and a prime location close to schools, parks, and downtown Rutland, this property offers long-term stability for any investor. It's currently producing a 4% CAP rate ? and with rents still priced below market, there's built-in upside from day one. Move in ready as-is, or unlock even more value: convert to cold-climate heat pumps and pass energy costs on to tenants, a strategy with the potential to boost the CAP rate to 5.5%. Don't miss this rare opportunity to add a stable, updated multi-family to your portfolio.
Listed By
Broker Name: Real Broker LLC
Agent Name: KC Gandee
Broker Phone: 802-613-0729
Shown By
Agent Name: Keegan Rice
Agent Phone: Cell: (603) 348-7261
Broker Title: Badger Peabody & Smith Realty
Estimated Payment
$ 1,814.02 per month $1,273.94 Principal & Interest $464.25 Property Tax $75.83 Homeowner's InsuranceSource: Delta Media Group, Inc.
Send an email with a link to
84 Crescent Street, Rutland City, VT 05701.
Thank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
We would like to provide you a free, no-obligation, home loan pre-approval review.
If the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login