Properties Near 107 Franklin Street Rutland City, VT

One of Rutland's most unique properties, in a very convenient location within an easy walking distance to downtown. Creatively designed and meticulously cared for, there is more to see than meets the eye. Close to skiing, golf, lakes and other recreation such as the renowned Pine Hill Bike Trail system. Owned and occupied for decades by a local professional who not only lived in the gorgeous owner's unit, but ran her business from there as well. Current Pro-Forma reflects over $52K in annual net income. Projections including owner's unit rent supports a very strong return. Must be seen to be truly appreciated.

Investment opportunity with excellent Route 7 North visibility and commercial zoning that opens the door to a variety of uses. This fully renovated with over 3,000 square ft. this building offers tremendous flexibility with a long term tenant in the one bedroom apartment, currently generating $1,060 per month, plus a spacious four bedroom, four and a half bath main residence. For the last several years, the larger unit has operated as a highly successful Airbnb for the owners, providing an excellent source of additional income. Renovated from top to bottom in 2006, the property features quality furnishings, updated utilities, plumbing, insulation, wiring, oil furnace, central air, appliances, and a beautifully updated interior with the added warmth and charm of a fireplace. Formerly operated as a successful salon, the property lends itself to continued short term rental use, an owner occupied business, or a variety of commercial possibilities. A large rear storage shed, abundant paved parking, and full furnishings complete this exceptional offering. A rare opportunity to own a highly visible, income-producing property with outstanding commercial potential.