Rutland City VT Multi Family Home For Sale $369,000

Under ContractMulti Family Home $369,000 | $185 per sq.ft.
3 Unit Multi Family Home,
78 North Main Street Rutland City VT
With 2 - One Bedroom Units | 1 - Two Bedroom Units
| MLS# 5078766
Listed by Mark Triller Real Broker LLC on March 10th 2026

DESCRIPTION

78 North Main Street presents a compelling opportunity for investors and owner-occupants alike. This fully renovated, turnkey, 3 unit, mixed use commercial or residential apartment building, is well positioned along a highly visible stretch of North Main Street. This well-located property benefits from steady traffic counts, strong street presence, and convenient walking access to local stores and shops, as well as downtown amenities, retail, dining, public transportation, Rutland Regional Medical Center, and World Class skiing at Killington/Pico Resorts less than 20 minutes away. Lake Bomoseen and Lake St. Catherine are only 30 minutes away, along with numerous other lakes, trails, bike paths, golf courses and more. Whether you're seeking a strategic addition to your investment portfolio, an Airbnb opportunity, or an owner occupied multi-unit second property for vacationing, or a place to establish and grow your own business, this property offers flexibility and long-term upside potential. The building's layout lends itself to a variety of uses, with ample space to configure for office, retail, service-based operations, or mixed-use possibilities (subject to local approvals). Prominent frontage enhances signage visibility and brand exposure, while on-site features support both customer access and operational efficiency. For investors, this property represents an opportunity to secure an asset in a central, established corridor with strong rental appeal. For owner-occupants, it's a chance to control your overhead, build equity, and operate from a recognizable, easily accessible location. With its prime positioning and versatile potential, 78 North Main Street is ready to support your next venture or investment strategy. Schedule your showing today!
Gross Income : $47400

UNIT 1 INFORMATION Beds: 2 Baths: 1 Rooms: 4 Tenant Pays : Internet Service Rent : 1650.00 Monthly Lease Term : Annual Signed Lease : Yes Status : Leased	UNIT 2 INFORMATION Beds: 1 Baths: 1 Rooms: 3 Tenant Pays : Internet Service Rent : 900.00 Monthly Lease Term : Annual Signed Lease : Yes
UNIT 3 INFORMATION Beds: 1 Baths: 1 Rooms: 3 Rent : 1400.00 Annually Status : Leased

CONSTRUCTION
Wood Frame | Vinyl Siding Exterior Color : Gray
Year Built: 1900
No. of Floors: 2
Total Sq.Ft. Finished: 1991
Above Grade Sq.Ft.: 1991
Price Per SQ.FT.: $185.33
Basement: Concrete Floor | Unfinished | Exterior Access
Heating: Propane | Baseboard | Multi Zone
Cooling: Wall AC Units | Individual
Electric: 100 Amp Service | Circuit Breaker(s)
Utilities: Cable Available | Propane
Electric Meters:
Style: Apartment Building | Gambrel
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No
LAND INFORMATION
City Lot | Major Road Frontage | Neighbor Business | Sidewalks | Street Lights
Lot size: 0.39 acres
Zoned: Gateway Business District)
Surveyed: Yes
SurveyedBy: Courcelle
Flood Zone: No
Road Frontage: 104
Driveway: Paved
ADDITIONAL INFORMATION
Taxes $5,427 | Assesed Value $0 in 2025
AREA INFORMATION
School District: Rutland City School District
Elementary School: Rutland Northeast Primary Sch
Middle School: Rutland Middle School
High School: Rutland Senior High School

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