Rutland City VT
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| | Rutland City VT Other Property Listings For Sale |
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Under Contract
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$269,000 | $60 per sq.ft.
40 Cottage Street
Number of Units 3 Total Sq. Ft. 4480 | Acres: 0.15
Exceptional Investment Opportunity: A Renovated Multi-Family Property with Owner-Occupancy Potential. Seize this outstanding opportunity to acquire a well maintained multi-family property, free from "deferred maintenance" and poised for immediate returns. Fully updated within the last 14 years, including vinyl siding and windows, shingle roof (2014), Buderus boiler (2017), and new oil tank (2020), ensuring long-term durability and reduced upkeep costs. Solid Rental History demonstrating consistent occupancy with below-market rents, presenting an opportunity for increased revenue. Conveniently situated near downtown, offering tenants easy access to public transportation, schools, area recreations, shopping, and entertainment. One unit is currently vacant, providing an excellent opportunity for an owner-occupant. Its prime location and comprehensive updates make it a turnkey solution for investors seeking a low-maintenance addition to their portfolio. The below-market rents present an opportunity to enhance cash flow through strategic adjustments. A minimum of 48 hours' notice is required for showings. Don't miss out on this must-see investment property that combines recent updates with significant income potential. Delayed Showings. Showings begin Monday April 14th. See
MLS Property & Listing Details & 20 images.
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$275,000 | $85 per sq.ft.
100 South Street
Number of Units 4 Total Sq. Ft. 3246 | Acres: 0.35
Opportunity knocks with this 4-unit multifamily property located in the heart of Rutland City! Featuring three completed units--two of which have been recently renovated with modern finishes--this property is perfect for investors looking to generate immediate rental income. The fourth unit has been gutted to the studs, offering a blank canvas for the next owner to bring their vision to life. With its flexible potential and prime location, this property is an excellent investment opportunity. Whether you're an experienced investor or just starting, the opportunity to finish the fourth unit and maximize rental potential makes this property a must-see. Don't miss your chance to own this versatile investment property! See
MLS Property & Listing Details & 38 images.
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Under Contract
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$279,000 | $103 per sq.ft.
166 State Street
Number of Units 5 Total Sq. Ft. 2700 | Acres: 0.21
Investor Opportunity in Rutland City! 166 State Street is a 5-unit multifamily property with a strong rental history and solid numbers. With a gross annual income of $54,000 and expenses currently at $24,552, this property nets $29,448 annually--offering a 10.55% cap rate at the asking price. Rents are currently below market, presenting immediate potential for increased returns. Expenses could also be streamlined for even better performance. Whether you're looking to expand your portfolio or dive into multi-unit investing, this one is well worth a look. Motivated seller--bring your offers and let's make a deal! See
MLS Property & Listing Details & 16 images.
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$280,000 | $145 per sq.ft.
56 Church Street
Number of Units 2 Total Sq. Ft. 1936 | Acres: 0.13
Renovated, updated, well-maintained, 100% occupied, 2-unit multi-family, investment opportunity. Unit 1 on the main floor and Unit 2 second floor. Unit 1 includes three bedrooms, one bath, washer and dryer laundry space, and a shared entry mudroom accessed from the parking area. Unit 2 has two bedrooms, one bath, a laundry room with hookup (unit 2's tenants own the washer/dryer), a storage area, and shares the entry mudroom. Ample parking in the rear of the property. The property's apartments allow up to 5 inhabitants in unit 1, up to 3 in unit 2, and it's location meets the needs of both the Rutland City area and Killington workforces. The building has a current CO. A great investment opportunity! See
MLS Property & Listing Details & 32 images.
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Under Contract
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$285,000 | $124 per sq.ft.
62 Killington Avenue
Number of Units 2 Total Sq. Ft. 2307 | Acres: 0.46
Spacious and versatile 5-bedroom, 2-bath home on a double lot in Rutland City with a two-car garage, screened porch, and back porch--perfect for enjoying Vermont's seasons. This property offers incredible potential: keep it as a large single-family home with multiple living spaces, or convert it into a duplex with a 3-bedroom unit and a 2-bedroom unit. With two kitchens already in place, the layout is ideal for multi-generational living or rental income. The main level features a large living room with a fireplace, a family room, one bedroom, two full bathrooms, and two kitchens. Upstairs you'll find four additional bedrooms. The generous floor plan and flexible layout offer endless possibilities for customization. Set on a double lot with plenty of outdoor space and off-street parking with two driveways, this home is a rare find with excellent potential in a convenient city location. Also listed as MLS #5036510 See
MLS Property & Listing Details & 30 images.
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$300,000
New Listing!
135 Grove Street
Number of Units 5 Total Sq. Ft. 0 | Acres: 0.31
Bring your vision and tools--this massive property is ready for transformation. Once a 23-room boarding house, this impressive structure has been partially converted into a 4-5 unit multifamily building, with each unit designed to have 4+ bedrooms when complete. One of the units has been thoughtfully designed to meet ADA requirements. The groundwork has been laid, but there's still a long way to go--this is a true project for investors, developers, or ambitious owner-occupants. Previously permitted for 4 units, the city has indicated a 5th unit may be possible, and the sheer size of the building leaves room for even more (with proper permitting). Situated on a large lot with ample parking, this property offers endless potential for someone ready to roll up their sleeves and finish what's been started. This property is best suited as a cash sale or possibly a rehab/construction loan. See
MLS Property & Listing Details & 12 images.
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$319,000 | $90 per sq.ft.
33 Summer Street
Number of Units 4 Total Sq. Ft. 3558 | Acres: 0.13
Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three newly renovated units, offering modern amenities and updated finishes. Situated close to local amenities and public transportation, this property is ideal for attracting tenants. Whether you're looking to expand your portfolio or start investing in real estate, 33 Summer Street presents a promising opportunity. Don't miss out on this excellent investment with great potential for steady rental income. See
MLS Property & Listing Details & 34 images.
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Under Contract
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$380,000 | $137 per sq.ft.
50 & 50A Roberts Avenue
Number of Units 2 Total Sq. Ft. 2778 | Acres: 0.25
Beautiful five bedroom Victorian home with a two bedroom apartment above a detached two car garage. The home is occupied by the seller and apartment is currently rented. Certificate and documentation for Lead Base Paint and Asbestos Abatement of both the house and garage are provided (2005). The house is lovingly maintained and the exterior freshly painted in 2024. A covered porch welcomes you to the front door and entrance to the living room which has a fireplace with a wood burning insert stove, perfect for taking the chill off cool Vermont nights. Through wooden pocket doors you find a large den, play room or office space if needed. A spacious kitchen with a large island to provide plenty of counter space for entertaining. Separate dining room, full bathroom and a combination pantry/laundry complete the first floor. There are five bedrooms with ample closets and another full bathroom on the second floor as well as a second stairway to the third floor attic. Here there is room for storage or extra play area. The detached garage has an apartment with two bedrooms, a kitchenette, den and bathroom all on the second level. A deck off the south side is a bonus area for morning coffee during the warmer months. The private, partially fenced back yard is enhanced with lovely perennial gardens, a patio and a second covered side porch. Located a convenient distance to downtown, schools and skiing at Pico/Killington. This property also listed as a single family residence MLS# 5036419. See
MLS Property & Listing Details & 44 images.
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Under Contract
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$479,000 | $123 per sq.ft.
43 Summer Street
Number of Units 8 Total Sq. Ft. 3896 | Acres: 0.11
Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential. See
MLS Property & Listing Details & 25 images.
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