48 Forest Street, Rutland, VT 05701
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
48 Forest Street,Rutland City, VT 05701
$345,000
- 8 Beds
- - Baths
- 4,032 sq. ft.
- Multi-family
- Pending
Listed by: michael gilman
Office: 3gen real estate inc
MLS#:5027605
Source:PrimeMLS
Price summary
- Price:$345,000
- Price per sq. ft.:$71.88
About this home
Well maintained oversized 4plex located a desirable quaint residential Rutland neighborhood. This 100% occupied building has 1x3br 2x2br and 1x1br. This cash cow features a net operating income ~$44,000 and is being listed at north of a 12% cap rate based on current numbers. Property has recent certificate of occupancy and is up to date. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex during a falling rate environment, and ahead of the historic multibillion dollar development occurring nearby at Killington, which already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex ahead of the historic multibillion dollar development occurring nearby at Killington, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:5027605
- Added:327 day(s) ago
- Updated:December 17, 2025 at 10:04 AM
Rooms and interior
- Bedrooms:8
- Living area:4,032 sq. ft.
Heating and cooling
- Heating:Oil
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Building area:4,032 sq. ft.
- Lot area:0.07 Acres
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$345,000
- Price per sq. ft.:$71.88
- Tax amount:$7,705 (2025)
New listings near 48 Forest Street
- New
$32,955Active3 beds 2 baths924 sq. ft.180 Stratton Road, Rutland Town, VT 05755
MLS# 5072266Listed by: UNITED COUNTRY REAL ESTATE MIKE JARVIS GROUP INC - New
$165,000Active3 beds 2 baths1,660 sq. ft.85 Hazel Street, Rutland City, VT 05701
MLS# 5072187Listed by: ENGEL & VOLKERS OKEMO - New
$424,500Active-- beds -- baths2,250 sq. ft.52 Chestnut Avenue, Rutland City, VT 05701
MLS# 5071953Listed by: REAL BROKER LLC - New
$65,000Active2 beds 2 baths1,008 sq. ft.1 Prestons Park, Rutland City, VT 05701
MLS# 5071654Listed by: WESTSIDE REAL ESTATE
$290,000Active4 beds 1 baths1,557 sq. ft.84 Allen Street, Rutland City, VT 05701
MLS# 5071455Listed by: ALISON MCCULLOUGH REAL ESTATE
$65,000Active0.27 Acres0 Engrem Avenue, Rutland City, VT 05701
MLS# 5071424Listed by: KW VERMONT-KILLINGTON
$239,000Pending3 beds 1 baths1,147 sq. ft.8 Belmont Avenue Extension, Rutland City, VT 05701
MLS# 5071288Listed by: REMAX SUMMIT
$275,000Active2 beds 1 baths1,458 sq. ft.115 Killington Avenue, Rutland City, VT 05701
MLS# 5070824Listed by: KW VERMONT-KILLINGTON
$165,000Active6 beds 2 baths2,016 sq. ft.29 Hopkins Street, Rutland City, VT 05701
MLS# 5070602Listed by: REMAX SUMMIT
$339,000Active3 beds 2 baths1,803 sq. ft.14 Haywood Avenue, Rutland City, VT 05701-4831
MLS# 5070571Listed by: FOUR SEASONS SOTHEBY'S INT'L REALTY