260 Business Route 4 StreetRutland Town, VT 05701MLS Number 5067282

Price: $1,260,000
Est. Mortgage of $/month
23 Days on Market

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 .

More Info

Tax Information

Tax Year2026

Building

Year Built1987
Building ConstructionWood Frame, Vinyl Siding
StyleMulti-Family
Units14
# of 1 Bedrooms14
BasementUnfinished
FoundationConcrete

Amenities

PricePerSqFt100.8

Other

Taxes$11,647
Seasonal Y/NNo
Operating Expenses59061
Date Listed10/25/2025
View Count1

Basic Information

StatusACT
List Price$1,260,000
Date Price Change11/03/2025
MLS Number5067282
MLS StatusActive

Property

Acreage1.22
GarageNo
Parking Spaces
Lot DescriptionCountry Setting, Landscaped
Square Feet12,500
APX Fin AG Sqft12,500
Road Frontage106
RoadsPaved, Public
AreaVT-Rutland

Location

TownRutland Town
StateVT
Zip05701
CountyRutland
ZoningResidential
Address260 Business Route 4 Street
Flood Zone Y/NNo

Exterior

RoofAsphalt Shingle

Utilities

Heat SystemBaseboard
WaterPublic
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesCable, Telephone Available

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 November 16, 2025 10:08 PM EST

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260 Business Route 4 StreetRutland Town, VT 05701MLS Number 5067282

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