44 Baxter StreetRutland City, VT 05701MLS Number 5075867

Price: $400,000
Est. Mortgage of $/month
40 Days on Market

High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare opportunity to acquire a cash-flowing, stabilized multifamily asset with an exceptional return profile.

More Info

Tax Information

Tax Year2026

Building

Year Built1915
Building ConstructionWood Frame
StyleMulti-Family
Units6
Unit 1 Bath1
Unit 1 Bedrooms1
Unit 2 Bath1
Unit 2 Bedrooms1
Unit 3 Bath1
Unit 3 Bedrooms1
Unit 4 Bath1
Unit 5 Baths1
Unit 5 Bedrooms1
Unit 6 Baths1
Unit 6 Bedrooms1
# of 1 Bedrooms6
Bathroom6
Total Baths6
BasementPartially Finished
FoundationConcrete

Basic Information

StatusACT
List Price$400,000
Date Price Change02/05/2026
MLS Number5075867
MLS StatusActive

Property

Acreage0.06
GarageNo
Parking Spaces
Lot DescriptionCorner
Square Feet3,900
APX Fin AG Sqft3,000
Road Frontage122
RoadsPublic
AreaVT-Rutland

Amenities

PricePerSqFt102.56

Location

TownRutland City
StateVT
Zip05701
CountyRutland
ZoningResidential
Address44 Baxter Street
Flood Zone Y/NYes

Interior

APX Fin Below Grade900

Exterior

RoofAsphalt Shingle

Utilities

Heat SystemOil, Baseboard
WaterPublic
ElectricCircuit Breaker(s)
SewerPublic
UtilitiesPhone

Other

Taxes$4,705
Seasonal Y/NNo
Operating Expenses24841
Date Listed02/05/2026
Unit 1 Deposit$1,050
Unit 2 Rent Amount$1,171
Unit 3 Rent Amount$1,050
Unit 4 Rent amount$1,250
Unit 5 Rent amount$1,000
View Count5

Copyright 2026 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 March 17, 2026 4:37 AM EDT

Name

Your Email Address

Phone

Message Send me the deed for 44 Baxter Street Rutland City VT 05701 (ID#:5075867)

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

Name

Your Email Address

Phone

Message Send me the survey or tax map for 44 Baxter Street Rutland City VT 05701 (ID#:5075867)

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

Name

Your Email Address

Phone

Message I would like more information for 44 Baxter Street Rutland City VT 05701 (ID#:5075867)

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

44 Baxter StreetRutland City, VT 05701MLS Number 5075867

$/month over payments

Driving Directions

Ask A Question