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Listed price in listed location currency (USD).
$400,000

060

MLS® 5075867

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3000 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.06 acres
Approx. Age 1915
Avg. Price Per Sqft $133
MLS® Number 5075867

Property Address: 44 Baxter Street, Rutland City, VT, 05701

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number5075867
Laundry Level
Central VacNo
FireplaceNo
Acreage0.06
Exterior
GarageNo
Approx. Age1915
BasementPartially Finished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
44 Baxter Street, Rutland City, VT

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