11 & 11 1/2 Lincoln Avenue, Rutland City, VT 05701

New Owner Welcome ! This 5-unit property was purchased in July 1982 and has been kept-up by the current owner who is carefully preparing to step away. This property is priced to sell and is being sold As-Is. Rents are currently very low resulting in a negative NOI today, all clearly detailed in the Seller's financial ledger page. There is good opportunity here to turn things around. Two units are vacant and can be easily shown, the remaining 3 units will need a thorough cleaning and renovations, requiring a 48-hour notice to tenants to show. The front building, north side roof, is near needing to be re-shingled; as you begin to lay out your top priorities here. LOCATION is less than half mile to the Marble Valley Transit District to head up to Killington, Middlebury, etc., or to simply get around town. Close to Amtrak local grocers retail restaurants parks library theater arts... ...it is simply a great location, when you stop to think about just how very much is so close by.