Homes for sale - 40 Cottage ST, Rutland City, VT 05701

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Betsy Adamovich

[email protected] +1(802) 384-0155

Listed by Mark E Triller • Real Broker LLC

$ 269,000

Est. payment | -/mo

6 Beds

4 Baths

4,480 SqFt

Save

$ 269,000

Est. payment | -/mo

Save

6 Beds

4 Baths

4,480 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 4,480 sqft

Price per Sqft $60

MLS Listing ID 5035840

Bedrooms 6

Full Baths 4

Construction Status Existing

Year Built 1909

Annual Tax Amount $5,253

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning RESD1

Rooms

Basement Entrance Walk-up

Basement Bulkhead, Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable - Available, Telephone Available

Roof Type Shingle

Building

Story 2

Foundation Stone

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Northwest Primary School

Middle Schools Rutland Intermediate School

High Schools Rutland Senior High School

School District Rutland City School District

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(802) 384-0155

[email protected]

39 Central Street, Suite 201B, Woodstock, Vermont, 05091, USA

40 Cottage ST Rutland City, VT 05701