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Listed by Hughes Group Team of Casella Real Estate
Here is a great 5 unit multi family in Rutland City that has been very well maintained over the years. All units have 1 bedroom with a kitchen, living room, and full bathroom. The property offers plenty of off street parking, a detached garage, and is vinyl sided for easy maintenance. Conveniently located within walking distance to downtown. The property currently has a CAP rate of just under 8%, but all units are below market rent and with even just a $50 increase per month for each unit the CAP rate would rise to above 9%. This is a great investment opportunity that will not last long.

Property Details of 40 Grant Avenue

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Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. 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. Data last updated September 18, 2021.

 

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