#5027558, Miffy Liao, Listing Office: Watson Realty & Associates
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43 Summer St Rutland City, VT 05701
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
Summary
- MLS Number: 5017747
- Office Name: Real Broker LLC
- Office Phone: (802) 613-0729
- Office Email: sandyreavill@gmail.com
- Listing Agent: Betsy Adamovich
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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.
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.
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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.