44 Baxter ST, Rutland City, VT 05701
44 Baxter ST, Rutland City, VT 05701
44 Baxter ST, Rutland City, VT 05701
44 Baxter ST, Rutland City, VT 05701
44 Baxter ST, Rutland City, VT 05701
44 Baxter ST, Rutland City, VT 05701
Betsy Adamovich
Betsy Adamovich

Agent | License ID: 082.0135053

+1(802) 384-0155

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Listed by Mike Kalil • Watson Realty & Associates
Bought with Mark E Triller • Real Broker LLC

$ 395,000

$ 400,000 1.3%

Est. payment | /mo

6 Beds

6 Baths

3,900 SqFt

$ 395,000

$ 400,000 1.3%

Est. payment | /mo

6 Beds

6 Baths

3,900 SqFt

Key Details

Sold Price $395,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,900 sqft

Price per Sqft $101

MLS Listing ID 5075867

Sold Date 05/26/26

Bedrooms 6

Full Baths 6

Construction Status Existing

Year Built 1915

Annual Tax Amount $4,705

Tax Year 2026

Lot Size 2,613 Sqft

Acres 0.06

Property Description

High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare opportunity to acquire a cash-flowing, stabilized multifamily asset with an exceptional return profile.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Residential

Rooms

Basement Entrance Walk-up

Basement Partially Finished

Interior

Cooling None

Exterior

Utilities Available Phone

Roof Type Asphalt Shingle

Building

Story 2.5

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

PrimeMLS

Nearby Locations

Betsy Adamovich

"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

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44 Baxter ST