Last Sold Price
11 beds6 baths4,600 sqft$111/sqft
129 Curtis Ave, Rutland, VT 05701

Description

Immaculate 6plex located a desirable quaint residential Rutland neighborhood. This rarely vacant building has 5x2br and 1x1br, a net operating income north of $60K, and is being listed at a ~11.5% cap rate based on current numbers. Units has been renovated and building has undergone weatherization resulting in lower-than-average annual heating bills. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers to...Immaculate 6plex located a desirable quaint residential Rutland neighborhood. This rarely vacant building has 5x2br and 1x1br, a net operating income north of $60K, and is being listed at a ~11.5% cap rate based on current numbers. Units has been renovated and building has undergone weatherization resulting in lower-than-average annual heating bills. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Rents can be brought to market to achieve close to 20% cash on cash return by year 2. One unit has been left open for showings or immediate owner occupancy, but the building has traditionally been 100% occupied. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 6plex ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.
LISTING CLOSED: 01/27/2025 12:00 AM

  1. Listed by Michael Gilman • 3GEN Real Estate Inc

Sold By Cummings & Co

Property Details for 129 Curtis Avenue

Status
MLS #
5021984
Days on Market
13
Taxes
$7,592 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family
Year Built
1969
Lot Size
0.36 AC / 15,681 SF
Zoning
MR-1

Location

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Building Information for 129 Curtis Avenue

Stories2Residences6Year Built1969Building Size-Lot Size0.36 AC / 15,681 SF

Payment Calculator

$3,225 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,592

Property Taxes

$633

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 129 Curtis Avenue

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.593816000000999
  • Longitude: -72.957266000000004
  • Road Frontage: Yes
  • Seasonal: Unknown
  • State: VT
  • Street Designation: Avenue
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 54017017866
  • Tax Year: 2023
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Paved
Property
Lot Information
  • Lot - Sqft: 15682.0
  • Lot Features: Sidewalks
  • Lot Size Acres: 0.36
  • Road Frontage Length: 100.0
  • Square Feet Apx Finished Above Grade: 4600.0
  • Square Feet Apx Finished AG Source: Appraiser
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 4600.0
  • Square Feet Apx Total Finished: 4600.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 0.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Concrete
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1969
Utilities
  • Electric: 100 Amp
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Masonry, Wood Frame, Vinyl Siding
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: No
  • Heating: Oil, Baseboard
  • Cooling: None
  • Total Stories: 2.5
Multi Family
Multi-Family Information
  • Total Units: 6
  • Total 1 BR Units: 1
  • Total 2 BR Units: 5
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 2
Unit 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 2
Unit 5
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
Unit 6
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 2

Property History for 129 Curtis Avenue

DateEvent & SourcePriceAppreciation
Jan 27, 2025

Sold (Public Record)

Public Record #1549846428

$510,000—
Jan 27, 2025

Sold

New England Real Estate Network #5021984

$510,000—
Nov 26, 2024

Pending

New England Real Estate Network #5021984

—
DateEvent & SourcePrice
01/27/2025

Sold (Public Record)

Public Record #1549846428

$510,000
01/27/2025

Sold

New England Real Estate Network #5021984

$510,000
11/26/2024

Pending

New England Real Estate Network #5021984

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 129 Curtis Avenue

Taxable ValueLand$74,600Additions$138,400Total$213,000
Home Facts
Lot Size15,682 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 17866

Schools near 129 Curtis Avenue

This home is within Rutland City School District.
Rating
School
Type
Grades
Distance
Public - 3 to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 2
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Rutland Northwest School
PublicPK to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
$31,000
–
–
–
–
$25,000
–
–
–
–
$250,000
3
1,288
20,473
$40,000
–
–
–
–
$25,000
–
–
–
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 3GEN Real Estate Inc

Copyright 2026 PrimeMLS, Inc. 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 08/02/2026 02:40 PM