This listing courtesy of Mike Kalil , Watson Realty & Associates
$1,260,000

260 Business route 4 Street, Rutland Town, VT 05701

  • 14 baths |
  • 14,500 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1987
  • Property Lot Size Icon1.22acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $87/sqft
  • Property List Date Icon Listed 7 months ago

Property Description

Great investment opportunity, Well maintained property in Rutland town ( Center Rutland) this property consists of two buildings, Front building with 10 units and the back building is 4 units , Total of 14 units all one bedroom apartments, Sits on a large parcel over 1.20 +- Acres , Plenty of parking with a loop driveway Convenient for tenants, Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $197, 400 A year With expenses just around $60,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above 10.8% This property is offered with another 14 unit property in Castleton ($1,260,000) as 28 units package 11 units are occupied currently the other 3 are in transition . Two Heating boilers service the front building and one boiler Services the back building. His property is convenient to the city amenities .

Listing Status:
Active
Date Added:
October 25, 2025
Data Last Updated:
May 25, 2026 at 3:59PM
Listing Office:
Watson Realty & Associates : 802-773-3500
Listing Agent:
Mike Kalil : 802-773-3500 : mike.kalilrealestate@gmail.com
MLS ID:
5067282
  • Basement: Unfinished
  • A/C: None
  • Heating: Baseboard
  • Style: Multi-Family
  • Roofing: Asphalt Shingle
  • General: Wood FrameVinyl SidingConcrete
  • Road/Access: PavedPublic
  • County: Rutland
  • Driveway: Gravel
  • Zoning: Residential
  • Utilities: CableTelephone Available
  • Water: Public
  • Sewer: Public

This listing courtesy of Mike Kalil , Watson Realty & Associates

Monthly Payment

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

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Location

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