260 Business route 4 Street, Rutland, VT 05701
Local realty services provided by:CENTURY 21 TheOne
260 Business route 4 Street,Rutland Town, VT 05701
$1,260,000
- - Beds
- 14 Baths
- 12,500 sq. ft.
- Multi-family
- Active
Listed by: mike kalil
Office: watson realty & associates802-773-3500
MLS#:5067282
Source:PrimeMLS
Price summary
- Price:$1,260,000
- Price per sq. ft.:$86.9
About this home
Great investment opportunity, Well maintained property in Rutland town ( Center Rutland) this property consists of two buildings, Front building with 10 units and the back building is 4 units , Total of 14 units all one bedroom apartments, Sits on a large parcel over 1.20 +- Acres , Plenty of parking with a loop driveway Convenient for tenants, Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $197, 400 A year With expenses just around $60,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above 10.8% This property is offered with another 14 unit property in Castleton ($1,260,000) as 28 units package 11 units are occupied currently the other 3 are in transition . Two Heating boilers service the front building and one boiler Services the back building. His property is convenient to the city amenities .
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Home facts
- Year built:1987
- Listing ID #:5067282
- Added:240 day(s) ago
- Updated:June 23, 2026 at 10:30 AM
Rooms and interior
- Total bathrooms:14
- Full bathrooms:14
- Basement Description:Interior, Unfinished
- Living area:12,500 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1987
- Building area:12,500 sq. ft.
- Lot area:1.22 Acres
- Levels:2 Story
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,260,000
- Price per sq. ft.:$86.9
- Tax amount:$11,647 (2026)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Gravel Driveway
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