Listing courtesy of Betsy Adamovich, Real Broker LLC Phone: 802-613-0729
77 School Street, Rutland City, VT, 05701
5 beds
1920
Multi-Family
2,488 sqft
RUTLAND CITY, VT — An outstanding investment opportunity awaits at this well-positioned property featuring a total of 6 units. Comprising 1 efficiency unit and 5 1-bedroom units, this building is a testament to smart investment choices. 5 of the 6 units are currently rented, contributing to a consistent and healthy cash flow. The property's success in generating good income is a reflection of its appeal to tenants. What distinguishes 77 School St is its convenient location, providing easy access to local amenities, schools, and public transportation. This advantageous positioning not only enhances the lifestyle for tenants but also adds a layer of long-term appeal to the property. 77 School St is a prime investment in Rutland's real estate scene—a property with 6 units, all but one currently rented and generating fantastic income. Don't miss out on this rare opportunity! Secure a property that not only promises financial success but also stands as a testament to smart and lucrative investment choices. Listing price offers a 9.4% cap rate for this property! 4 other investment properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties. Will not consider creative financing.
Status:
Active
Type:
Multi-family
Units:
6
Zoning:
mixed residential
Heating:
Baseboard
Cooling:
None
Basement:
Unfinished
Parking:
Driveway, Paved
Acreage:
0.13
Lot Description:
City Lot,Level,Sidewalks
MLS #:
4988079