1 of 25

Want to see this property?

Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

43 Summer

Rutland City, VT 05701

– beds
– baths
3,896 sqft
4,792 sqft lot
$122 per sqft
1860 build
– on site

Investment Opportunity: 8-Unit Multifamily in Rutland City Don’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Listing courtesy of PRIME_MLS / Betsy Adamovich / Real Broker LLC

Last checked: Checking… • Last updated Dec 17, 2024 •

MLS# 5017747 —

The Building

Year Built:

1860
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Wood Frame, Vinyl Siding
Architectural Style:

Multi-Family
Roof:

Shingle
Foundation:

Stone
Total Stories:

2
Total Units:

8
Approx SqFt Total:

6529
Approx SqFt Total Finished:

3,896 Sqft
Approx SqFt Finished Above Grade:

3,896 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Above Grade:

535
Approx SqFt Unfinished Above Grade Source:

Public Records
Approx SqFt Unfinished Below Grade:

2098
Approx SqFt Unfinished Building Source:

Public Records
Approx SqFt Finished Above Grade Source:

Public Records
Road Frontage Type:

Paved, Public

Interior

Basement:

Yes
Basement Description:

Partial, Unfinished
Basement Access Type:

Interior
Room 5 Type:

Leased

Room Dimensions

Room 4 Dimensions:

0 Sqft
Room 6 Dimensions:

0 Sqft
Room 11 Dimensions:

0 Sqft
Room 13 Dimensions:

0 Sqft
Room 14 Dimensions:

0 Sqft

Location

Latitude:

43.610473000001001
Longitude:

-72.982568999999998

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot Features:

City Lot, Sidewalks, Street Lights
Lot SqFt:

4,792 Sqft
Lot Acres:

0 Sqft
Zoning:

MR1
Driveway:

Dirt

Listing Agent

Contact info:

Taxes

Taxes TBD:

Unknown

Beds

Bedrooms - Level 1:

1
Total 2 Bedroom Units:

1

Baths

Full Baths Size:

0 Sqft
Quarter Baths:

2
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

122.95
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Oil, Forced Air

Utilities

Utilities:

Cable - Available, Telephone Available
Sewer:

Public
Electric:

Circuit Breaker(s)
Water Source:

Public

The Community

Condo Name:

Monthly
Marina Name:

Monthly
Covenants:

Unknown

Extra Units

Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

1
Unit 4 Baths:

1
Unit 5 Bedrooms:

1
Unit 5 Baths:

1
Unit 6 Bedrooms:

1
Unit 6 Baths:

1
Unit 8 Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/8/24 Oct 8, 2024	Listed / Active	PRIME_MLS	$479,000

Want a closer look?

Go see 43 Summer

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Rutland, VT

Similar sold homes

This multifamily located in Rutland, VT 05701 is currently for sale for $479,000. 43 Summer is a 3,896 square foot multifamily with – beds and – baths that has been on Estately for 137 days. This multifamily is in the attendance area of Rutland Senior High School, Rutland Middle School, and Rutland Intermediate School.

Listing Courtesy of: PRIME_MLS and Real Broker LLC.

Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.