Properties Near 78 North Main Street Rutland City, VT

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A RARE TWO-BUILDING INVESTMENT & LIFESTYLE OPPORTUNITY IN THE HEART OF RUTLAND! Situated on a single .24-acre city lot, 2 Jackson Avenue and 94 South Main Street, being sold together, offer a unique blend of strong income potential and flexible living options. Whether you’re an investor seeking solid cash flow, an owner-occupant looking to offset your mortgage, or someone dreaming of a seasonal Vermont retreat with income in place—this property delivers. The fully renovated single-family home at 94 South Main Street features 4 bedrooms and 2 baths with extensive updates including windows, doors, kitchen, bath, flooring, and appliances. The adjacent multi-family at 2 Jackson Avenue offers three recently renovated apartments with updated finishes throughout. With tenants in the single family property paying all utilities—including heat, electric, water/sewer, and internet—overall expenses stay low and returns stay strong, currently generating $47,599 in net income. Major capital improvements for added peace of mind include newer: roofs (2018), boilers (2019), oil tanks (2019), updated windows (2018–2020), plus added gutters and a replaced deck. Live in one unit and let the others pay your way, or enjoy a seasonal getaway while your investment works year-round. Conveniently located just minutes to Rutland Regional Medical Center, downtown dining, shopping, and only blocks to White’s Pool and Recreation Park. Also only minutes from world class skiing at Killington/Pico Resorts. Burlington and Albany Airports are less than 2hours away. Turnkey, well-maintained, and income-producing—this is Vermont living with built-in financial upside.
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.
High-Yield 6-Unit Multifamily | Turnkey | 14%+ Cap Rate,Rutland, Vermont This fully remodeled 6-unit multifamily property in Rutland offers exceptional cash flow with no deferred maintenance and strong in-place income. The building has been extensively updated and is 100% occupied, making it a true turnkey investment. Property Overview 6 total units 5 one-bedroom apartments 1 efficiency unit Mostly updated interiors New vinyl siding & new windows Well-maintained building with no capital needs Financial Performance Gross Annual Income: $81,252 Annual Operating Expenses: $24,841 (Includes taxes, insurance, oil, electric, water/sewer, trash, and Wi-Fi. Does not include management.) Net Operating Income (NOI): $56,411 Cap Rate: 14%+ at asking price Why This Property Stands Out Strong, stable rental income Fully occupied with proven performance Major capital improvements already completed Low operating expenses Ideal for both new and seasoned investors seeking high yield This is a rare opportunity to acquire a cash-flowing, stabilized multifamily asset with an exceptional return profile.
Two buildings on one lot, with this exceptional investment opportunity featuring two duplex buildings being sold together in a highly desirable location. Offering a total of four income-producing units and a strong rental history, this property presents a turnkey addition to any investor’s portfolio. The first building consists of two comfortable two-bedroom units, each equipped with the convenience of in-unit washer and dryers. The second building offers two spacious three-bedroom units, each with their own washer and dryer located in the basement, providing added functionality and tenant appeal. Perfectly situated within walking distance to local shops and everyday amenities, the location enhances the overall desirability for tenants. A shared driveway connects the two buildings, and a one-car garage adds additional value and practicality. Pride of ownership is evident throughout, with both buildings being well maintained by the current owner and respectfully cared for by the tenants. Combining location, condition, and reliable income potential, this is a standout opportunity for investors seeking a solid and well-performing property.
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!
Welcome to 78 Harrison - This 4 unit multifamily property is well maintained and ready for it's next owners! A perfect candidate to add to your portfolio with a 10% cap rate and is fully occupied with market appropriate rents. Quiet, yet walkable location great for getting around to everything you need, but also tucked away enough to take a moment from the hustle and bustle of city life. Don't miss your chance to snag up this money-maker opportunity! Call us today to schedule your private showing.

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