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Six-Unit Apartment Building
For Sale
$599,000

17 Kingsley Court, Rutland, VT 05701

Six residential units feature two-bedroom, one-bath layouts with tenant-paid electric and efficient open-concept interiors.

Property Size3,363 SF
Price / SF$178.11
Days on Market229

Property Features for 17 Kingsley Court

General Information

Standard status Active
Size 3,363 SF
Property subtype Multi Family
Zoning Residential

Financials

Cap Rate 12.35%
Gross Income $91,200

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,794

Amenities

Kerosene, Forced Air
No
Vinyl
3
6
Asphalt Shingle
Wood Frame, Brick Exterior, Vinyl Siding

Building Details

Year Built 1968
Listing Agency: Real Broker LLC
Listed By: Betsy Adamovich
Source: Compass
Added: Jan 17 Changed: Aug 30 Last Checked: Aug 30 at 6:55PM

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 apartment building contains six residential units, each configured with two bedrooms and one bathroom. The units feature open-concept interiors, while tenants are responsible for their own electric service. The property measures 3,363 square feet and was built in 1968, with wood-frame construction, a brick exterior, vinyl siding, asphalt-shingle roofing, and forced-air heat using kerosene.

Located at 17 Kingsley Court in Rutland, the property is positioned near downtown, public transportation, dining, retail, and everyday services. Residential zoning supports its multifamily use. The offering reflects a 12.35% cap rate and includes established rental income, with the six-unit configuration providing a defined apartment-building operating profile.

Key Highlights

  • Six‑unit apartment property with six 2‑bedroom, 1‑bath units
  • 3,363 square feet on a 0.0‑acre property
  • 12.35% cap rate

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Electrical Service Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residential units feature two-bedroom, one-bath layouts with tenant-paid electric and efficient open-concept interiors.
Where is this apartment building located?
The property is located at 17 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 with six 2‑bedroom, 1‑bath units; 3,363 square feet on a 0.0‑acre property; 12.35% cap rate
More about this property
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