This listing courtesy of Betsy Adamovich , Real Broker LLC
$599,000

15 Kingsley Court, Rutland City, VT 05701

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.

Listing Status:
Active
Date Added:
February 3, 2026
Data Last Updated:
March 16, 2026 at 7:57AM
Listing Office:
Real Broker LLC : 855-450-0442
Listing Agent:
Betsy Adamovich : 802-384-0155
MLS ID:
5075583
  • Appliances: Electric Water Heater
  • Basement: None
  • Flooring: Vinyl
  • A/C: None
  • Heating: KeroseneForced Air
  • Style: Multi-Family
  • Parking: Off StreetPaved
  • Roofing: Asphalt Shingle
  • General: Wood FrameBrick ExteriorVinyl SidingConcrete Slab
  • Road/Access: PavedPublic
  • School District: Rutland City School District
  • County: Rutland
  • Driveway: Paved
  • Zoning: Residential
  • Utilities: Telephone Available
  • Water: Public
  • Sewer: Public

This listing courtesy of Betsy Adamovich , Real Broker LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rutland Intermediate School

63-65 Library Avenue, Rutland, VT, 05701

Grades 3-6

0.24 miles away

R

Rutland Middle School

67 Library Ave, Rutland, VT, 05701

Grades 7-8

0.18 miles away

R

Rutland High School

22 Stratton Rd, Rutland, VT, 05701

Grades 9-12

1.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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