37 Killington Avenue, Rutland, VT 05701
Local realty services provided by:CENTURY 21 Barbara Patterson
37 Killington Avenue,Rutland City, VT 05701
$665,000
- 14 Beds
- - Baths
- 5,836 sq. ft.
- Multi-family
- Active
Listed by: betsy adamovich
Office: real broker llc.
MLS#:5075585
Source:PrimeMLS
Price summary
- Price:$665,000
- Price per sq. ft.:$88.48
About this home
Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future....
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Home facts
- Year built:1988
- Listing ID #:5075585
- Added:43 day(s) ago
- Updated:March 19, 2026 at 10:23 AM
Rooms and interior
- Bedrooms:14
- Flooring:Carpet, Vinyl
- Basement Description:Interior, Unfinished
- Living area:5,836 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Oil
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1988
- Building area:5,836 sq. ft.
- Lot area:0.33 Acres
- Levels:2 Story
Schools
- High school:Rutland Senior High School
- Middle school:Rutland Middle School
- Elementary school:Rutland Town School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$665,000
- Price per sq. ft.:$88.48
- Tax amount:$12,519 (2025)
Features and amenities
- Amenities:Circuit Breaker(s)
Parking
- Parking description:Gravel Driveway
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