44 Baxter St Rutland, VT 5701
New
- Added:
- Apr 24, 2026
- Days on Market:
- 6
- Last Refresh:
- Apr 24 at 8:26 pm
Property Features for 44 Baxter St
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1915
Listing agent Mohammad Kalil (802) 773-3500
Listing office (802) 773-3500
Listing date Apr 24, 2026
Source Elliman
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 Mohammad Kalil
Overview
Turnkey Multifamily Investment Opportunity
This fully remodeled 6-unit multifamily property in Rutland, Vermont, presents a turnkey investment opportunity with strong in-place income and no deferred maintenance. The building is 100% occupied and has been extensively updated. The property comprises 6 total units, including 5 one-bedroom apartments and 1 efficiency unit. The interiors have been mostly updated, and the building features new vinyl siding and new windows. The property is well-maintained with no capital needs. The gross annual income is $81,252, with annual operating expenses of $24,841, which includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi, but does not include management. The net operating income (NOI) is $56,411, resulting in a cap rate of 14%+ at the asking price. This stabilized multifamily asset offers a rare opportunity for both new and seasoned investors seeking high yield. The location has a bike score of 51, indicating it is bikeable, and a walk score of 70, indicating it is somewhat walkable.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Rutland
- County
- Orleans
- State
- Vermont
- Longitude
- -72.9868256
- Latitude
- 43.6103829
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Remodeled 6-unit property in Rutland with strong income.
Where is this apartment building located?
The property is located at 44 Baxter St Rutland, VT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 14%+ Cap Rate at asking price indicates a high‑yield investment opportunity.; Turnkey property: Fully remodeled with no deferred maintenance and 100% occupied.; Strong, stable rental income with a Gross Annual Income of $81,252.
