78 North Main Street Rutland City VT 05701 Multi Family $369,000

$369,000 | $185 per sq.ft. Under Contract A 3 Unit Multi Family Home, in Rutland City VT With 2 - One Bedroom Units | 1 - Two Bedroom Units MLS# 5078766

Listed by Mark Triller Real Broker LLC on March 10th 2026
78 North Main Street Rutland City VT 05701

DESCRIPTION

78 North Main Street presents a compelling opportunity for investors and owner-occupants alike. This fully renovated, turnkey, 3 unit, mixed use commercial or residential apartment building, is well positioned along a highly visible stretch of North Main Street. This well-located property benefits from steady traffic counts, strong street presence, and convenient walking access to local stores and shops, as well as downtown amenities, retail, dining, public transportation, Rutland Regional Medical Center, and World Class skiing at Killington/Pico Resorts less than 20 minutes away. Lake Bomoseen and Lake St. Catherine are only 30 minutes away, along with numerous other lakes, trails, bike paths, golf courses and more. Whether you're seeking a strategic addition to your investment portfolio, an Airbnb opportunity, or an owner occupied multi-unit second property for vacationing, or a place to establish and grow your own business, this property offers flexibility and long-term upside potential. The building's layout lends itself to a variety of uses, with ample space to configure for office, retail, service-based operations, or mixed-use possibilities (subject to local approvals). Prominent frontage enhances signage visibility and brand exposure, while on-site features support both customer access and operational efficiency. For investors, this property represents an opportunity to secure an asset in a central, established corridor with strong rental appeal. For owner-occupants, it's a chance to control your overhead, build equity, and operate from a recognizable, easily accessible location. With its prime positioning and versatile potential, 78 North Main Street is ready to support your next venture or investment strategy. Schedule your showing today!
Gross Income : $47400

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UNIT 1 INFORMATION Beds: 2 Baths: 1 Rooms: 4 Tenant Pays : Internet Service Rent : 1650.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased	UNIT 2 INFORMATION Beds: 1 Baths: 1 Rooms: 3 Tenant Pays : Internet Service Rent : 900.00 Monthly Lease Term : Annual Signed Lease : Yes	UNIT 3 INFORMATION Beds: 1 Baths: 1 Rooms: 3 Tenant Pays : Internet Service Rent : 1400.00 Annually Lease Term : Annual Signed Lease : Yes Status : Leased

CONSTRUCTION

Wood Frame | Vinyl Siding | Exterior Color Gray | Year Built: 1900
No. of Floors:2
Total Sq.Ft. Finished: 1991
Above Grade Sq.Ft.: 1991
Apx Below Grade Unfinished Sq.Ft.: 984
Price Per SQ.FT. 185.33
Basement: Concrete Floor | Unfinished | Exterior Access
Heating: Propane | Baseboard | Multi Zone
Cooling: Wall AC Units | Individual
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Cable Available | Propane
Electric Meters:

Style: Apartment Building | Gambrel
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No

LAND LOT INFORMAITION

Lot Description: City Lot | Major Road Frontage | Neighbor Business | Sidewalks | Street Lights
Lot size: 0.39 acres
Zoned: Gateway Business District
Surveyed: Yes
SurveyedBy: Courcelle
Flood Zone: No
Road Frontage: 104
Driveway: Paved

PROPERTY INFORMATION

Taxes $5,427

AREA INFORMATION

School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Middle School
High School: Rutland Senior High School

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