52 Chestnut Avenue, Rutland, VT 05701

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
52 Chestnut Avenue,Rutland City, VT 05701
$424,500
  • - Beds
  • - Baths
  • 2,250 sq. ft.
  • Multi-family
  • Active
Listed by: betsy adamovich
Office: real broker llc.
MLS#:5071953
Source:PrimeMLS

Price summary

  • Price:$424,500
  • Price per sq. ft.:$133.24

About this home

CORRECTED FINANCIALS: $68,400 gross annual income, net operating income of $53,731, 12.64% cap rate at the asking price. Your next high-performing asset is here. This rare multi-unit property offers five income-producing units in a desirable location within walking distance to downtown Rutland, public transportation, restaurants, retail, and essential services. With strong rental demand and a limited vacancy history, the property is positioned to remain a reliable performer across market cycles. The building consists of one 2-bedroom unit, three 1-bedroom units, and one studio, appealing to a broad tenant base including professionals, students, and long-term local renters. Several thoughtful renovations and updates have already been completed, reducing near-term capital expenditure needs and supporting tenant retention. With solid in-place income and additional upside potential through future rent adjustments, cosmetic improvements, or operational efficiencies, this property offers

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Home facts

  • Year built:1899
  • Listing ID #:5071953
  • Added:5 day(s) ago
  • Updated:December 18, 2025 at 05:04 PM

Rooms and interior

  • Living area:2,250 sq. ft.

Heating and cooling

  • Heating:Baseboard, Hot Water, Oil

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1899
  • Building area:2,250 sq. ft.
  • Lot area:0.13 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:$424,500
  • Price per sq. ft.:$133.24
  • Tax amount:$4,374 (2025)
MLS LogoCopyright 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 December 18, 2025