Six-Unit Apartment
For Sale
$599,000
15 Kingsley Court, Rutland, VT 05701
Residentially zoned property with open-plan apartments and tenant-paid electric service.
Property Size5,015 SF
Price / SF$119.44
Days on Market226
Property Features for 15 Kingsley Court
General Information
Standard status
Active
Size
5,015 SF
Property subtype
Multi Family
Zoning
Residential
Taxes and HOA fees
Annual Taxes
$6,978
Amenities
Kerosene, Forced Air
No
Vinyl
Electric Water Heater
3
6
Asphalt Shingle
Wood Frame, Brick Exterior, Vinyl Siding
Building Details
Year Built
1968
Listing Agency:
Real Broker LLC
(802) 384-0155
Listed By:
Betsy Adamovich
(802) 384-0155
Source:
Compass
Added: Jan 17
Changed: Aug 30
Last Checked: Aug 30 at 3:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC
Investment Insights
Based on property information with market context.
This 5,015-square-foot apartment property contains six residential units, each configured with two bedrooms and one bathroom. The apartments feature open-concept layouts, while the building has a wood-frame structure, brick exterior elements, vinyl siding, asphalt-shingle roofing, and a kerosene forced-air heating system. An electric water heater serves the property. Built in 1968, the asset is zoned Residential, and tenants pay their own electric service.
The property is located at 15 Kingsley Court in Rutland, within walking distance of downtown. Public transportation, restaurants, retail, and essential services are also nearby. The adjacent property at 17 Kingsley Court has the same footprint and is available separately, creating a side-by-side acquisition option. The stated cap rate is 12.5%.
The property is located at 15 Kingsley Court in Rutland, within walking distance of downtown. Public transportation, restaurants, retail, and essential services are also nearby. The adjacent property at 17 Kingsley Court has the same footprint and is available separately, creating a side-by-side acquisition option. The stated cap rate is 12.5%.
Key Highlights
- Six‑unit apartment property totaling 5,015 SF
- Six 2‑bedroom, 1‑bath apartments with open‑concept layouts
- 12.5% cap rate stated in the listing
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
931
Businesses Nearby
Explore this area
Business Placement
Demographics for 05701, VT
20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Residentially zoned property with open-plan apartments and tenant-paid electric service.
Where is this apartment building located?
The property is located at 15 Kingsley Court Rutland, VT.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Six‑unit apartment property totaling 5,015 SF; Six 2‑bedroom, 1‑bath apartments with open‑concept layouts; 12.5% cap rate stated in the listing
