Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
15 Kingsley Court,Rutland City, VT 05701
$599,000
- 12 Beds
- - Baths
- 5,015 sq. ft.
- Multi-family
- Active
Listed by: betsy adamovich
Office: real broker llc.
MLS#:5075583
Source:PrimeMLS
Price summary
- Price:$599,000
- Price per sq. ft.:$119.44
About this home
Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.
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Home facts
- Year built:1968
- Listing ID #:5075583
- Added:6 day(s) ago
- Updated:February 10, 2026 at 11:30 AM
Rooms and interior
- Bedrooms:12
- Living area:5,015 sq. ft.
Heating and cooling
- Heating:Forced Air, Kerosene
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1968
- Building area:5,015 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:Rutland Senior High School
- Middle school:Rutland Middle School
- Elementary school:Rutland Town School
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$119.44
- Tax amount:$6,978 (2025)
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