Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
182 State Street,Rutland City, VT 05701
$255,000
- 5 Beds
- 3 Baths
- 2,884 sq. ft.
- Multi-family
- Pending
Listed by: leo pond, karen heath
Office: four seasons sotheby's int'l realty
MLS#:5062824
Source:PrimeMLS
Price summary
- Price:$255,000
- Price per sq. ft.:$64.43
About this home
Calling all investors! This versatile three-unit property in Rutland presents a rare opportunity to own an income-generating asset with multiple revenue streams. The main home is a classic two-family residence featuring two spacious apartments—one on the first floor and one on the second. Each unit offers a functional layout. The upstairs apartment has been recently refreshed with brand-new flooring, fresh paint throughout, and the addition of a large closet to enhance the generously sized primary bedroom. A charming sun porch at the rear of the second-floor unit adds to its appeal. Behind the main building sits a detached, stand-alone dwelling —a valuable bonus unit where the tenant pays all their own utilities. This open-concept living space features wood floors, two bedrooms, and a sunny south-facing private deck. Below the living space is a two-bay garage, currently used for storage but offering potential for additional rental income or tenant amenities. A shared driveway leads to an ample off-street parking area, ensuring convenience for all residents. Located adjacent to the paved Rutland Creek Path—a multi-use trail that links Pine Hill Park to downtown. This property offers consistent tenant appeal and excellent proximity to local employers, schools, shopping, and outdoor recreation. With strong rental demand in the area, this is a smart addition to any investment portfolio.
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Home facts
- Year built:1890
- Listing ID #:5062824
- Added:127 day(s) ago
- Updated:October 17, 2025 at 07:20 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Living area:2,884 sq. ft.
Heating and cooling
- Heating:Baseboard, Hot Water, Multi Zone
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1890
- Building area:2,884 sq. ft.
- Lot area:0.51 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:$255,000
- Price per sq. ft.:$64.43
- Tax amount:$6,329 (2025)
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