75 North Street, Rutland, VT 05701
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
75 North Street,Rutland City, VT 05701
$280,000
- 4 Beds
- 3 Baths
- 2,336 sq. ft.
- Multi-family
- Active
Listed by: kc gandee
Office: real broker llc.802-613-0729
MLS#:5103767
Source:PrimeMLS
Price summary
- Price:$280,000
- Price per sq. ft.:$79.91
About this home
Prime Income Property: 3-Unit Asset in Rutland City! Looking for a lucrative 3-unit multi-family property in Rutland City? This well-maintained investment at 75 North St has featured consistent capital improvements since 2022 and is fully ready for its next owner. Unit Breakdown & Property Highlights Unit 1 (Ground Floor): Spacious 2-bedroom, 1-bath layout featuring generous living space and a private deck. Units 2 & 3 (Second Floor): Two independent 1-bedroom, 1-bath units, each featuring its own private entrance. Parking & Storage: Ample off-street parking plus a detached 2-car garage (currently utilized by tenants for storage). Location: Prime rental market close to schools, parks, and downtown Rutland. Occupancy: Flawless, steady occupancy history offering long-term stability. Recent Updates (75 North St) 2022: New furnace installed, along with electrical and minor plumbing updates. 2023: Additional targeted electrical upgrades completed. 2024: Brand-new communal laundry room built out for tenant convenience. 2025: Professional tree removal completed on the grounds. Utilities: Serviced by three separate hot water heaters (one propane, two oil). Financials & Investor Upside Current Returns: Producing a strong 6.8% CAP rate at the current offering price. Immediate Value: Rents are currently priced below market, giving you built-in rental upside from day one. Future Optimization: Property is move-in ready, or you can unlock massive value by using state grant money to upgrade the two 1-bedroom units. Don't miss this opportunity to add a stable, highly updated multi-family asset to your portfolio!...
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Home facts
- Year built:1900
- Listing ID #:5103767
- Added:1 day(s) ago
- Updated:August 07, 2026 at 12:43 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Basement Description:Interior, Unfinished
- Living area:2,336 sq. ft.
Structure and exterior
- Roof:Shingle
- Year built:1900
- Building area:2,336 sq. ft.
- Lot area:0.25 Acres
- Levels:2 Story
Schools
- High school:Rutland Senior High School
- Middle school:Rutland Middle School
- Elementary school:Rutland Northeast Primary Sch
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$280,000
- Price per sq. ft.:$79.91
- Tax amount:$5,952 (2026)
Parking
- Parking description:Paved Driveway
- Garage spaces:2
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