Three great Buildings with huge net income potential! This smart investment includes five total units, four of them being two-bedroom units and the fifth being a single bedroom upstairs unit above the converted barn. The first floor of the barn could be used for storage or a workshop. Yearly gross income potential is $93,600 with slight rent increases. Recent upgrades include a new boiler system in the barn apartment, exterior painting and contractor capital improvements totaling more than $73,000. Showings to begin on (4/19).
Unique Commercial Property with Endless Potential! This exceptional commercial property offers 12 bedrooms and 3.5 bathrooms and was previously used as a residential care home. Featuring a whole-house sprinkler system and a whole-house generator, it is well-equipped for various commercial or residential uses. The possibilities are endless! Convert it into a spacious multi-family home, office building, boarding house, or maintain it as a care facility. With its room-by-room rental potential, it could be a great fit for seasonal employees like at Killington Mountain or those seeking affordable, long-term accommodations. Additional features include ample parking and a prime location within walking distance of daily necessities, making it highly convenient for tenants or business operations. Don’t miss this unique investment opportunity—schedule your showing today and explore the possibilities!
The former home of Leader Evaporator, this property provides excellent commercial development potential in Rutland City. Located within an Opportunity Zone and also within the newly defined TIF District, this Industrial zoned property has a tremendous flexibility of permitted uses. Turnkey opportunity for warehousing and storage with over 30,000 square feet. Due to its location within the Neighborhood Development Area, property is exempt from Act 250 permitting for up to 75 Residential Units. Great potential to partner with the city of Rutland to enhance walkability from the property to Downtown Rutland, including the Amtrak station.
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