Bought with Peggy Steves • Real Broker LLC
For more information regarding the value of a property, please contact us for a free consultation.
40 Cottage ST Rutland City, VT 05701
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $58
MLS Listing ID 5035840
Sold Date 05/30/25
Bedrooms 6
Full Baths 4
Construction Status Existing
Year Built 1909
Annual Tax Amount $5,253
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th.
Location
State VT
County Vt-rutland
Area Vt-Rutland
Zoning RESD1
Rooms
Basement Entrance Walk-up
Basement Bulkhead, Unfinished
Interior
Cooling None
Exterior
Utilities Available Cable - Available, Telephone Available
Roof Type Shingle
Building
Story 2
Foundation Stone
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
Schools
Elementary Schools Northwest Primary School
Middle Schools Rutland Intermediate School
High Schools Rutland Senior High School
School District Rutland City School District
Read Less

GET MORE INFORMATION
