SoldMay 26, 2026

Listed by Mike Kalil from Watson Realty & Associates

Source: PrimeMLS #5075867

44 Baxter Street, Rutland, VT, 05701

$395,000

6
6
4000 sq. ft.
2614 sq. ft.

MultiFam

21 days on the market

Sold: May 26, 2026

What's around 44 Baxter Street

About this property

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.

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