Ignite FB Tracking Pixel997 Us Route 4 E, Rutland Town, VT 05701 - Seacoast Homes | Coastal NH & ME & MA Real Estate
Seacoast Homes | Realtors in NH & ME & MA
Seacoast Homes | Realtors in NH & ME & MA
Seacoast Homes | Coastal NH & ME & MA Real EstatePhone: (603) 312-1221
Email: [email protected]
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listing
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Listed by: Derek Greene from Derek Greene, 860-560-1006
Multi-FamilyFor Sale
$1,275,000
997 Us Route 4 E
Rutland Town, VT 05701
MLS: Prime MLS
5,000Sq Ft
Est. Mortgage
$6,681/mo

Net operating income of over $113,000 (see attachment)!  At the list price, the property generates a turnkey cap rate of ~9%.  The owners live out of state and manage the property remotely.  This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring.  The main house includes two units, unit A with four bedrooms / one bathroom, and unit B with two bedrooms / one bathroom. The units in the duplex in the center of the property feature one bedroom / one bathroom and full kitchens with compact W/D. The cottage features a lofted bed / one bathroom with micro-kitchen. The entire property was renovated / remodeled between 2022 and 2023 with quality materials and workmanship. All units are currently rented under long-term leases by quality tenants that have been fully vetted. The 2-acre property includes a large barn with three bays of storage and ample parking.  Minutes from all the action and upcoming multi-billion-dollar investments in Killington and Pico. Property is being sold fully furnished. PLEASE DO NOT DISTURB TENANTS!

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Information courtesy of Derek Greene is subject to verification and is not guaranteed.
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