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Listed price in listed location currency (USD).
$425,000

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MLS® 5071953

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2250 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.13 acres
Approx. Age 1899
Avg. Price Per Sqft $188
MLS® Number 5071953

Property Address: 52 Chestnut Ave, Rutland, VT, 05701-3562

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

Description

Your next high-performing asset is here. This rare multi-unit property offers five income-producing units in a desirable location, walking distance to downtown Rutland, public transportation, restaurants, retail, and essential services. With strong rental demand and limited vacancy history, this property is poised to remain a reliable performer in any market cycle. The building consists of one 2-bedroom unit, three 1-bedroom units, and one studio, appealing to a broad range of tenants, from professionals and students to long-term local renters. Several thoughtful renovations and updates have already been completed, offering reduced capital expenditure needs and improved tenant retention. The current gross annual income exceeds $56, 000, with a net operating income of over $37, 000, making this a turnkey addition to any investment portfolio. At the asking price, the property generates a cap rate of over 11%, meeting the criteria of cash-flow investors, BRRRR strategists, and 1031 exchange buyers alike. With additional upside potential, whether through future rent adjustments, cosmetic improvements, or expanded operational efficiencies, this property represents both immediate returns and long-term growth opportunity. Whether you’re an experienced investor or expanding your portfolio, this multi-unit property delivers cash flow, stability, and scalability in a strong Vermont rental market. Opportunities like this are rare, secure your next revenue-producing property today.
MLS® Number5071953
Laundry Level
Central VacNo
FireplaceNo
Acreage0.13
Exterior
GarageNo
Approx. Age1899
BasementUnfinished
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 12, 2025List Date
$425,000List Price
  • Commute

Commute

Starting Address
Destination Address
52 Chestnut Ave, Rutland, VT

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