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Rutland City,VT 05701
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