Multi-Family for Sale: 43 Summer Street, Rutland City, VT 05701

8 beds
3,896 sqft
$479,000
$479,000
43 Summer Street, Rutland City, VT 05701
8 beds
3,896 sqft
$479,000
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Price:
$479,000
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Type Multi-Family
Style Multi-Family
Beds 8
Square Feet 3,896 sqft
Lot Size 0.11 acres
Year Built 1860
City Rutland City
County Rutland
MLS 5017747
Status Active
DOM 48 days
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.

Lot & Building Features

Utilities Cable - Available, Telephone Available
Construction Vinyl Siding, Wood Frame
Cooling None
Heating Forced Air
Sewer Public
Water Public
Basement Description Partial, Unfinished
Foundation Stone
Lot Description City Lot, Street Lights, Sidewalks
Roof Shingle
Garage No

Unit Features

Unit 1 Baths 1
Unit 1 Bedrooms 1
Unit 1 Rental Amount 650.00
Unit 1 Rental Amt Freq Monthly
Unit 1 Status Leased
Unit 2 Baths 1
Unit 2 Bedrooms 1
Unit 2 Rental Amount 725.00
Unit 2 Rental Amt Freq Monthly
Unit 2 Status Leased
Unit 3 Baths 1
Unit 3 Bedrooms 1
Unit 3 Rental Amount 900.00
Unit 3 Rental Amt Freq Monthly
Unit 3 Status Leased
Unit 4 Baths 1
Unit 4 Bedrooms 1
Unit 4 Rental Amount 650.00
Unit 4 Rental Amt Freq Monthly
Unit 4 Status Leased
Unit 5 Baths 1
Unit 5 Bedrooms 1
Unit 5 Rental Amount 750.00
Unit 5 Rental Amt Freq Monthly
Unit 5 Status Leased
Unit 6 Baths 1
Unit 6 Bedrooms 1
Unit 6 Rental Amount 850.00
Unit 6 Rental Amt Freq Monthly
Unit 6 Status Leased
Unit 7 Baths 1
Unit 7 Bedrooms 2
Unit 7 Rental Amount 1200.00
Unit 7 Rental Amt Freq Monthly
Unit 7 Status Leased
Unit 8 Baths 1
Unit 8 Bedrooms 0
Unit 8 Rental Amount 900.00
Unit 8 Rental Amt Freq Monthly
Unit 8 Status Leased
Unit 8 Style studio

Price History of 43 Summer Street, Rutland City, VT

Date Name Price Difference
10/08/2024 Listing Price $479,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 43 Summer Street, Rutland City, VT

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Photo of The Patey Team
Direct: 603-548-6392
Office
PO Box 316
Raymond, NH 03077
603-548-6392
Listed by Real Broker LLC, Betsy Adamovich
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6.75%
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43 Summer Street (MLS #5017747) is a multi-family listing located in Rutland City, VT. This multi-family listing is 3,896 sqft and on a lot of 4,792 sqft (or 0.11 acres) and is 164 years old. This property was listed on 10/08/2024 and has been priced for sale at $479,000.

Nearby zip codes are 05701 3240, 05744, 05759, 05765 and 05777. This property neighbors other cities such as Clarendon, Mendon, Proctor, Rutland Town and West Rutland.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Real Broker LLC

Copyright 2024 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 11/25/2024