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Monthly Estimate*
$ 2,445
RUTLAND CITY, VT - This well-maintained four-unit property offers excellent rental history and strong cash flow, making it a smart choice for investors. Positioned on a corner lot, it's conveniently close to public transportation, enhancing tenant appeal. The building features spacious 9-foot ceilings on the first floor and includes energy-efficient minisplit heat pumps in two of the four units. Additional income is provided by a large 2.5-story garage on the property, currently rented monthly. As the city pushes for more housing, this huge garage would be a fantastic candidate for an accessory dwelling unit conversion! The cap rate on this property with the new rents is 11.8% at asking price! This investment opportunity combines practicality with profitability in a sought-after location. See it for yourself today!
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162 State Street, Rutland City, VT, 05701 is a Multi-Family Home for sale at $350,000 with 5,260 sqft and a lot size of 0.17. 162 State Street has 7 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 05701 which is in Rutland City, VT
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