44 Baxter Street Rutland City, VT $ 400,000
44 Baxter Street
$ 400,000
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44 Baxter Street

Rutland City, VT, 05701
$ 400,000
Bedrooms6 Baths6.0 Sq 3,900

Monthly Estimate*

$ 2,463

Listed by Mike Kalil, Watson Realty & Associates, 802-773-3500, mike.kalilrealestate@gmail.com
44 Baxter Street, Rutland City, VT 05701 - Image 1
44 Baxter Street, Rutland City, VT 05701 - Image 2
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Multi-Family Home for sale in Rutland City, VT for $400,000 with 6 bedrooms and 6 full baths. This 3,900 square foot home was built in 1915 on a lot size of 0.06.

High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare opportunity to acquire a cash-flowing, stabilized multifamily asset with an exceptional return profile.

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Multi-Family Contingent

Price

$ 400,000

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

Multi-Family

Lot Size

0.06

Year Built

1915

Town/City

Rutland City

County/Region

RUTLAND

MLS | Web ID

5075867

Features
Interior
Basement Description Partially Finished
Basement Yes
Total Number of Units 6
Unit 4 Bedrooms 1
Total Full Baths 6
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General
Road Frontage Yes
Sewer Public
Heating Oil Baseboard
Cooling None
Utilities Phone
Roof Asphalt Shingle
Garage No
Flood Zone Yes
Zoning Residential
Year Built 1915
Electric Circuit Breaker(s)
Style Multi-Family
Stories Count 2.5
Construction Status Existing
Net Income 56411
Tax Year 2026
Gross Income 81252
Status Detail 1
Covenants No
Construction Materials Wood Frame
City Rutland City
Seasonal No
DOM 21
Price Per Sq Ft Total AG 102.56
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Exterior
Lot Features Corner
Driveway Gravel
Lot Size Area 0.06
Water Source Public
Foundation Concrete
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* Excluded Features
List By
Mike Kalil

Listing Agent

Watson Realty & Associates

Broker

(802) 773-3500

Phone

mike.kalilrealestate@gmail.com

Email

Affordability Calculator

$2,463
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
451920 Elementary School
452237 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/5/2026$400,000 Listed Price

Map


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44 Baxter Street, Rutland City, VT, 05701 is a Multi-Family Home for sale at $400,000 with 3,900 sqft and a lot size of 0.06. 44 Baxter Street has 6 bedrooms, 6.0 baths, and was built in 1915. The property's zip code is 05701 which is in Rutland City, VT