Rutland City, VT | 51 South Main Street

$299,000
MLS#: 5090743
2
# of Units
2,598
Total Sq. Feet
0.15
Acres
$5,509
Taxes
1 of 46

General Property Information

Price:
$299,000
County:
VT-Rutland
Acres:
0.15
Property Type:
Multi-Family
Property Status:
Active
# of Units:
2
Agency/Brokerage:
Tucker Adirondack Lange
Lange & Lange

Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced yard/garden spaces—perfect for pets, gardening, entertaining, BBQs, or simply relaxing outdoors. Ideally situated directly across from the Green between Route 4/7 and Main Street, this location offers easy walkability to shopping, restaurants, parks, and everything downtown Rutland has to offer. The first-floor unit is owner-occupied full-time, while the upstairs unit offers 3 bedrooms and 1 bathroom with interior stairwell access. A lease is currently in place with long-term tenants paying $2,000 per month, providing immediate income potential. A versatile investment property in a prime downtown location with excellent owner-occupant or income-producing possibilities.

Features

Property Type:
Multi-Family
# of Units:2
Subdivision Name:
Year Built:
1870
Parking:
Road Frontage:
49
Acres:0.15
Gross Income:
0
Annual Expenses:
0
# of Gas Meters:
2
# of Electric Meters:
2
Sq Ft (Above Ground):
2598
Sq Ft (Below Ground):
0
Total Sq Ft:
2598
Land Description:City Lot,Curbing,Landscaped,Major Road Frontage,Sidewalks
Elementary School:
Middle School:
High School:
Financing Details:
Documents Available:
Deed

Unit Information

Unit 1

#Rooms:
6
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
1299
Floor:
Unit Style:
Monthly Rent:
0.00

Unit 2

#Rooms:
6
#Bedrooms:
3
#Baths:
1
Sq. Ft.:
1299
Floor:
2
Unit Style:
Monthly Rent:
2000.00

Other Information

Source: Data provided by PrimeMLS, graph generated by Pall Spera Company
List Date:
2026-05-25
Last Updated:

Stowe Office

Kerry Douglas Pearce

(P) 802.253.9771
(F) 802.253.9993
email

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