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Property view

57 Forest Street, 
Rutland City, VT 05701

$137,500


Bed


Bath


1,680

Sq Ft


Multi-Family

Sold

Listed by

Hughes Group Team

Casella Real Estate

802-772-7487

MLS#

5000635

Source:

PrimeMLS

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About This Home

57 Forest Street

Don't miss this chance to acquire a high-yield property in Rutland City. Whether you're a seasoned investor or looking to start your real estate portfolio, these buildings offer an excellent opportunity for stable and profitable returns. One building consists of two 3-bedroom 1-bathroom units and the other of two 1 bedroom 1-bathroom units. Heat and electricity are separately metered, minimizing owner expenses as tenants are responsible for their own utilities. The two buildings have a shared driveway as well as off-street parking that is exempt from Rutland City's winter parking ban, providing convenience for tenants year-round. This property has the potential for a 13% cap rate, gross income is based on projected market rates, 2 units are currently vacant leaving a buyer the ability to fill the vacancies with tenants of their choice. Call for a breakdown of the financials and to schedule a showing of this great investment opportunity.

Home Facts

Multi-Family

Built in 1900

Price Summary

279,000

$166 per Sq. Ft.

MLS #:

5000635

Sold:

August 27, 2024


Rooms & Interior

Interior

Living Area:

1,680 Sq. Ft.


Structure

Structure

Building Area:

2,520 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$279,000

Price per Sq. Ft:

$166 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 April 11, 2026