$479,000

43 Summer St Rutland City, VT 05701

3,896 sqft
0.1 acres
$123 / sqft
Land

Property details

About 43 Summer St

Investment Opportunity: 8-Unit Multifamily in Rutland City Don’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Highlights

Home typeOther
HeatingOil, Forced Air
StatusActive
Size3,896 sqft
BasementYes
Lot size0.11 Acres
Year built1860
MLS #5017747

Summary

  • MLS Number: 5017747
  • Office Name: Real Broker LLC
  • Office Phone: (802) 613-0729
  • Office Email: sandyreavill@gmail.com
  • Listing Agent: Betsy Adamovich

IDX© Copyright 2025 PrimeMLS, 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 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.

Housing Market Reports are calculated by Rocket Homes Real Estate, LLC and based on information from the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 11:55:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$479,000

43 Summer 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

0.2 mi

63-65 Library Avenue

3

Clarendon Elementary School

Public District PK-6

3.3 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,711. Residents of Rutland City, VT typically earn less than $<35k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

How much money do the neighbors make?

56%
<35k
42%
35k-100k
1%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
27%
Single, with Kids
14%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
40%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro BoxingPro Boxing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Burger KingBurger King
  • PopeyesPopeyes
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • DodgeDodge
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 43 Summer St

This home is located at 43 Summer St in Rutland City, VT and zip code 05701. This 3,896 square foot home, which was built in 1860, sits on a 0.11 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since October 8, 2024 and is currently priced at $479,000.

The number of homes for sale in Rutland City, VT increased by 100% between December and January 2025. Listings spent 97 days on the market in January 2025, and had a median list price of $451,950 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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