121 River Street, Rutland, VT 05701

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
121 River Street,Rutland City, VT 05701
$225,000
  • 5 Beds
  • - Baths
  • 2,622 sq. ft.
  • Multi-family
  • Pending
Listed by: leo pond, karen heath
Office: four seasons sotheby's int'l realty
MLS#:5062823
Source:PrimeMLS

Price summary

  • Price:$225,000
  • Price per sq. ft.:$57.21

About this home

Check out this solid income-generating opportunity featuring three distinct rental units that offer both stability and excellent long-term investment potential. The front of the property is configured as a classic two-family, with the first-floor apartment and a second-floor unit accessed via a shared stairwell—each offering functional layouts that cater to tenant comfort and convenience. Tucked away at the back of the property is a unique studio apartment with a lofted bedroom, adding variety to the unit mix and broadening the appeal for a range of renters. Fully occupied and generating steady rental income, this multifamily asset is ready to deliver returns from day one. Recent improvements enhance both value and peace of mind, including: numerous vinyl replacement windows, refurbished front deck, two brand-new oil tanks, new (partial) poured concrete foundation wall. Additional thoughtful updates to boost safety, curb appeal, and long-term durability. Located just a short

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Home facts

  • Year built:1825
  • Listing ID #:5062823
  • Added:85 day(s) ago
  • Updated:October 17, 2025 at 07:20 AM

Rooms and interior

  • Bedrooms:5
  • Living area:2,622 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric, Hot Water, Oil

Structure and exterior

  • Roof:Slate
  • Year built:1825
  • Building area:2,622 sq. ft.
  • Lot area:0.2 Acres

Schools

  • High school:Rutland Senior High School
  • Middle school:Rutland Intermediate School
  • Elementary school:Northwest Primary School

Utilities

  • Sewer:Public Available

Finances and disclosures

  • Price:$225,000
  • Price per sq. ft.:$57.21
  • Tax amount:$5,133 (2025)
MLS LogoCopyright 2025 Prime MLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of Prime MLS. The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated December 18, 2025

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