Rutland City VT Multi Family Home For Sale $550,000

Multi Family Home $550,000 | $178 per sq.ft.
2 Unit Multi Family Home,
168 N.Main Street Rutland City VT
With 4 - One Bedroom Units | 1 - Two Bedroom Units
| MLS# 5088308
Listed by Freddie Ann Bohlig Four Seasons Sotheby's Int'l Realty on May 12th 2026

DESCRIPTION

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!

UNIT 1 INFORMATION Beds: 4 Baths: 4 Rooms: 9 Sq.Ft.: 3084 Info : Air Conditioner,Appliances Included,Ceiling Fan,CO Detector,Dishwasher,Dryer,Electric,Furnished,Oil Heat,Electric Range,Refrigerator,Smoke Detector,Washer,Window Treatments,All-in-one Washer/Dryer Lease Term : Short Term Signed Lease : No	UNIT 2 INFORMATION Beds: 1 Baths: 1 Rooms: 2 Sq.Ft.: 900 Rent : 1060.00 Monthly Lease Term : Month to Month Signed Lease : Yes

CONSTRUCTION
Vinyl Siding Year Built: 1886
No. of Floors: 1.5
Total Sq.Ft. Finished: 3084
Above Grade Sq.Ft.: 3084
Price Per SQ.FT.: $178.34
Basement: Interior Stairs | Unfinished | Basement Stairs
Heating: Oil | Baseboard | Forced Air | Multi Zone | Gas Fireplace
Cooling: Central AC
Electric: 200+ Amp Service
Utilities: Cable at Site
Electric Meters:
Style: New Englander
Roof: Asphalt Shingle
Water: Public
Sewer: Public
Seasonal: No
LAND INFORMATION
City Lot | Recreational | Sidewalks | Near Shopping | Near Skiing | Near Railroad | Near Hospital
Lot size: 0.32 acres
Zoned: commercial)
Surveyed: Unk
Flood Zone: No
Driveway: Paved
ADDITIONAL INFORMATION
Docs Available : Certificate of Occupancy | Deed | Property Disclosure
Taxes $10,659 | Assesed Value $0 in
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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