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$ 225,000
Est. payment | /mo
6 Beds
2,860 SqFt
$ 225,000
Est. payment | /mo
6 Beds
2,860 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $78
Bedrooms 6
Lot Size 0.260 Acres
Property Description
A Four Unit Investment Property. This reasonably well-maintained four-unit property offers two 2 bedroom and two 1 bedroom units, making it appealing to both renters and owner-occupants. This is a “turnkey” rental property, ready to generate income immediately. Located within Rutland City, near downtown shops, schools, parks, and public transportation, this property benefits from strong rental demand. Being only 20 minutes from Killington/Pico Ski Resort, makes this property attractive for both long-term tenants and seasonal workers. Recent renovations include: new roof ( 2024 ) vinyl windows, fresh paint, new flooring, wiring, lighting, and washer and dryer hookups. This property's attractive updates should improve tenant retention. As an owner-occupied property, live in one unit and let the other units pay your mortgage, which is great for owners looking to offset living expenses while gaining equity. With a dry basement, deck space, and room for a pool or garden, you can enhance the property to potentially boost rent or appeal. Add value through additional improvements or upgraded amenities. Benefit from: immediate income from updated units, a low-maintenance setup with modern finishes, a strong location appeal for renters and owner-occupiers and value-add potential through further improvements. With the current housing needs in Rutland, and historically stable rental market, this is a smart, practical investment. Make a showing appointment today!
Location
State VT
County Rutland
Listed by Mark Triller • Real Broker LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "