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43 Summer Street, Rutland City, VT 05701

$449,000
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Active Under Contract
BEDS8 BATHS8 full SQUARE FEET3,896 MLS#5081739
STATUSActive Under Contract PROPERTY TYPEMulti Unit - Multiple

Listing Courtesy of: Real Broker LLC
Agency Phone: 855-450-0442
Associate Name: Betsy Adamovich
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Property Description

Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

43 Summer Street | MLS# 5081739

This multi-family property located at 43 Summer Street, Rutland City, VT 05701 is currently listed for sale with an asking price of $449,000. Search Rutland City real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Unfinished
Cooling: None
Heating: Oil, Forced Air
Home Style: Multi-Family
Lot Size: 0.11 Acres
Roof Type: Shingle
Stories: 2.0
Year Built: 1860

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 1
Rent: $650.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $725.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $900.00
Unit 4:
Bathroom(s): 1
Bedrooms: 1
Rent: $650.00
Unit 5:
Bathroom(s): 1
Bedrooms: 1
Rent: $750.00
Unit 6:
Bathroom(s): 1
Bedrooms: 1
Rent: $850.00
Unit 7:
Bathroom(s): 1
Bedrooms: 2
Rent: $1200.00
Unit 8:
Bathroom(s): 1
Rent: $900.00

Feature Descriptions

Construction: Wood Frame, Vinyl Siding
Construction Status: Existing
Days on Site: 17
Driveway: Dirt
Driveway: Dirt
Electric: Circuit Breaker(s)
Exterior: Wood Frame, Vinyl Siding
Flood Zone: No
Foundation: Stone
Foundation: Stone
Lot: City Lot, Sidewalks, Street Lights
Roads: Paved, Public
Sewer: Public
Sq. Ft. Above Grade Finished: 3896
Sq. Ft. Above Grade Unfinished: 535
Sq. Ft. Below Grade Unfinished: 2098
Sq. Ft. Total Finished: 3896
Total Stories: 2
Units: 8
Water: Public
Zoning: MR1

Listed By / Shown By

Listed By

Agency Name: Real Broker LLC
Agency Phone: 855-450-0442
Agent Name: Betsy Adamovich

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Estimated Payment

$ 1,130.24 per month $999.28 Principal & Interest $0.00 Property Tax (data not provided by mls) $130.96 Homeowner's Insurance

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