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28 units 2 Multifamily Properties Offered at $1,739,392 CAD in Multiple Locations
Investment Highlights
- Investment property featuring two well-maintained buildings with a total of 14 one-bedroom units.
- Strong income potential with pro forma gross annual revenue of $197,400 and expenses around $60,000 (excluding management, maintenance, vacancy, and d
- Offered individually at $1,260,000 or as part of a 28-unit portfolio alongside a companion property in Castleton.
- Front building offers 10 units, while the rear building contains 4 units on a spacious 1.20± acre lot.
- Current cap rate above 10.8%, delivering an impressive return for investors.
- Ample parking with a loop driveway and convenient location to city amenities in Center Rutland.
Executive Summary
Great investment opportunity, Well maintained property in Rutland town ( Center Rutland) this property consists of two buildings, Front building with 10units and the back building is 4 units , Total of 14 units all one bedroom apartments, Sits on a large parcel over 1.20 +- Acres , Plenty of parking with a loop drivewayConvenient for tenants, Vinyl siding and vinyl replacement windows, The pro forma Numbers on this property with 100% occupancy is As follows Gross revenues $197,400 A year With expenses just around $60,000 per year, not including management , regular maintenance calls, Vacancy rateAnd debt service, Current CAP Rate Above10.8% theis 14 unites is in Center Rutland 260 business us 4 , Rutland Town being offered at $1,260,000,This property is offered with another 14 unit property in Castleton ($1,260,000) as 28 units package 11 units are occupied currently the other 3 are in transition .Two Heating boilers service the front building and one boiler Services the back building. His property is convenient to the city amenities .
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$407,080
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $407,080 |
Property Facts
| Price | $1,739,392 CAD | Number of Properties | 2 |
| Price / SF | $51.00 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 23.40% | Total Building Size | 34,108 SF |
| Sale Type | Investment | Total Land Area | 8.36 AC |
| Status | Active |
| Price | $1,739,392 CAD |
| Price / SF | $51.00 CAD / SF |
| Cap Rate | 23.40% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 34,108 SF |
| Total Land Area | 8.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2137 Vt 30, Bomoseen, VT 05732 | Multifamily | 16,988 SF | 1925 | - |
| 260 Business us route 4, Rutland Town, VT 05701 | Multifamily | 17,120 SF | 1987 | - |
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