Seller's Agent in 2025
Max Walker
Watson Realty & Associates
(802) 558-0333
51 in this area
80 Total Sales
15 Woodstock Ave Rutland, VT 05701
7
Beds
6
Baths
3,869
Sq Ft
7,841
Sq Ft Lot
About This Home
As of March 2025Opportunity to purchase a high cash flow 6 unit turnkey building in the heart of Rutland at an impressive 11% cap (13% cap at proforma market rents). The building has been professionally managed, fully renovated, and a new owner can step into to this turnkey investment, projected to yield over a 20% cash on cash return during the hold period based on current numbers, with significant upside at sale.
With a gross potential income upwards of $80K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents. Situated on a street with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. The building has undergone weatherization and energy efficiency work resulting in lower heating season bills than your average multifamily.
In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which 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.
Last Agent to Sell the Property
3GEN Real Estate Inc License #081.0134330 Listed on: 08/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,214
Year Built
- Built in 1900
Lot Details
- 7,841 Sq Ft Lot
Parking
- Gravel Driveway
Home Design
- Concrete Foundation
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Masonry
Interior Spaces
- Property has 2.5 Levels
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Walk-Up Access
Utilities
- Hot Water Heating System
- Internet Available
- Cable TV Available
Community Details
- 6 Units
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Rent | $1,200 | 0.0% | -- |
| 03/21/2025 03/21/25 | Sold | $440,000 | 0.0% | $114 / Sq Ft |
| 02/15/2025 02/15/25 | Off Market | $440,000 | -- | -- |
| 09/22/2024 09/22/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | For Sale | $460,000 | -- | $119 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
Max Walker
-
Michael Gilman
M
Seller's Agent in 2025
Michael Gilman
3GEN Real Estate Inc
(917) 710-0899
9 in this area
14 Total Sales
Map
Source: PrimeMLS
MLS Number: 5009711
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