SQUARE FEET12,500
MLS#5067282
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Listing Courtesy of:
Watson Realty Associates
Agency Phone: 802-773-3500
Associate Name: Mike Kalil
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 .
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Cooling: None
Heating: Baseboard
Home Style: Multi-Family
Lot Size: 1.22 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $11,647
Year Built: 1987
Feature Descriptions
Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 142
Driveway: Gravel
Driveway: Gravel
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Concrete
Foundation: Concrete
Lot: Country Setting, Landscaped
Roads: Paved, Public
Sewer: Public
Sq. Ft. Above Grade Finished: 12500
Sq. Ft. Below Grade Unfinished: 2000
Sq. Ft. Total Finished: 12500
Total Stories: 2
Units: 14
Water: Public
Zoning: Residential
Listed By / Shown By
Listed By
Agency Name: Watson Realty Associates
Agency Phone: 802-773-3500
Agent Name: Mike Kalil
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
TOUR THIS HOME
Choose a date and time to see 260 Business Route 4 Street, Rutland Town, VT 05701.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 4,142.30 per month $2,804.21 Principal & Interest $970.58 Property Tax $367.50 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 2026-03-15 23:33:34 
260 Business Route 4 Street | MLS# 5067282
This multi-family property located at 260 Business Route 4 Street, Rutland Town, VT 05701 is currently listed for sale with an asking price of $1,260,000. Search Rutland Town real estate on www.masiellogrouprealestate.com today.