Rutland City, VT 05701,48 Forest ST
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Rutland City, VT 05701,48 Forest ST
Rutland City, VT 05701,48 Forest ST
Rutland City, VT 05701,48 Forest ST
Rutland City, VT 05701,48 Forest ST
Listed by Michael Gilman • 3GEN Real Estate Inc
Bought with Lisa Kelley • Cummings & Co

$322,000

Est. payment /mo

$345,000

6.7%
Est.Price: ?

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48 Forest ST Rutland City, VT 05701

8 Beds

4 Baths

4,032 SqFt

SOLD DATE : 12/31/2025

Key Details

Sold Price $322,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 4,032 sqft

Price per Sqft $79

MLS Listing ID 5027605

Sold Date 12/31/25

Bedrooms 8

Full Baths 4

Construction Status Existing

Year Built 1900

Annual Tax Amount $7,705

Tax Year 2025

Lot Size 3,049 Sqft

Acres 0.07

Property Description

Well maintained oversized 4plex located a desirable quaint residential Rutland neighborhood. This 100% occupied building has 1x3br 2x2br and 1x1br. This cash cow features a net operating income ~$44,000 and is being listed at north of a 12% cap rate based on current numbers. Property has recent certificate of occupancy and is up to date. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex during a falling rate environment, and ahead of the historic multibillion dollar development occurring nearby at Killington, which already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 4plex ahead of the historic multibillion dollar development occurring nearby at Killington, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning Res 1

Rooms

Basement Entrance Walkout

Basement Unfinished

Interior

Cooling None

Exterior

Utilities Available Cable

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

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Gail Beardmore

Gail Beardmore

License Partner/Broker | License ID: 081.0004359

+1(802) 236-5431

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