Ignite FB Tracking Pixel35 Evergreen Street, Rutland City, VT 05701 - Judy and Bob Holder
KW Coastal And Lakes & Mountains Realty
KW Coastal And Lakes & Mountains Realty
Judy and Bob Holder, KW Coastal And Lakes & Mountains RealtyPhone: (603) 801-4193
Email: [email protected]
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listing
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Listed by: Mike Kalil from Watson Realty & Associates, 802-773-3500
Multi-FamilyFor Sale
$5,984,000
35 Evergreen Street
Rutland City, VT 05701
MLS: Prime MLS
2,500Sq Ft
Est. Mortgage
$30,988/mo

Great opportunity for investors, A package of 88 rental units , Consists of 25 multifamily buildings, all in Rutland City in close proximity to each other, All units have certificate of occupancies, Great rental history, This property produces over $1,300,000 in gross rent, The net cap rate is over 14% , The net income is over $900,000 per year, Not including management fee or vacancy rates, The current owner have owned them for years and is retiring. Profits have proven to be consistent and growing every year, Constant upgrade repairs have been made to all systems I.e Heating, Water to optimize efficiency .

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Information courtesy of Watson Realty & Associates is subject to verification and is not guaranteed.
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