$449,000 | $101 per sq.ft. Under Contract
A 4
Unit Multi Family Home, in Rutland City VT
With 2 - One Bedroom Units | 1 - Two Bedroom Units | 1 - Three Bedroom Units MLS# 5080310
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Listed by Mark Triller Real Broker LLC on
March 23rd 2026
2 Jackson Ave & 94 South Main Street Rutland City VT 05701
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DESCRIPTION
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A RARE TWO-BUILDING INVESTMENT & LIFESTYLE OPPORTUNITY IN THE HEART OF RUTLAND! Situated on a single .24-acre city lot, 2 Jackson Avenue and 94 South Main Street, being sold together, offer a unique blend of strong income potential and flexible living options. Whether you're an investor seeking solid cash flow, an owner-occupant looking to offset your mortgage, or someone dreaming of a seasonal Vermont retreat with income in place--this property delivers. The fully renovated single-family home at 94 South Main Street features 4 bedrooms and 2 baths with extensive updates including windows, doors, kitchen, bath, flooring, and appliances. The adjacent multi-family at 2 Jackson Avenue offers three recently renovated apartments with updated finishes throughout. With tenants in the single family property paying all utilities--including heat, electric, water/sewer, and internet--overall expenses stay low and returns stay strong, currently generating $47,599 in net income. Major capital improvements for added peace of mind include newer: roofs (2018), boilers (2019), oil tanks (2019), updated windows (2018-2020), plus added gutters and a replaced deck. Live in one unit and let the others pay your way, or enjoy a seasonal getaway while your investment works year-round. Conveniently located just minutes to Rutland Regional Medical Center, downtown dining, shopping, and only blocks to White's Pool and Recreation Park. Also only minutes from world class skiing at Killington/Pico Resorts. Burlington and Albany Airports are less than 2hours away. Turnkey, well-maintained, and income-producing--this is Vermont living with built-in financial upside.
Appliances : Electric Water Heater | Separate Water Heater
Gross Income : $61800
Net Income: $
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UNIT 1 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
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UNIT 2 INFORMATION
Beds: 1
Baths: 1
Rooms: 0
Level: 1
Info : Appliances Included,CO Detector,Heat Included,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1000.00 Monthly
Lease Term : Annual
Signed Lease : Yes
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UNIT 3 INFORMATION
Beds: 2
Baths: 1
Rooms: 5
Level: 2
Info : Appliances Included,CO Detector,Heat Included,Porch,Smoke Detector
Tenant Pays : Electric,Internet Service
Rent : 1450.00 Monthly
Lease Term : Annual
Signed Lease : Yes
Status : Leased
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UNIT 4 INFORMATION
Beds: 4
Baths: 2
Rooms: 7
Info : Appliances Included,CO Detector,Oil Heat,Porch,Refrigerator,Smoke Detector
Tenant Pays : All Utilities,Electric,Heat,Hot Water,Internet Service,Sewer,TV Service,Water
Rent : 1700.00 Monthly
Lease Term : Annual
Status : Leased
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CONSTRUCTION
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Wood Frame | Exterior Color White | Year Built: 1880
No. of Floors:2
Total Sq.Ft. Finished: 4460
Above Grade Sq.Ft.: 4460
Apx Below Grade Unfinished Sq.Ft.: 1302
Price Per SQ.FT. 100.67
Basement: Concrete Floor | Gravel | Interior Stairs | Storage Space | Unfinished
Heating: Oil
Cooling: None
Electric: Circuit Breaker(s)
Utilities: Cable Available | Telephone Available
Electric Meters: 4
Gas_Meters: 0
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Style: Farmhouse | Multi-Family
Roof: Shingle
Water: Public
Sewer: Public
Seasonal: No
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LAND LOT INFORMAITION
Lot Description: City Lot | Corner | Sidewalks | Street Lights
Lot size: 0.24 acres
Zoned: RESD 1
Surveyed: Unk
Flood Zone: No
Driveway: Paved
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PROPERTY INFORMATION
Docs Available : Deed | Lease Agreements | Tax Map
Taxes $6,758
| Assesed Value $165,600 in 2024
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AREA INFORMATION
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School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Intermediate School
High School: Rutland Senior High School | |
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