Rutland City, VT | 70 Elm Street

Two buildings on 5.12 acres in Proctor, offered together. A home, a rental, and room to grow, all on one parcel just minutes from Rutland. 113 South Street is a two story home with 4 bedrooms and 2.5 baths, plus an office addition that opens up real options. Use it as a spacious single family residence or put the addition to work as commercial space for your own business. Next door, 111 South Street is a renovated duplex with 3 bedrooms and 2 full baths between the two units. It brings income potential to help offset your costs or grow your portfolio. With 5.12 acres, there's space to spread out that's hard to find this close to town. Live in one and rent the rest. Run your business out front and let the duplex help carry the mortgage. Or hold the whole package as an investment. However you use it, this is a rare mix of space, income, and flexibility. This is a unique once in a lifetime opportunity, priced to sell and bound to move quickly. Inquire today for a private showing.

A rare blend of investment potential, modern living, and Vermont charm — this fully remodeled mixed-use property in the heart of Mendon delivers exceptional visibility on a high-traffic corner lot framed by sweeping mountain views. Designed for flexibility and opportunity, the property features thriving commercial spaces below and a beautifully updated 2-bedroom apartment above — ideal for an owner-occupant, entrepreneur, or investor seeking strong income potential. Live where you work, lease all the units for passive cash flow, or create a custom business destination in one of Vermont’s most traveled corridors. Thoughtfully renovated from top to bottom, every space has been refreshed with modern updates while preserving the versatility needed for a wide range of commercial uses. Perfectly positioned just minutes from Rutland, Killington Resort, and Pico Mountain, this property benefits from year-round tourism, steady traffic exposure, and convenient accessibility. Turnkey properties with this level of visibility, flexibility, and character are increasingly hard to find. Whether you're expanding your portfolio or launching your next venture, this is a standout opportunity in a prime Vermont location. Schedule your private showing today and experience the possibilities firsthand.

Investment opportunity with outstanding Route 7 North visibility and commercial zoning that opens the door to a wide variety of uses. This turnkey, income-producing property offers over 3,000 square feet of beautifully renovated space and includes a one-bedroom apartment that is currently leased to a long-term tenant for $1,060 per month, providing reliable year-round income. The spacious main residence features four bedrooms and four and a half baths and has operated as a highly successful Airbnb for the owners over the past several years. The property is also currently booked with seasonal renters from December 1 through March 31, offering immediate income to the next owner. Renovated from top to bottom in 2006, this impressive building was updated with quality furnishings, modern utilities, plumbing, insulation, wiring, oil furnace, central air, appliances, and an attractive interior highlighted by a cozy fireplace. Formerly a successful salon, the property offers exceptional flexibility for continued short-term rental use, an owner-occupied business, or a variety of commercial ventures. A large rear storage shed, abundant paved parking, and the fact that the property is being offered fully furnished make this a truly turnkey investment. Fantastic location just minutes to Killington Resort, pristine lakes, and an active downtown featuring Paramount Theatre, outstanding restaurants, farmers markets, and year-round events. Experience the very best of Vermont and Live Vermont!

Your next investment opportunity is here! This property consists of five units; one 2-bedroom, three 1-bedrooms, and one studio apartment. Conveniently located walking distance to downtown Rutland.

Great Investment Opportunity! This completely renovated four-unit multifamily property offers an excellent opportunity for investors seeking strong cash flow and solid income potential. The property features two one-bedroom units and two two-bedroom units, with extensive renovations throughout, including new siding and windows. Currently generating strong cash flow with a cap rate exceeding 12% at the asking price, this property is an attractive addition to any investment portfolio.

COMPLETELY RENOVATED TWO-UNIT MULTIFAMILY! This turnkey property is ready to go with extensive renovations throughout, including new flooring, fresh paint, updated walls, upgraded kitchens and bathrooms, numerous new windows, a freshly painted exterior, and so much more! Both units offer spacious two-story layouts, their own covered porches, and dedicated parking. Unit 1 features three bedrooms, two full bathrooms, and a bonus room! The main level offers a formal dining room, an updated kitchen with a center island that opens to the living room, and a full bathroom. Upstairs are three bedrooms, another full bathroom, and a versatile bonus room perfect for a home office or library. Unit 2 offers two bedrooms, a full and half bathroom, a kitchen, dining area, and living room. The main level includes the living spaces and half bath, while upstairs you'll find both bedrooms and a full bathroom. Outside, enjoy a partially fenced shared yard. With both units currently vacant, this is a fantastic opportunity for investors or owner-occupants looking to live in one unit while renting the other! Located less than 30 minutes from Killington Ski Resort. Come take a look today!

PRICE REDUCED! Two beautifully renovated residences, one compelling opportunity: this newly listed Rutland City multifamily property combines modern comfort with the flexibility of two separate apartments. Each apartment offers a refreshed setting with contemporary appeal, giving residents spaces that feel current, inviting, and easy to enjoy. The upper level apartment features an electric fireplace in the living room adding warmth and character, creating a natural focal point for quiet evenings or relaxed gatherings. While each unit includes an in unit washer and dryer hookup conveniences simplify weekly routines. Newer windows, vinyl siding garage roof, soffit, fascia and front porch. Roof is 12 yrs old. Private porches extend the living experience outdoors, offering each apartment a welcome place for morning coffee, fresh air, or an end-of-day pause. With five bedrooms and two bathrooms overall, the property presents a practical configuration for an owner occupant, seasoned investor, or buyer beginning a rental portfolio. Live in one apartment while leasing the other, or rent both to pursue dual income potential. This low maintenance property creates an income producing property without any major repairs. Everyday convenience is close at hand, with shopping, dining, entertainment and the farmers market nearby for errands and Marble Valley Regional Transit offering useful connections around the city. When the weekend calls for mountain time, Killington Ski Area is within driving distance for skiing and year-round recreation. That blend of local access and regional adventure can broaden appeal for residents while supporting long-term rental value. Explore the possibilities this stunning property provides schedule your private showing today and see how modern renovated interiors, separate apartments, and inviting outdoor spaces could strengthen your next real estate move.

*SELLERS ARE OFFERING $1,000 TOWARD THE PURCHASER’S CLOSING COSTS AND/OR AN INTEREST-RATE BUYDOWN!* 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.

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; including 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.

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!

A true side-by-side duplex with mirrored layouts, this versatile property offers an exceptional opportunity for owner-occupants, multi-generational living, or investment. Make one side your home and enjoy the added flexibility of rental income or additional living space. The owner's unit features 3 bedrooms, 1.5 baths, a sunny, open kitchen and dining area, a thoughtfully designed mudroom entry with wood stove, and storage galore. Lovingly maintained and updated by the current owner of over 20 years, improvements include windows, roof, boilers, oil tanks, wiring, hot water heaters, lined chimneys, flooring, and paint. A wood stove provides supplemental heat and added coziness. Walk-up attic storage, a full basement with separate laundry, and a handy workbench offer even more functional space. The second unit offers 3 bedrooms, 1 bath, a separate home office or den, and a mudroom ready to be finished to suit your style. Both units have separate utilities, with two boilers (one new in 2020 and one in 2015), two oil tanks, and two hot water heaters (all new in 2020). Outside, enjoy a paved driveway, a detached two-car garage with electric openers, work area and storage, plus a separate detached one-car garage for the second unit. A woodshed keeps firewood dry, while a shared enclosed front porch welcomes you home. Set on nearly half an acre of level, usable lawn in a quiet residential neighborhood. Conveniently located just minutes from grocery shopping, local eateries, the dog park, library, and the heart of West Rutland. Enjoy small-town charm, a strong sense of community and school spirit, with easy access to Route 4 for commuting, shopping, and year-round outdoor recreation. Hiking, biking, lakes, and mountains are all within easy reach. A wonderful opportunity to make this well-cared-for duplex your next home!

A great opportunity for investors or owner-occupants! This well-maintained two-family property in Rutland City offers two spacious, two-bedroom apartments, each with a full bath, washer and dryer hookups, and their own single-car garage. Recent improvements include freshly painted interiors and refinished hardwood floors. A slate roof in good condition, separate driveways, two covered front porches, and a fully fenced backyard add to the property's appeal. The first-floor apartment is currently rented for $2,000 per month, includes heat, while the second-floor apartment is being offered for rent at $1,900. With potential gross annual rental income of $46,800, this property offers an opportunity to expand an investment portfolio or enjoy the benefits of owner-occupied living with rental income, subject to occupancy. Conveniently located near shopping, restaurants, grocery stores, and Rutland Regional Medical Center, with easy access to Killington and the area's year-round recreational opportunities. A solid two-family property offering flexibility, convenience, and income potential. Whether you're looking to expand your investment portfolio or enjoy the benefits of owner-occupied living with rental income, this versatile property checks all the boxes!