44 Baxter Street, Rutland, VT 05701

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 & associates
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

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Home facts

  • Year built:1915
  • Listing ID #:5075867
  • Added:4 day(s) ago
  • Updated:February 10, 2026 at 11:30 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • 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

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$400,000
  • Price per sq. ft.:$100
  • Tax amount:$4,705 (2026)
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 February 10, 2026

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