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  • Listed by: 

    Betsy Adamovich,

    Real Broker LLC 855-450-0442

    $599,000

    15 Kingsley Court, Rutland City, VT 05701

    12beds
    6baths
    5,015sqft
    : 
    Multi Family
    Built in 1968
    -- sqft lot
    $-- Zestimate®
    $119/sqft
    $-- HOA

    What's special

    Open-concept layouts
    Incredible 12.5% Cap Rate at asking! Prime Multi-Family Investment Opportunity in Rutland City. Your next investment opportunity is here! This well-performing 6-unit multifamily property features six (6) 2-bedroom, 1-bath units, each offering open-concept layouts that appeal to today’s renters. With tenants paying their own electric, operating expenses are kept in check, supporting strong and efficient cash flow. The property generates $92,100 in gross annual income and is ideally situated within walking distance to downtown Rutland, with convenient access to public transportation, restaurants, retail, and essential services, fueling consistent rental demand in this desirable location. Adding to the upside, the adjacent property at 17 Kingsley Court, with the same footprint, is also available, presenting a rare opportunity to acquire side-by-side assets for portfolio expansion and operational efficiency. Whether you’re an experienced investor or looking to scale your holdings, this multifamily offering delivers income stability, flexibility, and long-term growth potential in a strong Vermont rental market.
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    Zillow last checked: 8 hours ago

    Listing updated: February 03, 2026 at 10:44am

    Listed by:

    Betsy Adamovich,

    Real Broker LLC 855-450-0442

    Source: PrimeMLS,MLS#: 5075583MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • Kerosene, Forced Air
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Flooring: Vinyl
    • Basement: None
    Interior area
    • Total structure area: 5,015
    • Total interior livable area: 5,015 sqft
    • Finished area above ground: 5,015
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Paved, Off Street
    Features
    • Levels: 3
    Lot
    • Size: 7,405.2 Square Feet
    • Features: City Lot
    Details
    • Parcel number: 54017012974
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Brick Exterior, Vinyl Siding
    • Foundation: Concrete Slab
    • Roof: Asphalt Shingle
    Condition
    • New construction: No
    • Year built: 1968

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Phone Available

    Community & HOA

    Location
    • Region: Rutland

    Financial & listing details

    • Price per square foot: $119/sqft
    • Tax assessed value: $171,000
    • Annual tax amount: $6,978
    • Date on market: 2/3/2026
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    2/3/2026Listed for sale$599,000+7%$119/sqft
    Source: PrimeMLS #5075583 Report a problem
    5/6/2024Listing removed--
    Source: PrimeMLS #4987682 Report a problem
    3/12/2024Listed for sale$560,000$112/sqft
    Source: PrimeMLS #4987682 Report a problem
    12/30/2023Listing removed--
    Source: PrimeMLS #4971734 Report a problem
    9/27/2023Listing removed$560,000$112/sqft
    Source: PrimeMLS #4971734 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024-- $171,000
    2023-- $171,000
    2022-- $171,000

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $4,003/mo
    Principal & interest
    $2865
    Property taxes
    $928
    Home insurance
    $210

      Climate risks

      Neighborhood: Rutland City

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Rutland Town School
      • Middle: Rutland Middle School
      • High: Rutland Senior High School
      • District: Rutland City School District

      Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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