VT > Rutland City
Rutland City, VT 05701,166 State ST
Rutland City, VT 05701,166 State ST
Rutland City, VT 05701,166 State ST
Rutland City, VT 05701,166 State ST
Rutland City, VT 05701,166 State ST
Rutland City, VT 05701,166 State ST
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Betsy Adamovich

Betsy Adamovich

+1(802) 384-0155
Listed by Betsy Adamovich • Real Broker LLC
$ 279,000
Est. payment | /mo

5 Beds

5 Baths

2,700 SqFt

Save
$ 279,000
Est. payment | /mo
Save

5 Beds

5 Baths

2,700 SqFt

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $103

MLS Listing ID 5036190

Bedrooms 5

Full Baths 5

Construction Status Existing

Year Built 1910

Annual Tax Amount $5,412

Tax Year 2025

Lot Size 9,147 Sqft

Acres 0.21

Property Description

Investor Opportunity in Rutland City! 166 State Street is a 5-unit multifamily property with a strong rental history and solid numbers. With a gross annual income of $54,000 and expenses currently at $24,552, this property nets $29,448 annually—offering a 10.55% cap rate at the asking price. Rents are currently below market, presenting immediate potential for increased returns. Expenses could also be streamlined for even better performance. Whether you're looking to expand your portfolio or dive into multi-unit investing, this one is well worth a look. Motivated seller—bring your offers and let's make a deal!

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning industrial

Rooms

Basement Entrance Interior

Basement Partially Finished

Interior

Cooling None

Exterior

Utilities Available Cable - Available, Telephone Available

Roof Type Slate

Building

Story 2

Foundation Stone

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

PrimeMLS
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+1(802) 384-0155

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

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166 State ST