Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

14 Cottage
Rutland City, VT 05701

  • – beds
  • – baths
  • 7,314 sqft
  • 11,326 sqft lot
  • $97 per sqft
  • 1880 build
  • on site

RUTLAND CITY, VT - Here is an exceptional investment opportunity with a total of 8 potential income-generating units! This property features a 7-unit multi-family building and an inviting single-family home. Crafted with a mix of brick and wood frame construction, the 7-unit building stands as a testament to enduring quality and timeless appeal. The current owners have experienced significant profits, showcasing the remarkable rental potential of these well-maintained units. The central location of these units provides easy access to bus routes and daily necessities, ensuring effortless commutes and errands for tenants and owners alike. This added advantage enhances the property's overall appeal, addressing the practical needs of residents. What sets this investment apart from the rest is the rarity of finding a property with so many units that consistently yield strong cash flow. The prospect of owning 2 buildings with a total of 8 units is an extraordinary opportunity for astute investors. 14 & 14.5 Cottage Street is a solid investment in Rutland's real estate, offering a total of 8 units that promise enduring construction, a strategic location, and proven profitability. Cap rate over 10% at list price when fully rented! 4 other properties from the same portfolio are also currently listed for sale. Please inquire for further information regarding the other properties. Will not consider creative financing.

Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

Last checked: Checking… • Last updated Mar 30, 2024 •

MLS# 4988076 —

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Sale history

Date Event Source Price % Change
3/14/24
Listed / Active PRIME_MLS $710,000
12/28/23
Listed / Active PRIME_MLS

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Multifamily For Sale

$710,000

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Listing provided by broker:

Betsy Adamovich

Real Broker LLC

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This multifamily located in Rutland, VT 05701 is currently for sale for $710,000. 14 Cottage is a 7,314 square foot multifamily with – beds and – baths that has been on Estately for 44 days. This multifamily is in the attendance area of Rutland Intermediate School and Rutland Senior High School.

Listing Courtesy of: PRIME_MLS and Real Broker LLC.

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