48 Forest Street, Rutland, VT 05701
Local realty services provided by:Better Homes and Gardens Real Estate The Milestone Team
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.
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Home facts
- Year built:1900
- Listing ID #:5027605
- Added:268 day(s) ago
- Updated:October 20, 2025 at 05:44 PM
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)
Copyright 2025 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 October 20, 2025New listings near 48 Forest Street
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