997 Us Route 4 E, Rutland Town VT 05701

$1,275,000

997 Us Route 4 E, Rutland Town, VT 05701

bedrooms

bathrooms

square feet

5,000

Acreage

2.0

Open Houses

year built

1850

Full Baths

Half Baths

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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. PLEASE DO NOT DISTURB TENANTS!

Location
Subdivision	-
County	Rutland
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 5030340

Listing agent: Derek Greene

Listing broker: Derek Greene (508) 517-4908

Last update: Wednesday, February 26 2025 at 11:20 a.m. EST

Kotohomes National