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52 Chestnut Avenue, 
Rutland City, VT 05701

$424,500


Bed


Bath


2,250

Sq Ft


Multi-Family

Active

Listed by

Betsy Adamovich

Real Broker LLC.

855-450-0442

Last updated:

December 18, 2025, 05:04 PM

MLS#

5071953

Source:

PrimeMLS

About This Home

52 Chestnut Avenue

CORRECTED FINANCIALS: $68,400 gross annual income, net operating income of $53,731, 12.64% cap rate at the asking price. Your next high-performing asset is here. This rare multi-unit property offers five income-producing units in a desirable location within walking distance to downtown Rutland, public transportation, restaurants, retail, and essential services. With strong rental demand and a limited vacancy history, the property is positioned to remain a reliable performer across market cycles. The building consists of one 2-bedroom unit, three 1-bedroom units, and one studio, appealing to a broad tenant base including professionals, students, and long-term local renters. Several thoughtful renovations and updates have already been completed, reducing near-term capital expenditure needs and supporting tenant retention. With solid in-place income and additional upside potential through future rent adjustments, cosmetic improvements, or operational efficiencies, this property offers both immediate cash flow and long-term growth opportunity. Whether you’re an experienced investor or expanding your portfolio, this multi-unit asset delivers income stability and scalability in a strong Vermont rental market.

Home Facts

Multi-Family

Built in 1899

Price Summary

424,500

$188 per Sq. Ft.

MLS #:

5071953

Last Updated:

December 18, 2025, 05:04 PM

Added:

25 day(s) ago


Rooms & Interior

Interior

Living Area:

2,250 Sq. Ft.


Structure

Structure

Building Area:

3,186 Sq. Ft.

Year Built:

1899


Lot

Lot Size (Sq. Ft):

5,663


Finances & Disclosures

Finances

Price:

$424,500

Price per Sq. Ft:

$188 per Sq. Ft.

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Copyright 2026 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 January 6, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.