182 State ST new

Rutland City,VT 05701

$ 255000

6 Beds

3 Baths

2884 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $88

MLS Listing ID 5062824

Bedrooms 6

Full Baths 3

Construction Status Existing

Year Built 1890

Annual Tax Amount $6,329

Tax Year 2025

Lot Size 0.510 Acres

Acres 0.51

Property Description

Calling all investors! This versatile three-unit property in Rutland presents a rare opportunity to own an income-generating asset with multiple revenue streams. The main home is a classic two-family residence featuring two spacious apartments—one on the first floor and one on the second. Each unit offers a functional layout. The upstairs apartment has been recently refreshed with brand-new flooring, fresh paint throughout, and the addition of a large closet to enhance the generously sized primary bedroom. A charming sun porch at the rear of the second-floor unit adds to its appeal. Behind the main building sits a detached, stand-alone dwelling —a valuable bonus unit where the tenant pays all their own utilities. This open-concept living space features wood floors, two bedrooms, and a sunny south-facing private deck. Below the living space is a two-bay garage, currently used for storage but offering potential for additional rental income or tenant amenities. A shared driveway leads to an ample off-street parking area, ensuring convenience for all residents. Located adjacent to the paved Rutland Creek Path—a multi-use trail that links Pine Hill Park to downtown. This property offers consistent tenant appeal and excellent proximity to local employers, schools, shopping, and outdoor recreation. With strong rental demand in the area, this is a smart addition to any investment portfolio.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning GB-SWS

Rooms

Basement Entrance Interior

Basement Full,Storage Space,Unfinished,Interior Access

Interior

Cooling None

Flooring Laminate,Softwood,Wood

Exterior

Garage Spaces 1.0

Utilities Available Cable Available,Propane

Waterfront Description No

View Y/N No

Water Access Desc No

View No

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public

Architectural Style Multi-Family

Construction Status Existing

Schools

Elementary Schools Northwest Primary School

Middle Schools Rutland Intermediate School

High Schools Rutland Senior High School

School District Rutland City School District

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