Rutland Town, VT | 1908 US Route 7 N

$299,000
MLS#: 5090436
3
# of Units
3,212
Total Sq Ft
2.24
Acres
Restore Properties
Welcome home to this well-maintained property offering space, flexibility, and endless possibilities! The main level offers three comfortable bedrooms, a full bathroom and a beautiful updated kitchen with a convenient walk in pantry. A first-floor washer and dryer add everyday convenience and functionality to the home's thoughtful layout. The spacious living room and large dining area ideal for gathering with family and friends. Upstairs, you'll find three additional bedrooms, offering exceptional flexibility for a growing household, welcoming guests, creating a home office, or designing the perfect hobby or recreation space. Enjoy peace of mind with a new roof installed aprx. 3 years ago and most major mechanical systems less than seven years old. The home is also pre-wired for a whole house generator, making future installation simple and convenient. Step outside to the rear deck and unwind while overlooking the private backyard, naturally screened by mature foliage for a secluded setting. Adding to its appeal, this property was once configured as a two-unit home and offers the potential to be converted back, making it an excellent opportunity for multi-generational living or investment potential. Whether you're looking for a spacious single-family home or a property with income-producing possibilities, this versatile home is ready to meet your needs.
Own a piece of history with this beautifully renovated duplex that perfectly blends timeless character with modern updates. Situated on a desirable .71 dead-end corner lot, this exceptional property also features a detached two-car garage and offers the ideal opportunity for both homeowners and investors alike. Live in one unit and rent the other to help offset your mortgage, or add this turnkey property to your investment portfolio. Each side-by-side unit is a mirror image of the other, offering a functional layout with a spacious living room, dining area, and updated kitchen on the main level. Upstairs, you'll find two comfortable bedrooms and one bathroom in each unit. One unit also boasts incredible walk-up attic access, presenting endless possibilities. Finish the space into a home office, playroom, guest suite, hobby room, or simply enjoy the abundance of storage. Whether you're looking for owner-occupied income, a multigenerational living arrangement, or a fully renovated investment property, this duplex checks all the boxes.
Turnkey 3-Unit Investment Property with Strong Occupancy & Value-Add Potential. Outstanding investment opportunity in the heart of Rutland City! This well-maintained triplex features a rock-solid rental history with zero vacancy during the current ownership. Situated in a desirable location near local schools and Pine Hill Park, this property represents an ideal addition to any portfolio or an excellent owner-occupy opportunity. The building consists of one spacious 2-bedroom unit and two comfortable 1-bedroom units, totaling 4 bedrooms and 3 bathrooms across approximately 2,900 square feet of living space. All tenants are currently on flexible month-to-month leases, offering immediate upside as current rents sit below market rates. Unit Breakdown Apartment 1: 1,100 sq. ft. | 2 Bed, 1 Bath | Long-term tenant of 5 years. Features new flooring installed in 2024. Apartment 2: 900 sq. ft. | 1 Bed, 1 Bath | Long-term tenant of 4 years. Apartment 3: 900 sq. ft. | 1 Bed, 1 Bath | Features a recently remodeled bathroom and a boiler upgrade in 2025. This property is highly efficient for landlords, featuring separate electrical meters and individual boilers for each unit so tenants can manage their own utility payments. Recent Updates: Boiler upgrade for Apt 3 (2025), new flooring in Apt 1 (2024), major sewer pipe repair completed in 2023, and a remodeled bathroom in Apt 3. Parking & Storage: A rare and highly valuable 3-bay garage sits on the property, providing one dedicated storage/parking bay for each apartment alongside an expansive driveway with ample off-street parking. Landlord Expenses: Owner currently covers oil (heat), water/sewer, trash removal, and seasonal plowing/mowing. With a CAP rate of 5.8% at listing price and a track record of exceptional tenant retention, this stable income producer is ready for its next owner. Don't miss out on a proven revenue generator in a strong rental market. Schedule your private showing today!
Investment Opportunity in the Heart of Rutland City! Discover the perfect blend of classic charm and income producing potential with this beautiful three unit Gambrel style multifamily home on Church Street in Rutland City. Featuring gorgeous hardwood floors, thoughtful updates, and timeless character throughout, this well-maintained property is ready to welcome its next owner. Whether you’re looking to owner occupy and let rental income help offset your mortgage and living expenses or add a solid investment property to your portfolio, this versatile property offers endless possibilities. It's convenient location places you close to shopping, restaurants, schools, parks, and many of Rutland City’s everyday amenities. If you’ve been searching for a multifamily property that combines charm, convenience, and excellent income potential, this is the opportunity you’ve been waiting for. Schedule your showing today and see all that this exceptional Church Street property has to offer!
Very unique opportunity to purchase a 3-unit multi-family property in Rutland Town! The property has just been subdivided from the larger, former Thomas Dairy property with a brand new well and septic system in place. Sited on 2.24 beautiful acres with a large two story barn on the property, this could be a wonderful property for an owner-occupant to live in one unit and generate income from the other two units. One 2-BR unit is currently vacant and has just been fully renovated. The other two units are occupied with stable, long-term tenants. A must-see multi-family opportunity in Rutland County!
Investment Opportunity in Rutland, VT! Welcome to 33 Summer Street, a four-unit multifamily property in a prime Rutland location. This property features three renovated units with modern amenities and updated finishes. The exterior has been freshly painted, the old unused chimney has been removed, and a clean Certificate of Occupancy is in hand, offering added peace of mind for the next owner. Conveniently located close to local amenities and public transportation, this property is well positioned to attract tenants. Whether you're looking to expand your portfolio or start investing in real estate, 33 Summer Street presents an excellent opportunity with strong potential for steady rental income.
Excellent owner-occupant or investment opportunity at 24/26 North Street in Proctor! This spacious side-by-side duplex offers two recently renovated units, each featuring three bedrooms, two bathrooms, and three usable levels of living space. The multi-level layouts provide plenty of room for comfortable everyday living, home offices, storage, or flexible bonus space. One unit is currently occupied by a long-term tenant, providing immediate rental income, while the other unit is vacant and ready for its next occupant. This makes the property an appealing option for a buyer looking to live in one side while using the rental income from the neighboring unit to help offset ownership expenses. It also offers flexibility for an investor seeking a multifamily property with one established tenancy and the opportunity to select a tenant for the vacant unit. Outside, the property features a manageable yard, ample off-street parking for both units, and attractive mountain views. Located in an established residential area of Proctor with public trash service and convenient access to local amenities, recreation, schools, and surrounding communities. With recent improvements, generous unit sizes, and a versatile occupancy setup, this duplex presents a great opportunity for homeowners and investors alike. Schedule a showing today!
Prime Income Property: 3-Unit Asset in Rutland City! Looking for a lucrative 3-unit multi-family property in Rutland City? This well-maintained investment at 75 North St has featured consistent capital improvements since 2022 and is fully ready for its next owner. Unit Breakdown & Property Highlights Unit 1 (Ground Floor): Spacious 2-bedroom, 1-bath layout featuring generous living space and a private deck. Units 2 & 3 (Second Floor): Two independent 1-bedroom, 1-bath units, each featuring its own private entrance. Parking & Storage: Ample off-street parking plus a detached 2-car garage (currently utilized by tenants for storage). Location: Prime rental market close to schools, parks, and downtown Rutland. Occupancy: Flawless, steady occupancy history offering long-term stability. Recent Updates (75 North St) 2022: New furnace installed, along with electrical and minor plumbing updates. 2023: Additional targeted electrical upgrades completed. 2024: Brand-new communal laundry room built out for tenant convenience. 2025: Professional tree removal completed on the grounds. Utilities: Serviced by three separate hot water heaters (one propane, two oil). Financials & Investor Upside Current Returns: Producing a strong 6.8% CAP rate at the current offering price. Immediate Value: Rents are currently priced below market, giving you built-in rental upside from day one. Future Optimization: Property is move-in ready, or you can unlock massive value by using state grant money to upgrade the two 1-bedroom units. Don't miss this opportunity to add a stable, highly updated multi-family asset to your portfolio!
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.
Queen Anne Style Circa 1892. 2 &1/2 story gable roof with shingle work, Queen Anne Porch, Distinctive door and Rafter tails. 4 BR and 3 full baths total in a 3 unit multi-family on a .18 ac. city lot on a lovely city street in Rutland close to all amenities. (1) 2 bedrooms and (2) 1 bedroom units. Annual Property Operating Data on file at the office.
**Turn Key Buy and Hold Investment in Rutland City!** Looking for a solid buy-and-hold in Rutland City? This is it. This meticulously maintained multi-family has been extensively updated since 2020 and is ready for its next owner, including: - New electrical panel (2022) - Plumbing and electrical updates (2020) - New oil tank (2024) - New chimney (2021) - Complete remodel, including a new kitchen in Apartment 2 (2021) - New appliances (2020) - New deck (2022) - New boiler to be installed before close (2026) Each unit offers 2 bedrooms and 2 baths with generous living space, a private deck, and off-street parking. A barn/outbuilding on the property provides extra storage, currently used by the Apartment 1 tenant. With a flawless occupancy history and a prime location close to schools, parks, and downtown Rutland, this property offers long-term stability for any investor. It's currently producing a 4% CAP rate — and with rents still priced below market, there's built-in upside from day one. Move in ready as-is, or unlock even more value: convert to cold-climate heat pumps and pass energy costs on to tenants, a strategy with the potential to boost the CAP rate to 5.5%. Don't miss this rare opportunity to add a stable, updated multi-family to your portfolio.
Six bedrooms. Two bathrooms. One seriously flexible floor plan. This roomy Rutland home currently lives happily as a single-family residence, but its multi-family past means the bones are already there to convert it back into a two-unit income machine whenever the mood strikes. That kind of dual personality is rare, and it puts you firmly in the driver's seat. Spread out and enjoy every generous room as one big household, or reimagine the layout to collect rent while you're at it. Either way, the attractive price point makes the numbers refreshingly friendly, whether you're a growing family craving elbow room or an investor hunting for reliable cash flow. The location does plenty of heavy lifting too. Rutland's historic downtown sits just a short stroll away, where local shops, cafes, and timeless New England character keep the neighborhood buzzing. Depot Park offers a green spot to unwind, while the nearby train station and regional bus service make getting around wonderfully simple—a real bonus for tenants who value connection. Outdoor lovers won't feel shortchanged either. Pine Hill Park delivers miles of wooded trails practically around the corner, and when snow starts falling, Pico Mountain and legendary Killington Resort are both a quick drive east for world-class skiing. Comfortable home base, savvy rental play, or a little of both—this generous property leaves the choice entirely up to you. Come see the potential in person and start imagining the possibilities today. Alsolisted as Single Family MLS #5100839
Attention visionaries and portfolio builders: here's a two unit multifamily with two bedrooms in each unit, located on 2,474 square feet of raw potential and a convenient location. This building is a canvas waiting for a confident brush. The bones are solid, the footprint is generous, and the opportunity to add real value is genuine whether you're refreshing tired finishes, reconfiguring layouts, or transforming the space into rental income. Savvy investors will recognize immediately what a property like this can become with a thoughtful renovation plan and a little imagination. First-time buyers or skiers eyeing house-hacking, meanwhile, can occupy one unit while tenants help cover the mortgage. The layout offers flexibility, giving you room to shape the configuration that suits your goals. Downtown sits within easy walking distance, meaning coffee shops, restaurants, and errands are all reachable on foot, a perk that keeps quality tenants interested and leases signed. The Marble Valley Regional Transit are just minutes away, making car-free living a legitimate option. Adventure seekers, take heart: the legendary slopes of Killington sit a scenic drive east, promising world-class skiing and four seasons of mountain recreation practically in your backyard.
Step into a piece of history with this well-maintained turn-of-the-century duplex, perfectly situated for comfortable living or smart investment. Built in 1900, this two-family home blends classic architectural details with practical, move-in-ready spaces that are ideal for owner-occupants, house-hackers, or investors seeking steady rental income. The first-floor apartment offers a spacious 3-bedroom layout with generous living areas bathed in natural light. You'll find ample room for comfortable living and dining, plus easy flow to the functional kitchen featuring spacious cabinetry, ample countertops, and essential appliances. Multiple windows and classic baseboard heating ensure year-round comfort. Upstairs, the second-floor apartment provides a cozy 2 bedroom retreat with its own distinct character. Bright interiors, thoughtful room sizes, and separate access make it perfect for tenants or extended family. Both units enjoy good natural light, practical storage, and a layout that feels private yet connected within the shared building. Additional highlights include: Off-street parking for convenience and peace of mind, separate entrances for each unit, classic hardwood floors in select areas, along with durable carpeting and tile, a full basement and attic space offering excellent storage potential, a covered front and side porch and inviting curb appeal that welcomes you home and much much more. Whether you're looking for a primary residence with rental income from one unit, a full investment property, or a multi-generational setup, this duplex delivers flexibility and timeless appeal. The 1900 construction brings character with high ceilings, solid bones, and neighborhood charm. While the current updates make it easy to appreciate or rent immediately. Don't miss this rare opportunity to own a slice of history with modern livability. Schedule your private showing today and imagine the possibilities. Welcome Home!
New price!! Take a look! Discover a great opportunity at 31-33 Gorham Bridge Road in the scenic town of Proctor. This two-unit property offers flexibility for investors, owner-occupants, or those looking for additional living space under one roof. With approximately 1,809 finished square feet, the duplex includes a spacious 4-bedroom, 2-bath unit and a 1-bedroom, 1-bath unit, providing a versatile layout with plenty of possibilities. Set on 0.36 acres, the landscaped property enjoys a pleasant setting with mountain views and a spacious yard surrounded by the natural beauty of Vermont. The home features a slate roof, public water and sewer, oil-fired forced air heat, wall air conditioning units, and a full basement offering additional storage. An enclosed front porch provides a comfortable spot to relax and enjoy the surrounding scenery. Proctor offers the charm of a small Vermont community while keeping everyday conveniences within easy reach. Outdoor enthusiasts will appreciate nearby Beaver Pond, the Carriage Trails, local hiking opportunities, the Proctor Pool, and the town's ice and roller skating rink. The community is also rich in history, with local landmarks such as the Vermont Marble Museum, the iconic Marble Bridge, and Wilson Castle. The Proctor Free Library, parks, recreational programs, and local schools add to the town's welcoming atmosphere. For additional shopping, dining, entertainment, and services, Rutland is conveniently accessible while outdoor recreation, skiing, golf, and countless Green Mountain adventures are all within reach. Whether you're looking to expand your investment portfolio or occupy one unit while making use of the second, this Proctor duplex offers plenty of potential in a scenic and convenient location. Priced to accordingly for the property to convey in As-Is condition. With some TLC this property will be an absolute gem!

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