Center Rutland VT Real Estate & Homes for Sale

INVESTORS TAKE NOTE: 5 unit apartment building located in the heart of Rutland. Rents are well below market with great potential for improved income. Tenants pay electric and internet. Plenty of off-street and street parking. BBHW Heat and LP Gas Hot Water. Walking distance to Giorgetti Athletic Complex and to downtown markets, shops, and dining. Only 20 minutes to Killington/ Pico Ski Resort. Less than 2 hours to both Albany or Burlington International Airports.

Newly renovated! In Rutland City all within an easy walk to downtown, large country kitchen, first floor mud room with laundry facilities, first floor bedroom and bathroom, front porch. Close to Pine Hill Park, shopping and Killington Ski Resort! Come take a look and make this gem your home! Welcome to Rutland VT!

RUTLAND CITY, VT - Offering a fantastic investment opportunity at this centrally located property featuring a total of 4 units. Comprising 3 two-bedroom units and 1 one-bedroom unit, this multifamily residence offers a diverse mix to accommodate various tenant needs. All units are currently rented, ensuring a consistent cash flow. This property stands out for its success in generating good income, reflecting its appeal to tenants. Don't miss out on this great opportunity that combines convenience with financial success. At listing price, this property has a cap rate over 10%! 4 other buildings in the same investment portfolio are also currently listed for sale. Please inquire for information on additional buildings. Owner will not consider creative financing.

What a great investment opportunity! Well maintain two family home in a nice small neighbor in West Rutland. Both units have two bedrooms, living room, dinning room and larger kitchen with one bathroom. Great rental history.

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units with open concept layouts. Tenants pay their own electric. Adjacent property, 17 Kingsley Court is also listed for $560,000 with the same footprint. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4987681, 4987686, 4987685, 4971745.

Your next investment opportunity is here! This property consists of six 2-bedroom 1-bathroom units with open concept layouts. Tenants pay their own electric. Adjacent property, 15 Kingsley Court is also listed for $560,000 with the same footprint. If you are looking to add to your portfolio, up to 31 units are available, see MLS #'s 4971745, 4987682, 4987686, 4987685.

Good investment opportunity, this 3 units is within walking distances to downtown has a nice partially fenced back yard with plenty of parking space currently the top unit 3 bed is vacant for possible new owner occupancy, let the rents of the 2 units pay your mortgage and other expenses or just buy it as income producing property when fully rented Gross income is $39600 a year and expenses are just shy of $15,000 a year .net income $25K Cap Rate at asking price 12.8 %

RUTLAND CITY, VT " An exciting investment opportunity awaits at this fantastic 6-unit multifamily property. With a stellar rental history and all units currently leased, this building is a testament to its consistent appeal among tenants, making it an enticing prospect for savvy investors. 106 Library Ave offers a very rare opportunity "a multifamily building with six units, all contributing to a robust and steady income stream. This unique feature positions the property as a valuable find for investors seeking a reliable source of returns in Rutland's real estate market. 106 Library Ave is a standout in Rutland's real estate landscape"a dynamic 6-unit multifamily property with a proven rental history. Don't miss out on this fantastic investment opportunity that promises both financial stability and growth. Act now to secure a property that combines rarity, income potential, and lasting value. Property has a cap rate over 11% at the current list price! 4 other properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties.

Spread out and enjoy all that Vermont has to offer in this spacious, three-bedroom contemporary property. The home features a large,modern kitchen with upgraded appliances, cabinetry and countertops. Ample daylight and vaulted ceilings give the great room a large and airy feel, and there's a more formal, traditional living room as well. The primary bedroom includes an ensuite bath and a walk in closet with custom cabinets. Additional rooms in the attic and basement provide plenty of space for storage, home office or a playroom. Outside, you'll find a brick patio in the front, and a large covered deck in the back, perfect for summertime entertaining, as well as a two-car garage and garden shed. Golfers, skiers, snowboarders and mountain bikers will find this to be the perfect location, just across the street from the Rutland Country club and only a few miles from Pico Mountain and Killington. The Rutland Town address gives students (9-12) access to school choice, with shopping and services just minutes away in Rutland.

A fantastic investment opportunity awaits in West Rutland with the sale of two meticulously maintained buildings, offering a total of seven units. With a long-standing ownership since 1985, the seller has diligently maintained and enhanced these properties, presenting an enticing prospect for investors seeking stable returns in the real estate market. The first building features four units, consisting of three one-bedroom apartments and one two-bedroom apartment. The second building comprises two spacious three-bedroom units. With a total of six units, there's significant income potential for investors. Additionally, the presence of five storage units in the basement offers the possibility of additional rental income or amenities for tenants and being that it is a walk out basement there is also enough space to add a seventh unit if permitting allows. Both buildings are equipped with electric heating systems, ensuring that tenants cover all utility expenses. This setup simplifies management and enhances profitability for the owner. The two three-bedroom units in the second building are both vacant and have recently undergone renovations, offering a turnkey opportunity for immediate owner occupancy or tenant placement after closing. Don't miss out on this exceptional investment opportunity.

RUTLAND CITY, VT - An exceptional investment opportunity at 78 Traverse Place! This property features 5 units, including 3 two-bedroom units, 1efficiency unit, and 1 three-bedroom unit. The units are characterized by their spacious layouts and careful maintenance, offering tenants comfortable and inviting living spaces. All units are currently rented, ensuring a steady and lucrative income stream. The property's success in generating revenue reflects its appeal to tenants and the strategic decisions made by the current ownership. What sets 78 Traverse Place apart is its diverse unit mix, providing variety in housing options. This approach enhances the property's attractiveness to tenants and adds a layer of stability and long-term investment value. 78 Traverse Place is a prime investment in Rutland's real estate"a property with 5 well-maintained units, all currently rented and generating income. Don't miss out on this fantastic opportunity that blends comfort with financial success. At listing price, this property has a cap rate over 11%! 4 other buildings from this investment portfolio are also currently listed for sale. Please inquire for information on additional properties. Owner will not consider creative financing.

RUTLAND CITY, VT " An outstanding investment opportunity awaits at this well-positioned property featuring a total of 6 units. Comprising 1 efficiency unit and 5 1-bedroom units, this building is a testament to smart investment choices. 5 of the 6 units are currently rented, contributing to a consistent and healthy cash flow. The property's success in generating good income is a reflection of its appeal to tenants. What distinguishes 77 School St is its convenient location, providing easy access to local amenities, schools, and public transportation. This advantageous positioning not only enhances the lifestyle for tenants but also adds a layer of long-term appeal to the property. 77 School St is a prime investment in Rutland's real estate scene"a property with 6 units, all but one currently rented and generating fantastic income. Don't miss out on this rare opportunity! Secure a property that not only promises financial success but also stands as a testament to smart and lucrative investment choices. Listing price offers a 9.4% cap rate for this property! 4 other investment properties from the same portfolio are also currently for sale. Please inquire for further information on additional properties. Will not consider creative financing.

Experience the ideal of convenience and comfort in this cozy approximately 1,120 square foot 2-bedroom, 2-bathroom home. Designed for those who seek a "no worries' lifestyle, this property offers the convenience of a condo association dedicated to handling all your home maintenance needs. Revel in the freedom to savor life's pleasures. Your Vermont adventures await.

Welcome to your peaceful retreat on the north side of Rutland City! Nestled in a mature and well maintained community, this brand-new construction presents a modern interpretation of the classic ranch-style home, offering the epitome of comfort and convenience. Step into a world of effortless living, where every detail has been meticulously crafted to enhance a maintenance free lifestyle. With spacious interiors and an open floor plan, this home provides ample room for relaxation and entertainment. The single-level layout ensures accessibility and ease of movement, perfect for individuals or families seeking convenience without compromising on style. As you enter, you'll be greeted by abundant natural light streaming through large windows, illuminating the elegant living spaces. The kitchen beckons with sleek countertops, high-end appliances, and ample storage. Unwind in the inviting bedrooms, each offering tranquility and privacy for restful nights. The master suite boasts a luxurious ensuite bathroom and a large walk in closet creates a private oasis for relaxation and rejuvenation. Located in a quiet community on the north side of Rutland City, this home offers the perfect blend of suburban tranquility and urban convenience. Explore nearby Pine Hill Park and the Giorgetti Recreation Center, and the trails and recreational facilities it offers, or venture into the heart of Rutland for shopping, dining, and entertainment options. This one is worth a look. Welcome home!

Centrally located in downtown Rutland, this charming little house could be a great home for someone willing to put in a little work. Featuring three bedrooms and a nice private little backyard lot this could be a perfect starter home or investment property. Owner began renovations but work is incomplete. Home is being sold "as is".

Great opportunity to own an investment property in a desirable neighborhood, good rental history, great condition recent furnace top of the line, vinyl siding, recent roof, vinyl replacement windows all unites are updated, clean certificate of occupancies will be provided, pretty much no deferred maintenance, Current NOI is $22K but great potential for at least another $9600 in net income, current rents are well bellow the market rents, this property is tucked away on a dead end street .

RUTLAND CITY, VT - Here is an exceptional investment opportunity with a total of 8 potential income-generating units! This property features a 7-unit multi-family building and an inviting single-family home. Crafted with a mix of brick and wood frame construction, the 7-unit building stands as a testament to enduring quality and timeless appeal. The current owners have experienced significant profits, showcasing the remarkable rental potential of these well-maintained units. The central location of these units provides easy access to bus routes and daily necessities, ensuring effortless commutes and errands for tenants and owners alike. This added advantage enhances the property's overall appeal, addressing the practical needs of residents. What sets this investment apart from the rest is the rarity of finding a property with so many units that consistently yield strong cash flow. The prospect of owning 2 buildings with a total of 8 units is an extraordinary opportunity for astute investors. 14 & 14.5 Cottage Street is a solid investment in Rutland's real estate, offering a total of 8 units that promise enduring construction, a strategic location, and proven profitability. Cap rate over 10% at list price when fully rented! 4 other properties from the same portfolio are also currently listed for sale. Please inquire for further information regarding the other properties. Will not consider creative financing.

Unlock your next investment property! This multifamily provides the perfect blend of charm, convenience, and outdoor adventure right here in the heart of West Rutland. What once was a mix use of downtown shops and apartments, has since been converted into 4 unique, spacious apartments which are all currently occupied and generating income. Located in town, residents have easy access to local amenities such as shops, restaurants, schools, and public transportation, ensuring convenience and connectivity for daily needs. Boasting original 1900's character, modern updates, and close proximity to skiing, lakes, golf courses, and other outdoor activities, this property offers an unparalleled living experience for both residents and visitors alike. Enjoy peace of mind with numerous updates including upgraded electrical systems, a vapor barrier, blown-in spray foam insulation in the basement for improved energy efficiency, and a newer high-efficiency boiler for optimal comfort. Ample shared parking space is available, including a large outbuilding for additional storage. This property presents an excellent investment opportunity to it's new savvy owners with nearly a 9% cap rate all while having rents well below current market value. Give us a call today!

Come take a look at this great duplex. This property features 2 spacious 3 bedroom units. Currently fully occupied with strong monthly rental income. 20 Church St. could be a promising investment or a great opportunity to owner occupy the choice is yours. Walking distance from downtown shops and restraunts giving tenants access to all Rutland has to offer. This property can be sold as a package with 18 church St. MLS#4993527. Don't miss this great investment opportunity!

Welcome to 18 Church St! This four-unit multi-family property presents a stable investment opportunity with solid rental income and recent updates. Each unit offers comfortable living spaces with updated modern amenities. Situated conveniently within walking distance of downtown shops and restraunts. With its attractive earning potential and recent renovations, this property provides a solid option for those seeking their next investment. Don't miss this great opportunity to own a piece of Rutland. This property can be sold as a package with 20 Church St. MLS #4993514.

Here's your entry level starter home! Yes, needs work, but the wood floors will refinish fine, to start. Nice deep lot. HVAC system (2008) & water heater working fine. Roof reportedly replaced 2008. Property being sold 'as is'.

Here's an excellent opportunity to own a home that will help pay your mortgage with this charming duplex nestled in the quiet up and coming neighborhood on South Street. Opportunities continue with the option of using the existing well curated materials to finish the first floor unit and enjoy new/modern first floor living. Or live in the finished upstairs unit and finish the downstairs on your time to garnish the potential of higher rents that a newly remodeled space brings. If those options weren't enough, this property boasts a large level .45 acre lot that is amplified by the large peaceful back yard. Enjoy many serene evenings on either of the two back decks or complete the owners dream by adding an above ground pool to compliment the "pool ready" deck and have your own backyard oasis!

Priced extremely well is this nicely maintained operating bar on the first floor with the second floor having a one bedroom apartment. The bar has been established and in this family for years; and the time has come to sell. The apartment rents for $600/month and includes hot water. Each unit has separate electrical and their own propane heaters. The hours of the bar are from 3:30 till closing and has an occupancy permit for 35 people. There is an outside deck with permitting allowing use from opening till closing. The bar is being sold entirely furnished w. the exception of a couple personal items. The atm, game, and juke box machines are outside vendors equipment with a percentage going to the sellers. Liquor at the time of the sale can not be transferred to new owner as they need to secure their own liquor license. The H20 tank for the draft system does not convey with the sale. The bar has two bathrooms, a rear kitchen where light food is prepared and pantry area. There are two shared driveways, w. some parking out back along with street parking. New electric and plumbing on the first floor were completed in 2014. The basement is a crawl space with exterior entrance in the rear and houses the two electric panels. No numbers are supplied for business. For this price, along with the potential the bar has, could make this a nice little investment!

Hard to find in Rutland. This tastefully renovated house that resides on a Double Lot, allowing for gardens, play yard or a lot for a 2nd home. Upon entering the home you will find it very spacious with a kitchen with great work areas which is central to your charming dining area. There are 2 full bathrooms, a mix of flooring and the option of two sources of heat are just a few of this homes features. Updated in the last few years are windows, electric, plumbing, furnace, energy efficiency water heater, new septic line to the road with so much more to see. The property also boasts a 3 car heated garage with a mechanic's pit , and lots of storage overhead. Start Showing date of 02/12/2024 Time to call this one Home

Quaint Mobile Home in a small neighborhood, looking for it's next owner. Property just ready for someone to come in and update the interior to their chosen. Property being sold As-Is.