Gail Beardmore
Engel & Völkers Okemo
(802) 797-7068
78 Total Sales
1 in Rutland
$87,500 Price
43 Summer St Rutland, VT 05701
Rutland Area
8
Beds
8
Baths
3,896
Sq Ft
4,792
Sq Ft Lot
About This Home
As of May 2026Investment Opportunity: 8-Unit Multifamily in Rutland City
Don’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.
Last Agent to Sell the Property
Real Broker LLC License #082.0135053 Listed on: 04/02/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1860
Lot Details
- 4,792
Parking
- Dirt Driveway
Home Design
- Stone Foundation
- Wood Frame Construction
- Shingle Roof
- Vinyl Siding
Interior Spaces
- Property has 2 Levels
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Phone Available
- Cable TV Available
Additional Features
- 4,792 Sq Ft Lot
- City Lot
Community Details
- 8 Units
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2026
Closed on
May 15, 2026
Sold by
Bought by
Seller's Agent
Betsy Adamovich
Real Broker LLC
Buyer's Agent
Betsy Adamovich
Real Broker LLC
List Price
$449,000
Sold Price
$360,000
Premium/Discount to List
-$89,000
-19.82%
Views
3
Purchase Details
Closed on
Oct 5, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Rutland, VT
-
Gail Beardmore
-
Lawrence Zupan
Lawrence Zupan
EXP Realty
(802) 856-8301
41 Total Sales
3 in Rutland
$180K - $539K Price Range
-
Justin Ranney
Justin Ranney
Coldwell Banker Homes Unlimited
(802) 526-6944
90 Total Sales
1 in Rutland
$300,000 Price
-
Margretta Fischer
Margretta Fischer
Wohler Realty Group
(802) 944-4455
239 Total Sales
2 in Rutland
$78K - $460K Price Range
-
Alison Cummings
Alison Cummings
Responds QuicklyCummings & Co
(802) 797-7769
82 Total Sales
1 in Rutland
$305,000 Price
-
Sue Walsh
Sue Walsh
BHHS Vermont Realty Group/Middlebury
(802) 392-2832
68 Total Sales
11 in Rutland
$105K - $585K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $360,000 | -- | ||
| -- | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/15/2026 05/15/26 | Sold | $360,000 | -19.8% | $92 / Sq Ft |
| 04/02/2026 04/02/26 | For Sale | $449,000 | -- | $115 / Sq Ft |
Source: PrimeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,194 | $165,700 | $60,700 | $105,000 |
| 2024 | -- | $165,700 | $60,700 | $105,000 |
| 2023 | -- | $165,700 | $60,700 | $105,000 |
| 2022 | $5,722 | $165,700 | $60,700 | $105,000 |
| 2021 | $5,794 | $165,700 | $60,700 | $105,000 |
| 2020 | $5,742 | $165,700 | $60,700 | $105,000 |
| 2019 | $5,600 | $165,700 | $60,700 | $105,000 |
| 2018 | $5,310 | $165,700 | $60,700 | $105,000 |
| 2017 | $5,213 | $165,700 | $60,700 | $105,000 |
| 2016 | $5,205 | $165,700 | $60,700 | $105,000 |
| 2015 | -- | $1,657 | $0 | $0 |
| 2014 | -- | $1,657 | $0 | $0 |
| 2013 | -- | $1,657 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Adamovich
Seller's Agent in 2026
Betsy Adamovich
Real Broker LLC
(802) 772-0330
119 Total Sales
Map
Source: PrimeMLS
MLS Number: 5081739
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2026 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.
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