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Rutland City Vermont Real Estate

Rutland County

Chartered: September 7, 1761
City Incorporated: November 18, 1892
Area: 4,910 Acres = 7.67 Square Miles
Population (US Census, 2000): 17,292
Population Density (persons per square mile): 2,254.5

Schools

Rutland City School District 802-773-1900
Mount Saint Joseph Academy
Rutland Area Christian School
Rutland Intermediate School 802-773-1932
Rutland Middle School 802-773-1960
Rutland Northeast Primary School 802-773-1940
Rutland Northwest Primary School 802-773-1946
Rutland Senior High School 802-770-1074
Stafford Technical Center 802-773-1990

Rutland Vermont, also the City of Rutland, is the state;s third largest city, located south of Middlebury along RT7. The city of Rutland boasts all the amenities and opportunities of an urban setting, with the convenience of outdoor recreation just a short drive away. Rutland;s downtown has countless shopping stores, restaurants, and night life destinations, many of which are found along Rutland;s restored historic district. 108 buildings in downtown Rutland are listed in the Historic Registry; many of them are located on the famous “Merchants Row.” Farmers markets, live entertainment, and sidewalk sales are just some of the happenings in this vibrant, Central Vermont city. And when city life gets too hectic, the surrounding countryside offers hikes, biking, swimming, and boating in the warmer months, and skiing, snowboarding, and cross-country skiing in the colder ones. Rutland Vermont real estate has the best of Vermont skiing just down the road. Popular ski resorts Killington resort and Pico Ski Resort are just minutes away. Okemo Mountain Resort, Stratton Mountain Ski Resort, Magic Mountain Ski Resort, Bromley Mountain Ski Resort, and Suicide Six Ski Area are all under an hour;s drive away.

City of Rutland Website
Rutland Area Chamber of Commerce
Rutland Economic Development Corporation

Rutlands United Neighborhoods

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43 Summer Street Rutland City VT 05701

Rutland City, VT43 Summer Street

Price$479,000

Est. Mortgage: $/month

MLS Number 5017747

  • Multifamily
  • Units 8
  • Acreage 0.11
  • Square Feet 3,896
  • PricePerSqFt 122.95

Investment Opportunity: 8-Unit Multifamily in Rutland City Don't miss this rare opportunity to own an 8-unit multifamily property located at 43 Summer St in Rutland City. The property includes 6 one-bedroom units, 1 two-bedroom unit, and a studio apartment. Current rents are well below market rate, presenting an ideal chance for an investor to boost cash flow and improve the overall cap rate by raising rents to reflect the true market potential. Situated in a convenient downtown location, this property provides easy access to local amenities, shops, and restaurants, making it highly attractive to tenants. With the rising demand for rental housing in Rutland, this property is well-positioned for long-term growth and value. Whether you're a seasoned investor or just starting to build your portfolio, this property offers significant upside potential.

Listed by Betsy Adamovich of Real Broker LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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11 Elmwood Drive Rutland City VT 05701

Rutland City, VT11 Elmwood Drive

Price$474,900

Est. Mortgage: $/month

MLS Number 5009575

  • Residential Single Family
  • Full Bath 1
  • Construction Existing
  • Bedrooms 4
  • Bathroom 3

Step into this beautifully updated 4 bedroom, 3 bath Colonial home located in a sought-after neighborhood with convenient access to all major amenities. Recent interior upgrades include professional painted, new flooring, modernized bathrooms, vanities, and updated plumbing, as well as enhanced electrical and recessed lighting throughout the basement. The property also boasts a new roof, a fenced backyard, and a pergola on the back deck, making it the perfect secure space for both pets and children. Additionally, you can unwind in the three-season screened porch and enjoy the stunning views.

Listed by Alison McCullough of Alison McCullough Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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15 Woodstock Avenue Rutland City VT 05701

Rutland City, VT15 Woodstock Avenue

Price$460,000

Est. Mortgage: $/month

Pending

MLS Number 5009711

  • Multifamily
  • Units 6
  • Bathroom 6
  • Acreage 0.18
  • Square Feet 3,869

Opportunity to purchase a high cash flow 6 unit turnkey building in the heart of Rutland at an impressive 11% cap (13% cap at proforma market rents). The building has been professionally managed, fully renovated, and a new owner can step into to this turnkey investment, projected to yield over a 20% cash on cash return during the hold period based on current numbers, with significant upside at sale. With a gross potential income upwards of $80K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents. Situated on a street with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. The building has undergone weatherization and energy efficiency work resulting in lower heating season bills than your average multifamily. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio.

Listed by Michael Gilman of 3GEN Real Estate Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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5 Clement Road Rutland City VT 05701

Rutland City, VT5 Clement Road

Price$460,000

Est. Mortgage: $/month

MLS Number 5003220

  • Residential Single Family
  • Full Bath 2
  • Construction Existing
  • Bedrooms 6
  • Bathroom 2

Step back in time and experience the charm of a bygone era with this one-of-a-kind 1860's Victorian home, situated on a stately 2-acre lot in Rutland City. Rich with history and old-world charm, this magnificent property offers endless possibilities for its new owners. The 1st floor welcomes you with an intricate entryway that sets the tone for the elegance found throughout the home. It features a bedroom and a full bathroom for convenience. The large living room is perfect for entertaining, while the dining room is ideal for hosting family gatherings and dinner parties. The kitchen, complete with 2 walk-in pantries, provides ample storage space for all your culinary needs. The exquisite parquet flooring and enchanting high ceilings add to the historical charm. From the large screened-in porch, you can enjoy the serene outdoors year-round. The 2nd floor consists of 5 more bedrooms, offering plenty of space for family, guests, or the potential for a bed and breakfast setup. A full bathroom conveniently serves all the bedrooms. Additionally, there are 2 spaces that previously served as full bathrooms, offering potential for renovation. The attic has ample storage and once served as sleeping quarters. Whether you envision this property as a primary residence, a quintessential VT bed and breakfast, or a charming vacation home, the opportunities are endless. Don't miss the chance to bring this home back to its full potential and own a piece of history in Rutland City.

Listed by Hughes Group Team of Casella Real Estate

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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54 Woodstock Avenue Rutland City VT 05701

MLS Number 4984770

  • Commercial
  • Year Built 1989
  • Square Feet 2,546
  • PricePerSqFt 176.75
  • NOI 42636

Free Standing one floor building currently it's 2 units but it could be divided a few spaces if desired, unit 1 is perfect for a medical office where its has over 10 offices and 2 bathrooms along with receptions area , currently it is an office for insurance leasing for $36,535 NNN annually, with 3 years lease remaining and willing to stay longer, this building is owned by them 2nd unit was used for years for a mortgage company the lease was for $6000 a year, the insurance company NPT is willing to vacate or stay for the new buyer, Great location in town and Well cared for, paved parking lot for 20+ cars.

Listed by Watson Realty & Associates

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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170 Woodstock Avenue Rutland City VT 05701

MLS Number 4962526

  • Commercial
  • Year Built 1900
  • Square Feet 4,037
  • PricePerSqFt 111.44

This a rare opportunity for a business investment. The first floor operates as a going market selling beer, wine and other convenience store items. Large walk-in cooler for an extensive variety of local beer and wine. Th second floor has an one bed room apartment for the owner or to rent for additional income. Located on busy route 4 on the way to Killington. This truly is a great opportunity for the entrepreneur.

Listed by Hurley Cavacas of New England Lakeside Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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33 Woodstock Avenue Rutland City VT 05701

Rutland City, VT33 Woodstock Avenue

Price$445,000

Est. Mortgage: $/month

Pending

MLS Number 5005476

  • Multifamily
  • Units 6
  • Acreage 0.45
  • Square Feet 5,140
  • Utilities Cable

Opportunity to purchase a high cash flow 6-unit turnkey building in the heart of Rutland at an impressive 12% cap. The building has been professionally managed, fully renovated, and a new owner can step into to this turnkey investment, projected to yield over a 19% cash on cash annual average return during the hold period based on current numbers, with significant upside at sale. With a gross potential income upwards of $80K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents. Situated on a serene street with ample parking and outdoor space for residents to enjoy, the property rents quick when there is a rare vacancy. The building has undergone weatherization and energy efficiency work resulting in lower heating season bills than your average multifamily. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which is already resulting in organic property appreciation and increased interest in the area from investors. Please download the OM for more information about this property. The property is also available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing broker is a Member of the LLC selling the property.

Listed by Michael Gilman of 3GEN Real Estate Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

46 Summer Street Rutland City VT 05701

Rutland City, VT46 Summer Street

Price$435,000

Est. Mortgage: $/month

MLS Number 5013866

  • Multifamily
  • Units 5
  • Bathroom 5
  • Acreage 0.17
  • Square Feet 2,936

Immaculate, renovated, 100% occupied, high cash-flow 5 unit multi-family, priced to sell at an “as is” 11% cap. The building has been professionally managed with no deferred maintenance and is in mint condition. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers. This allows a new owner to realize significant returns from cash-flow vs speculation. With a Net Operating Income of $50K, this fully occupied property has a diverse unit mix of studios, 1br and 2br apartments - allowing it to appeal to a broad range of residents, and the property is rarely vacant. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire real estate ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property

Listed by Michael Gilman of 3GEN Real Estate Inc

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

91 State Street Rutland City VT 05701
Pending

MLS Number 4984269

  • Commercial
  • Year Built 1900
  • Square Feet 1,801
  • Acreage 0.69
  • PricePerSqFt 235.98

TED'S PIZZA- Become a part of Rutland's historical food legacy. Owner has operated this iconic pizza business for over 65 years, and he's ready to retire. Will train new owner. Profitable venture with room for growth. Some owner financing available for qualified Buyers. Sale to include business, property and equipment on site. Steady clientele with predictable sales weekly.

Listed by Christopher Fucci of Chris Fucci Associates,LTD

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

70 Edgerton Street Rutland City VT 05701

Rutland City, VT70 Edgerton Street

Price$410,000

Est. Mortgage: $/month

MLS Number 5017317

  • Residential Single Family
  • Full Bath 1
  • Construction Existing
  • Bedrooms 3
  • Bathroom 3

This charming 1925 classic Colonial home is nestled on a quiet dead-end street, offering easy access to ski areas, downtown, RRMC, and more. As you enter, you're greeted by a traditional layout: the living room to your left, the dining room to your right, and the staircase straight ahead leading to the second floor. The kitchen, conveniently adjacent to the dining room, opens onto a spacious covered deck, perfect for entertaining. From here, you can enjoy views of the beautiful in-ground heated pool and your private backyard oasis. The fenced yard provides a safe space for both kids and pets to play freely. On the main level, you'll also find a cozy den/office that opens to the deck, along with a convenient half bath. Upstairs, the generous primary bedroom features two walk in closets or nursery spaces, plus two closets and two additional bedrooms and a full bath on this level. The lower level offers potential with some partially finished space, a walkout to the backyard, a three-quarter bath, laundry facilities, and access to two garage bays beneath the house. This home blends classic charm with modern convenience, making it an ideal retreat for families and entertaining.

Listed by Susan Bishop of Four Seasons Sotheby's Int'l Realty

$
$
%
$/month over payments
Federal 30-year interest rate: 6.32% last updated on Oct 10, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Virtual TourSave FavoriteSchedule TourAsk A QuestionMore Details

Broker Reciprocity 

Copyright 2024 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated October 12, 2024 3:39 PM EDT