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Back 44 Baxter Street
Off Market

44 Baxter Street

Rutland VT 05701

6
6
4000 sq. ft.
2614 sq. ft.
Multi-Family
Last sold for $395,000
Mike KalilMike Kalil, last sold this property on 26 May 2026 after 109 days on market.

Overview

High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare opportunity to acquire a cash-flowing, stabilized multifamily asset with an exceptional return profile.

Features

6 bedrooms
6 bathrooms
4000 sq. ft. floor area
2614 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Rutland over the last 12 months, the estimated median property value of 44 Baxter Street is $365k.

Median value
$365k
Estimated value range
$182.5k - $415k
Median days on market
61
Estimated value trend
38%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rutland. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 44 Baxter Street

2026
Sold
$395,000
26 May 2026 by Mike Kalil, of Watson Realty & Associates
2021
Sold
$150,000
15 Jul 2021 by Mike Kalil, of Watson Realty & Associates

Happy sellers in Rutland

~%

We have insufficient information to provide an overview of customer satisfaction for Rutland. Viewing the agent profiles, reviews and sales for Rutland can provide insights for this location.

Local market activity for 6 bedroom multi families in Rutland

In the last 12 months, 3 six-bedroom multi families similar to 44 Baxter Street, have been sold.

This represents a 64% increase in six-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rutland

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Freddie Ann Bohlig

Freddie Ann Bohlig is a recommended agent for Rutland.  They have 17 local sales across the last 12 months.

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Leona Minard

Leona Minard is a recommended agent for Rutland.  They have 7 local sales across the last 12 months.

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Rhonda Nash

Rhonda Nash is a recommended agent for Rutland.  They have 5 local sales across the last 12 months.

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Claire Thompson

Claire Thompson is a recommended agent for Rutland.  They have 5 local sales across the last 12 months.

  •  5 Sales in Rutland
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