$499,000

House for sale Rutland
Property photo number 1 of 6 Photos for Property. File  104809544_29_a3f70daf5397941cf8c1cf1cb4554f90.jpeg

Overview

SUMMARY: Discover an opportunity with this Rutland house for sale and available for $499,000. This could be your next ideal home or a smart investment. More details await.
Investors, take note: here's a four unit multi-family property that pairs steady rental income with a prime uptown Rutland location-a combination savvy buyers rarely stumble upon. Built for performance, this well-maintained solid building features separate utilities across its
units, meaning tenants cover their own usage and you sidestep the headache of dividing bills every month. The first floor spacious apartment also has use of the two car attached garage, three bedrooms and one level living. The second floor consist of (2) one bedroom units and a studio apartment with a private balcony. The fourth unit offers an abundance of natural light with built-in bookcases, a skylight and it's own access to a private garden at the back of the building. This layout accommodates multiple households comfortably, keeping occupancy strong and vacancies short. Whether you're an experienced landlord expanding your portfolio or a first-time investor dipping a toe into rental ownership, this property checks the practical boxes. The care that previous owners and the current owner has poured into upkeep shows, sparing you the surprise expenses that often plague older buildings. Simply put, it's ready to generate returns from the moment you collect the keys with a great rental history. Some newer heat pumps have been added for energy efficient heating. Location only sweetens the proposition. Tenants enjoy close proximity to Main Street Park, a pleasant green pocket perfect for lunch breaks and weekend lounging. Daily errands stay effortless with Shopping Plaza Road just minutes away, while Marble Valley Regional Transit puts car-free commuting within easy reach-a genuine selling point that keeps renters interested and leases signed. The bus also transports to Killington Ski area!

Details

  • Beds: 5
  • Baths: 4
  • Price: $499,000
  • Area: 3,800 sqft

Location

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