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!
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.
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!
RUTLAND CITY: Excellent investment opportunity! This income producing 4-unit multifamily offers immediate cash flow with tremendous value-add potential. Three units are currently occupied with a long history of reliable tenancy, while the fourth unit is ready for completion, providing an excellent opportunity to increase rental income. Current rents are well below market, offering significant upside for investors. The property features new electrical throughout the building, four separate electric meters, a durable slate roof in excellent condition, and public water and sewer. Conveniently located near downtown Rutland, shopping, restaurants, schools, and public transportation, this is an outstanding opportunity to add a well-positioned property to your portfolio.
Turnkey income producing Victorian Duplex in the heart of Rutland City! Built in 1884, this well-maintained multi-family offers classic architectural character and immediate cash flow, with both units currently occupied by tenants. The upstairs unit is a cozy 2-bedroom, 1-bath layout. The downstairs unit is a spacious 3-bedroom, 1.5-bath home spread across two levels: the first floor features a kitchen, dining room, living room, a generously sized bedroom, and a full bath with in-unit laundry, while the second floor adds two more bedrooms, a half bath, and access to a large walk-up attic offering abundant storage. Additional highlights include hardwood and tile flooring throughout, an oil-fired hot water baseboard heating system, a stone and marble foundation, an unfinished basement, and a two-car detached garage on a gravel driveway, all set on a level city lot with public water and sewer. Whether you're adding a cash-flowing asset to your portfolio or planning to eventually live in one unit while a tenant helps cover the mortgage, 21 Royce St is a solid opportunity in a convenient Rutland City location.
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. LAST DAY OF SHOWINGS FRIDAY JUNE 5 OFFERS DUE SATURDAY JUNE 6
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.
Back on market because buyer lost financing - no fault of the property! Completely renovated and ready to perform. This turnkey duplex at 29 Hopkins Street in Rutland City offers two spacious units, each with 3 bedrooms and 1 full bath, an ideal setup for investors or owner-occupants looking to offset their mortgage. Everything has been done. New siding, new roof, new windows, fresh paint throughout, and beautifully refinished wood floors that add warmth and character to each unit. Both apartments feature all new appliances, making them immediately move-in or rent-ready without lifting a finger. The upper unit offers even more with access to a finished third floor that creates excellent bonus space, complete with two closets. Perfect for a home office, playroom, or additional living area that sets this unit apart. Utilities are already separated, simplifying management and maximizing flexibility. With strong rental demand in Rutland and 3-bedroom units typically commanding around $1,800/month, this property is well-positioned for solid cash flow. Vacant and ready for immediate occupancy or tenant placement. Clean, updated, and easy to rent!
Fantastic 2-Family Opportunity in a Desirable Rutland City Neighborhood! This well-maintained side-by-side duplex offers the perfect blend of comfort and investment potential. Each unit features 3 spacious bedrooms and 1 full bath, with plenty of natural light and a functional layout. The property includes a detached two-car garage, ideal for storage or parking during Vermont winters. Conveniently located near shopping, restaurants, schools, and year-round recreation including skiing, hiking, and biking. Whether you're looking for an owner-occupied investment or a solid addition to your rental portfolio, this Rutland City gem delivers both location and value.
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.
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.
Versatility is the name of the game with this turnkey Five-bedroom, two-and-three-quarter-bath property that wears many hats beautifully. Whether you're dreaming of a spacious single-family residence, a multi-family income generator, or a thriving short-term rental venture, the flexibility here is genuinely rare—and the heavy lifting has already been done for you. Move right in without lifting a paintbrush. Everything is ready to go, which means you can start living, hosting, or earning from day one. The proven vacation-rental potential makes this an especially smart play for buyers who appreciate a property that pays its own way while you enjoy the perks of Vermont ownership. Step outside and the appeal only deepens. A generous lot offers room to garden, gather, or simply breathe, while convenient parking keeps everyday comings and goings refreshingly hassle-free. At a price point designed to turn heads, this is the kind of value that makes savvy shoppers do a double take. Location seals the deal. Pine Hill Park sits practically around the corner, rewarding hikers and bikers with miles of wooded trails. Golfers can tee off at the nearby Rutland Country Club, and peace of mind comes easy with Rutland Regional Medical Center close by. When winter arrives, the legendary slopes of Killington Resort are roughly twenty minutes away, and the local train station keeps regional travel simple. Opportunity, comfort, and income potential rarely arrive in one tidy package—so seize the moment and schedule your showing today.
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.
Spacious Two Family Home with Large Barn, Updated Systems & Excellent Investment Potential Welcome to this spacious and well-maintained two family home situated on a level, fully fenced lot in a desirable section of town. The property offers an excellent combination of comfortable living space, rental income potential, and valuable additional space for a garage, workshop, office, or business use. Each unit features three bedrooms, and both units are currently occupied by long-term tenants. The rents are well below current market rates, providing a significant opportunity for a new owner to increase rental income over time. The home has separate heating systems, pex & copper 100% redone, along with two fairly new oil tanks. The owner currently pays for heat, and the heating expense is included in the property’s operating expenses. The plumbing has been substantially updated, with PVC plumbing throughout all of the property, including the main water line to the house. Each apartment has its own 100 amp electrical service, while the large barn/workshop is equipped with an impressive 200 amp electrical service. the electrical system has also been updated, including hardwired smoke detectors The property also offers flexibility for an owner occupant or investor. With the existing layout and utilities, there may be an opportunity to reconfigure the property so that one unit is used primarily by the owner. One of the property’s standout features is the huge barn, currently used by the owner as a garage, office, and workshop. It provides an exceptional amount of additional space for vehicles, equipment, storage, hobbies, or a potential home-based business. The location is another major advantage conveniently close to shopping, restaurants, services, and other everyday amenities, while being situated in a very nice section of town. Whether you’re looking to live in one unit and have the other help pay your mortgage, or you’re seeking an investment property
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