- Rutland City VT Multi Family Homes $500000 to $1000000
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$550,000 | $178 per sq.ft. | Number of Units 2 Total Sq. Ft. 3084 | Acres: 0.32 RUTLAND CITY VT
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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!
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Price Change! reduced by $20,000 down 4% on February 17th 2026
$569,500 | $132 per sq.ft. | Number of Units 4 Total Sq. Ft. 4329 | Acres: 0.15 RUTLAND CITY VT
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Description:One of Rutland's most unique properties, in a very convenient location within an easy walking distance to downtown. Creatively designed and meticulously cared for, there is more to see than meets the eye. Close to skiing, golf, lakes and other recreation such as the renowned Pine Hill Bike Trail system. Owned and occupied for decades by a local professional who not only lived in the gorgeous owner's unit, but ran her business from there as well. Current Pro-Forma reflects over $52K in annual net income. Projections including owner's unit rent supports a very strong return. Must be seen to be truly appreciated.
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