77 River St

Rutland, VT 05701

$291,000
Last Sold Price
6
Beds
4
Baths
2,332 Sq. Ft.
$125 / Sq. Ft.
2,332
Sq. Ft.
$125
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/4/24
Closed 11/4/24

Description

High cash flow 4plex, updated and professionally managed, located in Rutland. Listed at close to a 10% cap and a Net Operating Income over $31K, with significant upside from undermarket rents. This combination of value-add and high cash flow is rare to find. Perfect for a high cash flow investment or live in one unit for free while covering mortgage + expenses and enjoying additional cash flow. One Unit has been left open for showings or immediate owner occupancy. The building has been professionally...High cash flow 4plex, updated and professionally managed, located in Rutland. Listed at close to a 10% cap and a Net Operating Income over $31K, with significant upside from undermarket rents. This combination of value-add and high cash flow is rare to find. Perfect for a high cash flow investment or live in one unit for free while covering mortgage + expenses and enjoying additional cash flow. One Unit has been left open for showings or immediate owner occupancy. The building has been professionally managed and renovated. The investment is projected to yield over a 13% year 1 cash on cash return based on current numbers, and cash returns can go to 23%+ per year if rents are brought to market. This allows the new owner to realize significant returns from cash flow vs speculation. 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, 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.
  1. Listed by Michael Gilman • 3GEN Real Estate Inc

Sold By Four Corner Properties LLC

Property Details for 77 River Street

Zoning
MR-1
LISTING CLOSED: 11/04/2024 12:00 AM

Property Details for 77 River Street

StatusClosed
MLS #5014031
Days on Market4
Taxes$4,366 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family
Year Built1900
Lot Size0.16 AC / 6,969 SF
CountyRutland County
Get preapproved with Rocket Mortgage1

Location

Add your commute

Building Information for 77 River Street

Stories2Residences4Year Built1900Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

Get preapproved with Rocket Mortgage1

$1,843 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,479

Property Taxes

$364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 77 River Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.602160000001000
  • Longitude: -72.979624000000001
  • Road Frontage: TBD
  • Seasonal: Unknown
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 54017014083
  • Tax Year: 24
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot - Sqft: 6970.0
  • Lot Features: Other
  • Lot Size Acres: 0.16
  • Square Feet Apx Finished Above Grade: 2332.0
  • Square Feet Apx Finished AG Source: Appraiser
  • Square Feet Apx Finished Below Grade: 0.0
  • Square Feet Apx Total: 3498.0
  • Square Feet Apx Total Finished: 2332.0
  • Square Feet Apx Unfinished Above Grade: 0.0
  • Square Feet Apx Unfinished Below Grade: 1166.0
  • Square Feet Apx Unfinished BG Source: Appraiser
Property and Assessments
  • Property Class: Multi-Family
  • Construction Status: Existing
  • Flood Zone: No
  • Foundation: Brick, Stone
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1900
Utilities
  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable
  • Internet: Internet - Cable
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Exterior
  • Roads: Paved
  • Roof: Shingle - Asphalt
Interior Features
  • Basement: Yes
  • Basement Access Type: Walkout
  • Basement Description: Full
  • Heat Fuel: Oil
  • Heating: Baseboard
  • Cooling: None
  • Total Stories: 2
Multi Family
Income & Expenses Information
  • Gross Income: $51,242.00
  • Net Income: $31,203.00
  • Operating Expense Incl: Heat, Insurance, Maintenance, Professional Management, Sewer, Snow Removal, Trash, Utilities, Water/Sewer
  • Operating Expense: $20,039
Multi-Family Information
  • Total Units: 4
  • Total 1 BR Units: 2
  • Total 2 BR Units: 2
  • Total 3+ BR Units: 0
Unit Information
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 1
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 2
Unit 4
  • Unit 4 Baths: 1
  • Unit 4 Bedrooms: 1

Property History for 77 River Street

DateEvent & SourcePriceAppreciation
Nov 4, 2024

Sold

New England Real Estate Network #5014031

$291,000—
Nov 1, 2024

Sold (Public Record)

Public Record #1544237265

$291,000

+23.6% / yr

Sep 16, 2024

Pending

New England Real Estate Network #5014031

—
DateEvent & SourcePrice
11/04/2024

Sold

New England Real Estate Network #5014031

$291,000
11/01/2024

Sold (Public Record)

Public Record #1544237265

$291,000

+23.6% / yr

09/16/2024

Pending

New England Real Estate Network #5014031

—

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

Public Records for 77 River Street

Taxable ValueLand$28,400Additions$94,100Total$122,500
Home Facts
Beds0Lot Size6,970 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 14083

Schools near 77 River 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.

Similar Homes

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
79 River Street, Rutland, VT 05701
$98,000
3
1,608
16,117
71 River Street, Rutland, VT 05701
–
–
–
–
16,117
76 River Street, Rutland, VT 05701
$58,000
–
–
–
7,405
74 River Street, Rutland, VT 05701
–
–
–
–
8,712
78 River Street, Rutland, VT 05701
$195,000
3
1,118
6,534

Explore Nearby Homes

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 08/01/2026 07:17 AM