40 Cottage StreetRutland City, VT 05701MLS Number 5035840

  • Price: $269,000
  • Est. Mortgage of $/month
  • 32 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.76% last updated on May 8, 2025
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Active with Contract
40 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 0570140 Cottage Street Rutland City VT 05701
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  • 0.15Acreage
  • 4Bathrooms
  • 1909Year Built
  • 4,480Square Feet

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Listed by Mark Triller of Real Broker LLC
Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th.

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More Info

Tax Information

  • Tax Year2025

Building

  • Year Built1909
  • Building ConstructionVinyl Siding
  • StyleMulti-Family
  • Units3
  • Unit 1 Bath1
  • Unit 1 Bedrooms2
  • Unit 2 Bath1
  • Unit 2 Bedrooms2
  • Unit 3 Bath2
  • Unit 3 Bedrooms2
  • # of 2 Bedrooms3
  • Bathroom4
  • Total Baths4
  • BasementBulkhead, Unfinished
  • FoundationStone

Amenities

  • PricePerSqFt60.04

Basic Information

  • Virtual TourView Tour
  • StatusActive With Contract
  • List Price$269,000
  • Date Price Change04/10/2025
  • MLS Number5035840
  • MLS StatusActive Under Contract

Property

  • Acreage0.15
  • GarageNo
  • Parking Spaces
  • Lot DescriptionCity Lot, Corner, Near Shopping, Near Public Transportatn, Near Railroad
  • Square Feet4,480
  • APX Fin AG Sqft4,480
  • RoadsPublic
  • AreaVT-Rutland

Other

  • Taxes$5,253
  • Seasonal Y/NNo
  • Operating Expenses15889
  • Date Listed04/11/2025
  • Date Showings Begin2025-04-14
  • Unit 1 Deposit$1,200
  • Unit 2 Rent Amount$1,000
  • Unit 3 Rent Amount$2,400

Location

  • TownRutland City
  • StateVT
  • Zip05701
  • CountyRutland
  • ZoningRESD1
  • Elementary SchoolNorthwest Primary School
  • Junior HighRutland Intermediate School
  • High SchoolRutland Senior High School
  • Address40 Cottage Street
  • Flood Zone Y/NNo

Exterior

  • RoofShingle

Utilities

  • Heat SystemHot Water
  • WaterPublic
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesCable - Available, Telephone Available
Ault Commercial Realty
Ault Commercial Realty
Office: 802.773.0600
PO Box 6306
Rutland, VT 05702
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