BEDS4
BATHS2 full
SQUARE FEET1,676
MLS#5108453
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLRutland City
Listing Courtesy of:
Real Broker LLC
Agency Phone: 802-613-0729
Associate Name: Hayley Santopolo
Property Description
Turnkey Two-Unit Multifamily Investment Opportunity in Rutland City! Welcome to 12 Chaplin Ave, a beautifully renovated two-unit multifamily property offering an excellent opportunity for investors or owner-occupants alike. Thoughtfully renovated down to the studs between 2019 and 2020, this property underwent extensive improvements including exterior wall insulation, updated electrical and plumbing, new drywall, flooring, cabinets, appliances, fixtures, and extensive roof repairs to both the asphalt shingle and slate roofing. The property features two well-maintained units, including a comfortable studio apartment and a spacious three-bedroom apartment. Each unit has its own washer and dryer, providing added convenience for tenants. Both units are occupied by long-term tenants, with one tenant in place for approximately five years and the other for more than two years. This is a truly turnkey investment, with tenants responsible for their own heat and electricity, helping to keep owner operating expenses manageable. With strong rental income and an approximate 10% cap rate at the asking price, 12 Chaplin Ave presents an attractive opportunity for an investor looking for immediate income potential with significant renovations already completed. A solid combination of updated systems, long-term tenancy, separate utilities, and strong income makes this a multifamily property worth a closer look.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Concrete Floor, Dirt Floor, Partial, Walkout, Exterior Access
Cooling: None
Heating: Propane, Baseboard, Hot Air, Multi Zone
Home Style: Multi-Family
Lot Size: 0.11 Acres
Roof Type: Asphalt Shingle, Slate
Stories: 2.0
Taxes: $3,661
Year Built: 1930
Units
Unit 1:
Bathroom(s): 1
Bedrooms: 3
Rent: $1375.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1025.00
Amenities
Covered Porch
Feature Descriptions
Color: Blue
Construction: Wood Frame, Vinyl Siding
Days on Site: 10
Driveway: Gravel
Driveway: Gravel
Electric: 200+ Amp Service, Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Flooring: Carpet, Laminate, Tile
Foundation: Brick, Concrete, Fieldstone
Foundation: Brick, Concrete, Fieldstone
Lot: City Lot, In Town, Near Shopping, Near Public Transport, Near Hospital, Near School(s)
Roads: Paved, Public Maintained Road
Sewer: Public Sewer at Street
Sq. Ft. Total Finished: 1676
Total Stories: 2
Units: 2
Water: Public Water at Street
Zoning: Mixed Residential
Local Schools
High School: Rutland Senior High School
Middle School: Rutland Intermediate School
Elementary School: Rutland Northeast Primary Sch
School District: Rutland City
Listed By / Shown By
Listed By
Agency Name: Real Broker LLC
Agent Name: Hayley Santopolo
Agency Phone: 802-613-0729
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 884.05 per month $511.88 Principal & Interest $305.08 Property Tax $67.08 Homeowner's Insurance
Listing data compilation and photo(s) 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, 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 2026-09-14 23:32:57 
12 Chaplin Avenue | MLS# 5108453
This multi-family property located at 12 Chaplin Avenue, Rutland City, VT 05701 is currently listed for sale with an asking price of $230,000. Chaplin Avenue is located within the Rutland City school district. Search Rutland City real estate on www.masiellogrouprealestate.com today.