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. **Second unit is under construction and set to be finished end of August
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!
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!
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!
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!
An opportunity to own a well-maintained two-family home with the flexibility to accommodate multi-generational living. With proper City of Rutland approval, the property may also lend itself to conversion to a single-family residence. For nearly 50 years, this home has been cherished as a primary residence by its two most recent owners. The first-floor unit feels comfortably like a traditional home, featuring two bedrooms, a welcoming living room, separate dining room, kitchen with oak cabinetry, and a spacious entry. The second unit also offers two bedrooms, bringing the total to four bedrooms across the property. Much of the interior has been thoughtfully refurbished in recent years, including updated bathroom vanity, plaster repair and preservation, fresh paint, removal of wall-to-wall carpeting, plumbing updates, new porch supports, and numerous additional improvements. Newer mechanicals include the boiler, expansion tank, piping, and hot water heater. See the attached list of improvements for a complete overview of the work completed. What truly sets this home apart is the wealth of original early-1900s character that remains intact, including built-ins, a pocket door, detailed woodwork, crown molding, and solid wood doors. Conveniently located just around the corner from Rotary Park, offering a playground, tennis courts, and open fields for recreation. With its desirable location, flexible floor plan, historic character, and updates, this property offers a wonderful opportunity to make a well-loved home your own.
**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.
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