43 Summer St

Rutland, VT 05701

$449,000
Price
8
Beds
8
Baths
3,896 Sq. Ft.
$115 / Sq. Ft.
3,896
Sq. Ft.
$115
per Sq. Ft.
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Under Contract
Under Contract

Description

Investment Opportunity: 8-Unit Multifamily in Rutland City Don’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property...Investment Opportunity: 8-Unit Multifamily in Rutland City Don’t miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.
  1. Listed by Betsy Adamovich • Real Broker LLC

Property Details for 43 Summer Street

Zoning
MR1
LISTING UPDATED: 04/02/2026 12:55 AM

Property Details for 43 Summer Street

StatusUnder Contract
MLS #5081739
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1860
Lot Size0.11 AC / 4,791 SF
CountyRutland County
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Location

Listing Courtesy of Real Broker LLC
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Building Information for 43 Summer Street

Stories2Residences8Year Built1860Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

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$2,261 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,261

Property Taxes

$0

HOA Dues

$0

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Property Information for 43 Summer Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.610473000001001
  • Longitude: -72.982568999999998
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-12669
  • Taxes TBD: Unknown
Parking
  • Garage: No
  • Driveway: Dirt
Property
Lot Information
  • Lot Features: City Lot, Sidewalks, Street Lights
  • Lot Size Acres: 0.11
  • Total Finished Area: 3896.0
  • Above Grade Finished Area: 3896.0
  • Above Grade Finished Area Source: Public Records
  • Above Grade Unfinished Area: 535.0
  • AboveGradeUnfinishedAreaSource: Public Records
  • Below Grade Finished Area: 0.0
  • Below Grade Unfinished Area: 2098.0
  • BelowGradeUnfinishedAreaSource: Public Records
  • Lot Size Square Feet: 4792.0
  • Total Area: 6529.0
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1860
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available, Telephone Available
  • Internet: High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Frame, Vinyl Siding
  • Roof: Shingle
Interior Features
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Partial, Unfinished
  • Heating: Oil, Forced Air
  • Cooling: None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Operating Expense Incl: Heat, Insurance, Snow Removal, Trash, Water/Sewer
  • Operating Expense: $36,746
Multi-Family Information
  • Total Units: 8
  • Total 1 BR Units: 6
  • Total 2 BR Units: 1
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Rental Amt Freq: Monthly
  • Unit 1 Status: Leased
  • Unit 1 Rental Amount: $650.00
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Status: Leased
  • Unit 2 Rental Amt Freq: Monthly
  • Unit 2 Bedrooms: 1
  • Unit 2 Rental Amount: $725.00
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Rental Amt Freq: Monthly
  • Unit 3 Status: Leased
  • Unit 3 Bedrooms: 1
  • Unit 3 Rental Amount: $900.00
Unit 4
  • Unit 4 Rental Amt Freq: Monthly
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1
  • Unit 4 Status: Leased
  • Unit 4 Rental Amount: $650.00
Unit 5
  • Unit 5 Rental Amt Freq: Monthly
  • Unit 5 Status: Leased
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 1
  • Unit 5 Rental Amount: $750.00
Unit 6
  • Unit 6 Baths: 1
  • Unit 6 Bedrooms: 1
  • Unit 6 Rental Amt Freq: Monthly
  • Unit 6 Status: Leased
  • Unit 6 Rental Amount: $850.00
Unit 7
  • Unit 7 Bedrooms: 2
  • Unit 7 Baths: 1
  • Unit 7 Rental Amt Freq: Monthly
  • Unit 7 Status: Leased
  • Unit 7 Rental Amount: $1,200.00
Unit 8
  • Unit 8 Baths: 1
  • Unit 8 Rental Amount: $900.00
  • Unit 8 Rental Amt Freq: Monthly
  • Unit 8 Status: Leased
  • Unit 8 Style: studio
  • Unit 8 Bedrooms: 0

Property History for 43 Summer Street

DateEvent & SourcePriceAppreciation
Apr 1, 2026

Active Under Contract

New England Real Estate Network #5081739

—
Apr 1, 2026

Listed (Active)

New England Real Estate Network #5081739

$449,000—
Sep 16, 2025

Expired

New England Real Estate Network #5017747

—
DateEvent & SourcePrice
04/01/2026

Active Under Contract

New England Real Estate Network #5081739

—
04/01/2026

Listed (Active)

New England Real Estate Network #5081739

$449,000
09/16/2025

Expired

New England Real Estate Network #5017747

—

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

Public Records for 43 Summer Street

Taxable ValueLand$60,700Additions$105,000Total$165,700
Home Facts
Lot Size4,792 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 12669

Schools near 43 Summer Street

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
Stafford Technical Center
Public - 9 to 12
Rating
School
Distance
Rutland Intermediate School
Public3 to 6

Rutland Middle School
Public7 to 8

Rutland Senior High School
Public9 to 12

Stafford Technical Center
Public9 to 12

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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Listing Courtesy of Real Broker LLC

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 04/24/2026 05:42 AM