Rutland VT Real Estate

MLS Number 5014031

• Multifamily
• Units 4
• Acreage 0.16
• Square Feet 2,332
• Utilities Cable

High cash flow 4plex, updated and professionally managed, located in Rutland. Listed at close to a 10% cap and a Net Operating Income over $31K, with significant upside from undermarket rents. This combination of value-add and high cash flow is rare to find. Perfect for a high cash flow investment or live in one unit for free while covering mortgage + expenses and enjoying additional cash flow. One Unit has been left open for showings or immediate owner occupancy. The building has been professionally managed and renovated. The investment is projected to yield over a 13% year 1 cash on cash return based on current numbers, and cash returns can go to 23%+ per year if rents are brought to market. This allows the new owner to realize significant returns from cash flow vs speculation. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Listed by Michael Gilman of 3GEN Real Estate Inc

MLS Number 5013866

• Multifamily
• Units 5
• Bathroom 5
• Acreage 0.17
• Square Feet 2,936

Immaculate, renovated, 100% occupied, high cash-flow 5 unit multi-family, priced to sell at an “as is” 11% cap. The building has been professionally managed with no deferred maintenance and is in mint condition. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers. This allows a new owner to realize significant returns from cash-flow vs speculation. With a Net Operating Income of $50K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents, and the property is rarely vacant. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property

Listed by Michael Gilman of 3GEN Real Estate Inc

MLS Number 5013694

• Residential Single Family
• Full Bath 1
• Construction Existing
• Bedrooms 3
• Bathroom 2

An immaculate Colonial in a desirable location with three bedrooms and two bathrooms. Interior has been freshly painted, new furnace, new instant hot water, Rinnai heater, and insulation are just a few of the recent upgrades that this home has to offer. The unique floorplan has a large mudroom entrance with enough space for coats, hats, boots and so much more. From here you pass through the family room, or maybe you prefer to have an office or playroom. The expansive kitchen has a separate dining area and a generous amount of cabinets and counter space. It includes additional wall of cupboards and filled with natural light. Around the corner is the living room with a wood burning fireplace and an attractive hearth to curl up by on those chilly winter nights. The primary bedroom has a walk-in closet and the other two bedrooms are large enough for additional furniture. There is a full bathroom upstairs and a bathroom with a shower on the first floor. Shiny hardwood floors and some carpeting flow throughout this home. Located on a corner lot along a lovely street with a deck, shed, carport and space for gardens. This is a wonderful city home that is ready to move right into before the colder months arrive.

Listed by Sandi Reiber of Four Seasons Sotheby's Int'l Realty

MLS Number 5012476

• Residential Single Family
• Full Bath 1
• Construction Existing
• Bedrooms 3
• Bathroom 1

Looking for a starter home or maybe looking to downsize? This ranch is waiting for someone to bring it up to date. Definitely is going to need some elbow grease and updating. But it is so going to be worth the effort. It sits in a wonderful quiet neighborhood. But so close to all the amenities that Rutland has to offer. Shopping, restaurants, entertainment, medical facilities, regional airport - it is all close by. Just a short drive to the mountain to do a little skiing if that's what you're looking for - This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period.

Listed by Linda Benoit of Highland Realty

MLS Number 5011953

• Residential Single Family
• Full Bath 1
• Construction Existing
• Bedrooms 3
• Bathroom 1

Discover this inviting 3-bedroom, 1-bathroom ranch-style home in Rutland City. Recently updated, this charming property offers a perfect blend of comfort and style, ideal for first-time buyers or anyone looking for the convenience of single level living. The spacious living area welcomes you with abundant natural light and modern finishes. Each of the three bedrooms provides a cozy retreat with plenty of closet space. Step outside through the French doors onto the patio, where you can enjoy the fully fenced backyard. This outdoor space is ideal for entertaining, gardening, or simply relaxing in privacy. Close to all the amenities including Killington/Pico ski areas and Rutland Country Club! Live the dream of home ownership!! Welcome Home!

Listed by Rhonda Nash of Welcome Home Real Estate

MLS Number 5011952

• Condo
• Square Feet 768
• Bedrooms 2
• New Contruction Existing
• Year Built 1970

Discover the perfect blend of comfort and convenience with this upper-level condominium, ideally located on a serene dead-end city street. Offering 2 spacious bedrooms and a generously sized living room, this home is designed for easy living. Step into the expansive living area, where built-in bookcases add both character and functionality. The easy-care laminate flooring throughout the living room ensures both style and low maintenance. The kitchen has an abundance of cabinets for all your storage needs, complemented by a tiled floor. A pantry or storage closet has convenient washer/dryer hookups or if you prefer, a shared coin-operated washer/dryer is available in the utility room. Enjoy the scenic mountain views through the large bay window in the living room, or step outside to the front porch and well-maintained backyard, perfect for relaxation or outdoor activities. Located close to city amenities, this property provides both tranquility and accessibility. The HOA fees covers heat (estimated), snow removal, lawn care, trash removal, sewer/water, and exterior maintenance, making life here as hassle-free as possible. Listing agent is owner and a Vt licensed real estate broker.

Listed by Rebecca Woodard of Blue Ridge Real Estate

MLS Number 5011877

• Residential Single Family
• Full Bath 1
• Construction Existing
• Bedrooms 2
• Bathroom 2

This 1898 Bungalow has been brought down to bare studs in preparation to create a modern home. Newer block foundation has a dry concrete floor.New roof, electric, insulation and windows jump start your project. The sunny location on a quiet no-exit street lends well to peaceful living. New second floordormers and three V-Lux windows enhance brightness. Onsite materials include: custom oak double vanity with fixtures, black marble countertops for huge kitchen/family room with vaulted ceiling and sliding glass doors to the private back yard. A soapstone propane stove is included. Fencing onsite to complete area ideal for pets and gardening. Pine Hill Park is pleasant walk from your future home.

Listed by Alison McCullough and Rachael Rogala of Alison McCullough Real Estate

MLS Number 5011508

• Residential Single Family
• Full Bath 1
• Construction Existing
• Bedrooms 3
• Bathroom 1

Home Sweet Home! Step into this charmingly updated Ranch-style home located in a quiet and family-friendly neighborhood. As you enter, you'll be greeted by beautiful and durable hardwood floors that lead you to a cozy wood fireplace, perfect for those chilly winter evenings. The sunny and bright rooms are designed to uplift your spirits and create a welcoming atmosphere for you and your loved ones. Close to all the local amenties, Library, Hospital, Pico and Killington ski resorts, hiking and biking endless fun. Come see for yourself!

Listed by Alison McCullough of Alison McCullough Real Estate