Rutland City, VT | 120 Maple Street

Description

Discover a true unicorn investment property in the heart of Rutland! 120 Maple Street has been completely re-imagined and rebuilt from the studs up, delivering a turn-key, worry-free opportunity for investors and owner-occupants alike. This fully renovated five-unit property features four spacious 2-bedroom apartments and one 1-bedroom apartment, each designed with modern finishes, abundant natural light, and thoughtfully upgraded layouts. Every aspect of the building is brand new, including all mechanicals, electrical, plumbing, heating systems, and interiors, ensuring long-term durability and low operating costs for years to come. Three of the five units have rent restrictions tied to HUD Fair Market Rent Rates for 5 years, due to grant funds received to renovate the property. Located in a strong rental market with high demand for quality housing, this property offers a rare blend of stability and upside.