$299,900
$25K PRICE DROP

52 Chestnut Ave Rutland, VT 05701

Estimated payment $1,974/month

Total Views 48,624
-- Bed
-- Bath
2,250 Sq Ft
$133 Price per Sq Ft

About This Home

Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment.
Conveniently located walking distance to downtown Rutland. A lot of renovations, yearly gross income is over $56000, net income is over $37000 within cap rate at asking price over 11%.

Listing Agent

Mike Kalil

Watson Realty & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Parking

  • Gravel Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Basement

Community Details

  • Gross Income $56,940

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1899
  • Architectural Style: Multi-Family
  • Road Frontage Type: Paved, Public
  • MLS Status: (10) Active - Active
  • Above Grade Finished Sq Ft: 2250.0
  • Unit Levels: Two
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement YN: Yes

Exterior Features

  • Driveway: Gravel
  • Roof: Shingle - Asphalt
  • Construction Type: Wood Frame, Vinyl Exterior
  • Foundation Details: Brick/Mortar, Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Oil, Baseboard, Hot Water
  • Cooling: None
  • Utilities: Phone Available
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: Residential
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5663.0

Multi Family

  • Gross Income: 56940.0
  • Number Of Units Total: 5
  • Net Operating Income: 37262.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4153.24

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Off Market $299,900 -- --
03/13/2025 03/13/25 Price Changed $299,900 0.0% $133 / Sq Ft
03/13/2025 03/13/25 For Sale $299,900 -7.7% $133 / Sq Ft
01/24/2025 01/24/25 For Sale $325,000 -- $144 / Sq Ft
Source: PrimeMLS

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Source: PrimeMLS

MLS Number: 5027565

PrimeMLS

Vermont Rutland County Rutland 05701

52 Chestnut Ave, Rutland, VT

Homes for Sale in Rutland, VT

This home is located at 52 Chestnut Ave, Rutland, VT 05701 and is currently priced at $299,900, approximately $133 per square foot. This property was built in 1899. 52 Chestnut Ave is a home located in Rutland County with nearby schools including Rutland Intermediate School, Rutland Middle School, and Rutland Senior High School.

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Mike Kalil
Listing Agent
Mike Kalil
Section Image
Watson Realty & Associates
(802) 768-7660