48 Forest StreetRutland City, VT 05701MLS Number 5027605

  • Price: $325,000
  • Est. Mortgage of $/month
  • 15 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.89% last updated on Feb 6, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
48 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 0570148 Forest Street Rutland City VT 05701
QR Code
  • 0.07Acreage
  • 1900Year Built
  • 4,032Square Feet
  • 2025Tax Year

Driving Directions

Listed by Michael Gilman of 3GEN Real Estate Inc
Well maintained oversized 4plex located a desirable quaint residential Rutland neighborhood. This 100% occupied building has 1x3br 2x2br and 1x1br, a net operating income north of $34,000 and is being listed at north of a 10.5% cap rate based on current numbers. High rental demand and property has a waitlist. A new owner can step into to this turnkey investment, projected to yield over a 14% cash on cash return (75% financing assumed but some banks will go north of 90%) starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. There is significant value-ad as rents can be brought to market to achieve closer to a 20% cash on cash return. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex ahead of the historic multibillion dollar development occurring nearby at Killington, 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.

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Ault Commercial Realty, Inc.. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1900
  • Building ConstructionVinyl Exterior
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath1
  • Unit 3 Bedrooms2
  • Unit 4 Bath1
  • # of 1 Bedrooms1
  • # of 2 Bedrooms2
  • # of 3+ Bedrooms1
  • BasementUnfinished
  • FoundationSlab - Concrete

Basic Information

  • StatusACT
  • List Price$325,000
  • Date Price Change01/24/2025
  • MLS Number5027605
  • MLS StatusActive

Property

  • Acreage0.07
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCorner
  • Square Feet4,032
  • APX Fin AG Sqft4,032
  • Road Frontage100
  • AreaVT-Rutland

Other

  • Taxes$7,705.96
  • Seasonal Y/NUnknown
  • Date Listed01/24/2025

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningRes 1
  • Address48 Forest Street
  • Flood Zone Y/NNo

Exterior

  • RoofShingle - Asphalt

Utilities

  • Heat SystemOil
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable

Amenities

  • PricePerSqFt80.61
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
Broker Reciprocity 

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated February 8, 2025 12:52 AM EST

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Ault Commercial Realty, Inc.. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.