Multi-Family for Sale: 126 State Street, Rutland City, VT 05701

2,000 sqft
$1,904,000
$1,904,000
126 State Street, Rutland City, VT 05701
2,000 sqft
$1,904,000
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Price:
$1,904,000

Type Multi-Family
Style Duplex
Square Feet 2,000 sqft
Lot Size 0.10 acres
Year Built 1841
Taxes Paid $2,265

City Rutland City
County Rutland

MLS 5028961
Status Active
DOM 2 days
Listed by Watson Realty & Associates, Miffy Liao
Great opportunity for investors, A package of 28 rental units , Consists of 12 multifamily buildings, all in Rutland City in close proximity to each other, All units have certificate of occupancies, Great rental history, This property produces over $503k in gross rent, The net cap rate is over 17.72% , The net income is over $337k per year, Not including management fee or vacancy rates, The current owner have owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency.

Lot & Building Features

Utilities Cable
Construction Wood Exterior, Wood Frame
Cooling None
Heating Oil
Sewer Public
Tax Year 2016
Taxes Paid $2,265
Water Public
Basement Description Full
Foundation Brick, Stone
Lot Description City Lot
Roof Slate
Garage No

Price History of 126 State Street, Rutland City, VT

Date Name Price Difference
02/10/2025 Listing Price $1,904,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 126 State Street, Rutland City, VT

Location Map Street View
Photo of Kara Carrier
Kara Carrier
Principal Broker
Direct: 603-235-5243
Office
900 Hanover Street
Manchester, NH 03104

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0.11896008403361%
6.75%
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Monthly Taxes
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126 State Street (MLS #5028961) is a multi-family listing located in Rutland City, VT. This multi-family listing is 2,000 sqft and on a lot of 4,356 sqft (or 0.10 acres) and is 184 years old. This property was listed on 02/10/2025 and has been priced for sale at $1,904,000.

Nearby zip codes are 05701 4822, 05759, 05763, 05765 and 05777. This property neighbors other cities such as Clarendon, Mendon, Proctor, Rutland Town and West Rutland.

PrimeMLS

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Watson Realty & Associates

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 02/12/2025