Listing courtesy of Betsy Adamovich, Real Broker LLC Phone: 802-613-0729
43 Summer Street, Rutland City, VT, 05701
8 beds
1860
Multi-Family
3,896 sqft
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.
Status:
Active
Type:
Multi-family
Units:
8
Zoning:
MR1
Heating:
Oil, Forced Air
Cooling:
None
Basement:
Partial, Unfinished
Acreage:
0.11
Lot Description:
City Lot,Sidewalks,Street Lights
MLS #:
5017747