44 Baxter Street, Rutland, VT 05701

Rutland
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
44 Baxter Street,Rutland City, VT 05701
$400,000
  • 6 Beds
  • 6 Baths
  • 3,900 sq. ft.
  • Multi-family
  • Active
Listed by: mike kalil
Office: watson realty & associates802-773-3500
MLS#:5075867
Source:PrimeMLS

Price summary

  • Price:$400,000
  • Price per sq. ft.:$100

About this home

High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1915
  • Listing ID #:5075867
  • Added:96 day(s) ago
  • Updated:May 13, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Basement Description:Partially Finished, Walk-up
  • Living area:3,900 sq. ft.

Heating and cooling

  • Heating:Baseboard, Oil

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1915
  • Building area:3,900 sq. ft.
  • Lot area:0.06 Acres
  • Levels:2.5 Story

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$100
  • Tax amount:$4,705 (2026)

Features and amenities

  • Amenities:Circuit Breaker(s)

Parking

  • Parking description:Gravel Driveway
MLS LogoCopyright 2026 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated May 13, 2026

New listings near 44 Baxter Street