West Rutland VT Real Estate & Homes for Sale

Quintessential Vermont! Long range country views of farm and mountains surrounded by beauty everywhere you look. The home sits on a modest .65 acre property yet it is surrounded by large properties with open land so it feels much bigger than it is. Neighbors on one side have horses and the other side is a farm. While the house does need some work, it has made a few major improvements including a new standing seam roof in 1998, a new forced air furnace in 2022, and new oil tank in 2023. The home was also reinsulated with spray in cellulose in 2022. There is an 8 x 4 front porch perfect for setting a rocking chair to enjoy the expansive views and an 8 x 8 back deck for your barbeque grill. Hard and soft wood floors. Upstairs bedroom has a loft area that would make an ideal office or nursery. Just a short distance to Rutland, Brandon, and Middlebury and the Omya plant is just right down the road. 12 miles to Rutland Hospital. Children can attend the well regarded Otter Valley Union High School. Tear down existing home and rebuild with water, septic, and power already on site or remodel and build an addition. The house needs work but is livable while you work on it. Foundation needs work in one corner and chimney needs attention.

Sweet country setting with 2 bedroom manufactured home, garage/workshop on .83 acres! This 1983 home has a 20x20 family room that was added on approximately 10 years ago. Special features include pellet stove, French doors to family room, manmade pond, flower gardens. Reasonable taxes, affordable property and school choice! Property to be conveyed As Is, Where Is.

Investors take notice, this well maintained 7 unit property is located close to Rutland city amenities, 25 minutes to killington / Pico ski mountains, Manchester, Lake Bomoseen and only minutes to Rutland Reginal Hospital Property's yearly Gross income is $90,000 with a Cap Rate just under 11% Good rental history.property is being sold in Turnkey condition and has been professionally managed with best in class resident screening, property management and maintenance practices.

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.

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!