This listing courtesy of Betsy Adamovich , Real Broker LLC

$665,000

37 Killington Avenue, Rutland City, VT 05701

Multi-Family Home
Built in 1988
0.33acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.

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:: 5075585

Basement: Unfinished
Flooring: CarpetVinyl
A/C: None
Heating: OilBaseboardHot Water

General: Porch
Style: Multi-Family

Roofing: Asphalt Shingle
General: Wood FrameVinyl SidingBrickStone

Road/Access: PavedPublic
School District: Rutland City School District
County: Rutland

Driveway: Gravel
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

Rutland Intermediate School

63-65 Library Avenue, Rutland, VT, 05701

Grades 3-6

0.80 miles away

Rutland Middle School

67 Library Ave, Rutland, VT, 05701

Grades 7-8

0.83 miles away

Rutland High School

22 Stratton Rd, Rutland, VT, 05701

Grades 9-12

1.12 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.