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Courtesy of Betsy Adamovich of Real Broker LLC: .

15 Kingsley Court

Rutland City, VT 05701
  • $599,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 5075583
UPDATED: 45 min ago
$599,000
  • 12
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,015
    SQFT
  • $119
    $/SQFT
Type:
Multi-Family
Built:
1968
County:
Area:

School Information

Elementary School:
Middle School:
School District:

Description

Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.

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© Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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. Data last updated 2026-02-14T14:05:39.147.
www.livingvermont.com/homes/172696386
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15 Kingsley Court Rutland City, VT 05701

  • Price: $599,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 45 min ago
  • MLS #: 5075583
12
Beds
0
Baths
0
½ Baths
0.17
Acres
5,015
SQFT
$119
$/SQFT
1968
Built
County:
Rutland
Area:
Rutland City
Elementary School:
Rutland Town School
Middle School:
Rutland Middle School
High School:
Rutland Senior High School
School District:
Rutland City School District
Property Description
Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.
Exterior Features

Architectural Style Multi-Family Construction Materials Wood FrameBrick ExteriorVinyl Siding Driveway Paved Has Garage No Lot Features City Lot Parking Off StreetPaved Road Frontage TBD Roof Asphalt Shingle

Interior Features

Basement Description None Cooling None Flooring Vinyl Foundation Concrete Slab Has Basement No Heating KeroseneForced Air Total Heated Units 6 Total Ranges 6 Total Refrigerators 6 Total Water Heaters 6 Unit1 Baths 1 Unit2 Baths 1 Unit3 Baths 1 Unit4 Baths 1 Unit5 Baths 1 Unit6 Baths 1

Property Features

Construction Status Existing Electric Circuit Breaker(s) Flood Zone No Foreclosed / Bank Owned / REO No Gross Income 92100 Pre Construction No Road Frontage Type PavedPublic Seasonal No Sewer Public Tax Gross Amount 6978 Tax Year 2025 Taxes Tbd No Total1 Bed Units 0 Total2 Bed Units 6 Total3 Plus Bed Units 0 Unit1 Rental Amount 1250 Unit2 Rental Amount 1250 Unit3 Rental Amount 1500 Unit4 Rental Amount 1250 Unit5 Rental Amount 1200 Unit6 Rental Amount 1225 Utilities Telephone Available Water Source Public Zoning Residential

Courtesy of Betsy Adamovich of Real Broker LLC: .


© Copyright 2026 PrimeMLS. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site 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. Data last updated 2026-02-14T14:05:39.147.
 
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