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Listing courtesy of PRIME_MLS / Derek Greene / Derek Greene

997 Us Route 4 E

Rutland Town, VT 05701

– beds
– baths
5,000 sqft
~2 acre lot
$255 per sqft
1850 build
– on site

Net operating income of over $113,000 (see attachment)! At the list price, the property generates a turnkey cap rate of ~9%. The owners live out of state and manage the property remotely. This multi-family consists of five units located on a well-manicured 2-acre parcel in peaceful Rutland Town. Property is equipped with smart locks and security cameras for seamless remote monitoring. The main house includes two units, unit A with four bedrooms / one bathroom, and unit B with two bedrooms / one bathroom. The units in the duplex in the center of the property feature one bedroom / one bathroom and full kitchens with compact W/D. The cottage features a lofted bed / one bathroom with micro-kitchen. The entire property was renovated / remodeled between 2022 and 2023 with quality materials and workmanship. All units are currently rented under long-term leases by quality tenants that have been fully vetted. The 2-acre property includes a large barn with three bays of storage and ample parking. Minutes from all the action and upcoming multi-billion-dollar investments in Killington and Pico. PLEASE DO NOT DISTURB TENANTS!

Listing courtesy of PRIME_MLS / Derek Greene / Derek Greene

Last checked: Checking… • Last updated Feb 26, 2025 •

MLS# 5030340 —

The Building

Year Built:

1850
Pre-Construction:

No
Construction Status:

Existing
Construction Materials:

Insulation-Cellulose, Insulation-FiberglssBatt, Metal, Wood Frame
Architectural Style:

Other
Roof:

Metal
Foundation:

Concrete, Stone
Total Stories:

2
Total Units:

5
Approx SqFt Total:

5200
Approx SqFt Total Finished:

5,000 Sqft
Approx SqFt Finished Above Grade:

5,000 Sqft
Approx SqFt Finished Below Grade:

0 Sqft
Approx SqFt Unfinished Below Grade:

200
Approx SqFt Unfinished Building Source:

Other
Approx SqFt Finished Above Grade Source:

Other
Road Frontage Type:

Paved

Interior

Flooring:

Hardwood, Tile, Vinyl
Basement:

Yes
Basement Description:

Concrete Floor, Unfinished
Basement Access Type:

Interior
Room 5 Type:

Leased

Location

Map:

15
Latitude:

43.631649234567469
Longitude:

-72.942639084655795

The Property

Property Class:

Multi-Family
Seasonal:

No
Lot:

37
Lot Features:

Level, View
Lot SqFt:

87,120 Sqft
Lot Acres:

2 Sqft
Zoning:

Mixed
Driveway:

Paved

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Taxes TBD:

No
Tax - Gross Amount:

$5,606

Beds

Bedrooms - Level 4:

2
Total 2 Bedroom Units:

1

Baths

Total Full Baths:

5
Full Baths Size:

0 Sqft
Three Quarter Baths:

5
Unit 1 Baths:

1
Unit 2 Baths:

1

The Listing

Price Per SqFt:

255
Foreclosed/Bank-Owned/REO:

No

Heating & Cooling

Heating:

Baseboard, Radiator, Wall Units
Total Heat Units:

6
Cooling:

Individual, Wall AC Units
Total Water Heaters:

5

Utilities

Utilities:

Cable
Separate Utilities:

Varies
Sewer:

Leach Field, Septic
Electric:

On-Site
Water Source:

Cistern, Drilled Well
Total Electric Meters:

5

Appliances

Total Refrigerators:

5

Schools

School District:

Rutland Town School District

The Community

Condo Name:

Monthly
Covenants:

No

Parking

Parking:

Driveway, Parking Spaces 5 - 10, Unassigned

Extra Units

Unit 1 Rooms:

1
Unit 1 Bedrooms:

1
Unit 2 Bedrooms:

1
Total 3+ BR Units:

1
Unit 3 Rooms:

2
Unit 3 Bedrooms:

1
Unit 3 Baths:

1
Unit 4 Bedrooms:

4
Unit 4 Baths:

1
Unit 5 Rooms:

4
Unit 5 Bedrooms:

2
Unit 5 Baths:

1

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Fidium

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/26/25 Feb 26, 2025	Listed / Active	PRIME_MLS	$1,275,000

Multifamily For Sale

$1,275,000

Listing provided by broker:

Derek Greene

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This multifamily located in Rutland Town, VT 05701 is currently for sale for $1,275,000. 997 Us Route 4 E is a 5,000 square foot multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Rutland Town Elementary School.

Listing Courtesy of: PRIME_MLS and Derek Greene.

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.