#5027513, Betsy Adamovich, Listing Office: Real Broker LLC

35 Evergreen St Rutland City, VT 05701
Property details
About 35 Evergreen St
Great opportunity for investors, A package of 60 rental units , Consists of 13 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 $873k in gross rent, The net cap rate is over 14.5% , The net income is over $596k 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 .
Highlights
(Under Contract)
Summary
- MLS Number: 5028938
- Office Name: Watson Realty & Associates
- Office Phone: (802) 773-3500
- Office Email: nancyg.vthomes@gmail.com
- Listing Agent: Miffy Liao
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Last updated on: 3/15/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$4,080,000
35 Evergreen St
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Price information
Property sales
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Tax history
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Nearby schools
2
Rutland Intermediate School
Public District 3-6
0.8 mi
•63-65 Library Avenue
3
Clarendon Elementary School
Public District PK-6
3.4 mi
•84 Grange Hall Rd
7
Lothrop Elementary School
Public District PK-6
6.8 mi
•3447 US Route 7
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $51,493. Most Rutland City, VT residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
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Frequently asked questions
About 35 Evergreen St
This home is located at 35 Evergreen St in Rutland City, VT and zip code 05701. This 2,500 square foot home, which was built in 1900, sits on a 0.25 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $4,080,000.
In February 2025 in Rutland City, VT there were 41.9% more homes for sale than in January. While the average time on the market in February 2025 was 86 days, the median list price was $367,500.