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997 Us Route 4 E, 
Rutland Town, VT 05701

$1,275,000


Bed


Bath


5,000

Sq Ft


Multi-Family

Active

Listed by

Derek Greene

Derek Greene

860-560-1006

Last updated:

April 16, 2025, 10:23 AM

MLS#

5030340

Source:

PrimeMLS

About This Home

997 Us Route 4 E

Net operating income of over $113,000 (see attachment)!  At the list price, the property generates a turnkey cap rate of ~9%.  The owners live out of state and manage the property remotely.  This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring.  The main house includes two units, unit A with four bedrooms / one bathroom, and unit B with two bedrooms / one bathroom. The units in the duplex in the center of the property feature one bedroom / one bathroom and full kitchens with compact W/D. The cottage features a lofted bed / one bathroom with micro-kitchen. The entire property was renovated / remodeled between 2022 and 2023 with quality materials and workmanship. All units are currently rented under long-term leases by quality tenants that have been fully vetted. The 2-acre property includes a large barn with three bays of storage and ample parking.  Minutes from all the action and upcoming multi-billion-dollar investments in Killington and Pico. Property is being sold fully furnished. PLEASE DO NOT DISTURB TENANTS!

Home Facts

Multi-Family

Built in 1850

Price Summary

1,275,000

$255 per Sq. Ft.

MLS #:

5030340

Last Updated:

April 16, 2025, 10:23 AM

Added:

2 month(s) ago


Rooms & Interior

Interior

Living Area:

5,000 Sq. Ft.


Structure

Structure

Building Area:

5,200 Sq. Ft.

Year Built:

1850


Lot

Lot Size (Sq. Ft):

87,120


Finances & Disclosures

Finances

Price:

$1,275,000

Price per Sq. Ft:

$255 per Sq. Ft.

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Copyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 1, 2025

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