#5050142, Jason Saphire, Listing office: www.HomeZu.com

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
- Basement: Yes
- Heating: Oil, Forced Air
- Cooling: None
- List Price: $479,000
- Price/SqFt: $122
- Year Built: 1860
- Stories: 2
- Living Area: 3,896 SqFt
- Lot Size: 0.11 Acres
- 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: 7/19/2025, 11:45:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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. Most Rutland City, VT residents have annual incomes less than $<35k. 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
The listing price of 43 Summer St property is $479,000.
The property 43 Summer St is land located in Rutland City, Vermont, 05701.
Active Listing: 43 Summer St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 43 Summer St are: Rutland Intermediate School (GreatSchools Rating 2/10), Clarendon Elementary School (GreatSchools Rating 3/10), Lothrop Elementary School (GreatSchools Rating 7/10), Rutland Middle School (GreatSchools Rating 2/10), Fair Haven Grade School (GreatSchools Rating 3/10), Orwell Village School (GreatSchools Rating 7/10), Rutland High School (GreatSchools Rating 5/10), West Rutland School (GreatSchools Rating 4/10), Proctor Jr. /Sr. High School (GreatSchools Rating 2/10).
The property 43 Summer St is 0.11 acres.
The property 43 Summer St is 3,896 SqFt (source: MLS/tax record).
The year of construction for 43 Summer St is 1860.
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.
In June 2025 more than 2 listings in Rutland City, VT were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. In June 2025 in Rutland City, VT there were 13.3% more homes for sale than in May.