Rutland City, VT | 92 Center Street

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units. All, but 2 of the units have 2 floors with living space on the first floor and bedrooms on the second floor. Very spacious units that have been nicely updated. Tenants pay their own electric. Shared laundry on site. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4987681, 4987682, 4987685, and 4971745.

HISTORIC CHARACTER. MODERN RENOVATION. TURNKEY APARTMENTS. This handsome circa-1900 building has been thoughtfully transformed from professional offices into five distinctive one-bedroom apartments, combining modern, low-maintenance living with the craftsmanship and character of the original building, being sold "as is". Original hardwood floors, tall ceilings, beautiful woodwork and trim, and large windows, offering abundant natural light, have been preserved throughout. No carpeting. Each apartment features a brand-new kitchen and bath, with a clean, bright, and comfortable feel. The renovation goes well beyond cosmetics, with updated wiring, plumbing, central air conditioning, propane hot-water baseboard heat, an air ventilation system, and a fire alarm system. Excellent off-street parking adds to the convenience. Four of the five apartments are currently rented, with the fifth needing finish-work to complete.This creates an attractive opportunity for an investor seeking to own a substantially completed income-producing property, or an owner-occupant who would like to live in a beautifully renovated 5th apartment while receiving rental income from the other four units. Located just a few blocks from downtown Rutland, with convenient access to shopping, dining and recreation. An easy drive to world class Killington-Pico ski resorts and Lake Bomoseen and Lake St Catherine too. Turnkey, beautifully renovated and filled with character—92 Center Street is not your typical five-unit property. A must see!

Solid 1900 multi-family boasting nearly 4,000 sq. feet of living space. Currently set up as a 4-unit, may be a possibility to convert an office space into a fifth apartment. Clean updated Three 2-bedrooms and an efficiency adding 4 much needed apartments in Rutland City's repertoire. The house features spacious bedrooms with large closets, impressive living areas and tall ceilings. A large attached 2-car garage would be appealing to many future tenants. New sewer line and heat pumps, four 200 amp separate electric boxes and many upgrades including newer floors and metal roof areas. Great rental history!

Investors, take note: here's a four unit multi-family property that pairs steady rental income with a prime uptown Rutland location—a combination savvy buyers rarely stumble upon. Built for performance, this well-maintained solid building features separate utilities across its units, meaning tenants cover their own usage and you sidestep the headache of dividing bills every month. The first floor spacious apartment also has use of the two car attached garage, three bedrooms and one level living. The second floor consist of (2) one bedroom units and a studio apartment with a private balcony. The fourth unit offers an abundance of natural light with built-in bookcases, a skylight and it's own access to a private garden at the back of the building. This layout accommodates multiple households comfortably, keeping occupancy strong and vacancies short. Whether you're an experienced landlord expanding your portfolio or a first-time investor dipping a toe into rental ownership, this property checks the practical boxes. The care that previous owners and the current owner has poured into upkeep shows, sparing you the surprise expenses that often plague older buildings. Simply put, it's ready to generate returns from the moment you collect the keys with a great rental history. Some newer heat pumps have been added for energy efficient heating. Location only sweetens the proposition. Tenants enjoy close proximity to Main Street Park, a pleasant green pocket perfect for lunch breaks and weekend lounging. Daily errands stay effortless with Shopping Plaza Road just minutes away, while Marble Valley Regional Transit puts car-free commuting within easy reach—a genuine selling point that keeps renters interested and leases signed. The bus also transports to Killington Ski area!