260 Business route 4 Street, Rutland, VT 05701

Rutland
Local realty services provided by:ERA Key Realty Services
260 Business route 4 Street,Rutland Town, VT 05701
$1,140,000
  • - Beds
  • 14 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: mike kalil
Office: watson realty & associates802-773-3500
MLS#:5067282
Source:PrimeMLS

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Price summary

  • Price:$1,140,000

About this home

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 .

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Home facts

  • Year built:1987
  • Listing ID #:5067282
  • Added:296 day(s) ago
  • Updated:August 18, 2026 at 06:37 AM

Rooms and interior

  • Total bathrooms:14
  • Full bathrooms:14
  • Basement Description:Interior, Unfinished

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1987
  • Levels:2 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$1,140,000
  • Tax amount:$11,647 (2026)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Gravel Driveway
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. 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 August 18, 2026

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