33 Woodstock Avenue

Closed 10/11/24
Closed 10/11/24
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Sold
Last Sold Price
$445,000
5,140 sqft
33 Woodstock Ave, Rutland, VT 05701
Multi FamilyProperty Type
0.45 acresLot Size
1920Year Built
$87/sq ftPrice per sq ft

Description

Opportunity to purchase a high cash flow 6-unit turnkey building in the heart of Rutland at an impressive 12% cap. The building has been professionally managed, fully renovated, and a new owner can step into to this turnkey investment, projected to yield over a 19% cash on cash annual average return during the hold period based on current numbers, with significant upside at sale. With a gross potential income upwards of $80K, this fully occupied property has a diverse unit mix of studios, 1br and...Opportunity to purchase a high cash flow 6-unit turnkey building in the heart of Rutland at an impressive 12% cap. The building has been professionally managed, fully renovated, and a new owner can step into to this turnkey investment, projected to yield over a 19% cash on cash annual average return during the hold period based on current numbers, with significant upside at sale. With a gross potential income upwards of $80K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents. Situated on a serene street with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. The building has undergone weatherization and energy efficiency work resulting in lower heating season bills than your average multifamily. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which is already resulting in organic property appreciation and increased interest in the area from investors. Please download the OM for more information about this property. The property is also 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.

    Sold By Casella Real Estate

    • Listed by: Michael Gilman • 3GEN Real Estate Inc
    Listing closed: 10/11/2024 12:00 AM • Source: New England Real Estate Network, MLS#: 5005476
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    $2,779 per month

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    $2,300

    Property Taxes

    $480

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    Property Information for 33 Woodstock Avenue

    Property Details
    Building Information
    • Stories: 2
    • Residences: 6
    • Year Built: 1920
    • Lot Size: 0.45 AC / 19,602 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Latitude: 43.611586000001004
    • Longitude: -72.969588999999999
    • Road Frontage: Yes
    • Seasonal: Unknown
    • State: VT
    • Street Designation: Avenue
    • Zip Code: 05701
    Taxes and HOA Information
    • SPAN Number: 54017017868
    • Tax Year Notes: 23/24
    • Taxes TBD: Unknown
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Lot - Sqft: 19602.0
    • Lot Features: City Lot
    • Lot Size Acres: 0.45
    • Road Frontage Length: 100.0
    • Square Feet Apx Finished Above Grade: 5140.0
    • Square Feet Apx Finished AG Source: Appraiser
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Total: 5140.0
    • Square Feet Apx Total Finished: 5140.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished Below Grade: 0.0
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Brick, Concrete
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1920
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Water Source: Public
    • Utilities: Cable
    • Internet: Internet - Cable
    Interior and Exterior Features
    Exterior Features
    • Construction Materials: Wood Frame
    • Roads: Paved, Public
    • Roof: Shingle - Asphalt
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Crawl Space
    • Heat Fuel: Gas - LP/Bottle, Oil
    • Heating: Baseboard, Forced Air
    • Cooling: None
    • Total Stories: 2.5
    Multi Family
    Income & Expenses Information
    • Gross Income: $80,000.00
    • Net Income: $55,000.00
    • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Professional Management, Sewer, Snow Removal, Trash, Utilities, Water, Water/Sewer
    • Operating Expense: $25,000
    Multi-Family Information
    • Total Units: 6
    • Total 1 BR Units: 3
    • Total 2 BR Units: 1
    • Total 3+ BR Units: 0

    Property History for 33 Woodstock Avenue

    DateEvent & SourcePriceAppreciation
    Oct 11, 2024

    Sold (Public Record)

    Public Record #1542831400

    		$445,000—
    Oct 11, 2024

    Sold

    New England Real Estate Network #5005476

    		$445,000—
    Jul 23, 2024

    Pending

    New England Real Estate Network #5005476

    		—
    DateEvent & SourcePrice
    10/11/2024

    Sold (Public Record)

    Public Record #1542831400

    $445,000
    10/11/2024

    Sold

    New England Real Estate Network #5005476

    $445,000
    07/23/2024

    Pending

    New England Real Estate Network #5005476

    —

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

    Public Records for 33 Woodstock Avenue

    Taxable ValueLand$34,500Additions$127,000Total$161,500
    Tax Record2025$3,113 ($259 / month)
    Home Facts
    Beds0Lot Size19,602 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 17868

    Schools near 33 Woodstock Avenue

    This home is within Rutland City School District.
    Rating
    School
    Type
    Grades
    Distance
    Rutland Intermediate School
    		Public - 3 to 6
    Rutland Middle School
    		Public - 7 to 8
    Rutland Senior High School
    		Public - 9 to 12
    Rutland Northeast Primary School
    		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 Northeast Primary 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)
    This home: 33 Woodstock Avenue, Rutland, VT 05701
    $445,000
    –
    –
    5,140
    19,602
    35 Woodstock Avenue, Rutland, VT 05701
    $225,000
    –
    –
    –
    10,454
    2 East Street, Rutland, VT 05701
    $220,000
    5
    3,027
    11,761
    37 Bellevue Avenue, Rutland, VT 05701
    –
    –
    –
    –
    7,405
    36 Woodstock Avenue, Rutland, VT 05701
    $62,900
    4
    2,100
    –
    964-966 East Street, Rutland, VT 05701
    $330,000
    2
    1,044
    87,120

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    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 09/18/2026 07:07 AM