Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
37 Killington Avenue,Rutland City, VT 05701
$665,000
- 14 Beds
- - Baths
- 5,836 sq. ft.
- Multi-family
- Active
Listed by: betsy adamovich
Office: real broker llc.
MLS#:5075585
Source:PrimeMLS
Price summary
- Price:$665,000
- Price per sq. ft.:$88.48
About this home
Exceptional 13.37% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-maintained 8-unit multifamily property features a desirable and diversified unit mix of six (6) 2-bedroom, 1-bath units and two (2) studio apartments. The building has been thoughtfully cared for and is supported by many long-term tenants, contributing to stabilized occupancy and reliable performance. Generating $113,880 in gross annual income, the property is located within walking distance to downtown Rutland, benefiting from strong rental demand driven by easy access to public transportation, restaurants, retail, and essential services. Investors will appreciate the immediate income in place, along with future upside potential through rent growth, cosmetic improvements, or operational efficiencies. A compelling opportunity for investors seeking a high-yield, income-producing asset in a dependable Vermont rental market, this property offers both stability today and growth potential for the future.
Contact an agent
Home facts
- Year built:1988
- Listing ID #:5075585
- Added:6 day(s) ago
- Updated:February 10, 2026 at 11:30 AM
Rooms and interior
- Bedrooms:14
- Living area:5,836 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Oil
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1988
- Building area:5,836 sq. ft.
- Lot area:0.33 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:$665,000
- Price per sq. ft.:$88.48
- Tax amount:$12,519 (2025)
New listings near 37 Killington Avenue
- New
$600,000Active4 beds 3 baths2,400 sq. ft.24 Victor Place, Rutland City, VT 05701
MLS# 5076114Listed by: WATSON REALTY & ASSOCIATES - New
$400,000Active6 beds 6 baths3,900 sq. ft.44 Baxter Street, Rutland City, VT 05701
MLS# 5075867Listed by: WATSON REALTY & ASSOCIATES - New
$279,000Active3 beds 2 baths1,320 sq. ft.380 Stratton Road, Rutland City, VT 05702-0969
MLS# 5075813Listed by: GREEN MOUNTAIN PREMIERE PROPERTIES - New
$90,000Active3 beds 2 baths1,657 sq. ft.136 Baxter Street, Rutland City, VT 05701
MLS# 5075765Listed by: GREEN MOUNTAIN PREMIERE PROPERTIES - New
$749,000Active4 beds 3 baths3,148 sq. ft.180 Grove Street, Rutland City, VT 05701
MLS# 5075610Listed by: ALISON MCCULLOUGH REAL ESTATE - New
$599,000Active12 beds -- baths5,015 sq. ft.15 Kingsley Court, Rutland City, VT 05701
MLS# 5075583Listed by: REAL BROKER LLC - New
$599,000Active12 beds -- baths3,363 sq. ft.17 Kingsley Court, Rutland City, VT 05701
MLS# 5075584Listed by: REAL BROKER LLC - New
$659,000Active12 beds -- baths4,772 sq. ft.46 Terrill Street, Rutland City, VT 05701
MLS# 5075586Listed by: REAL BROKER LLC
$299,000Active3 beds 1 baths1,420 sq. ft.14 Park Court, Rutland City, VT 05701
MLS# 5074915Listed by: WELCOME HOME REAL ESTATE