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75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo
75 North Street, Rutland City, VT 05701 Photo

27 Total Photos [Click to View All]

  • Listing Provided by:
    Real Broker LLC
    Phone: 802-613-0729
    Agent: KC Gandee IDX logo

  • 4
    Beds
  • 3
    Baths
  • 2,336
    Square Feet
  • Rutland City
    School
  • 5103767
    MLS#
$280,000
Status: Active
75 North Street Rutland City, VT 05701

Property Description

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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Property Features

MLS Number: 5103767
Subdivision:
County: Rutland
Bedrooms: 4
Total Square Feet: 2,336
Style: Multi-Family
New Constuction: No
Construction: Wood Frame
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Dirt Floor, Unfinished
Cooling: None
Garage: 2
Heating: Boiler
Lot Size: 0.25 Acres
Roof Type: Shingle
Stories: 2.0
Taxes: $5,952
Year Built: 1900

Units

Unit 1:
Bathroom(s): 1
Bedrooms: 2
Rent: $1200.00
Unit 2:
Bathroom(s): 1
Bedrooms: 1
Rent: $1000.00
Unit 3:
Bathroom(s): 1
Bedrooms: 1
Rent: $1000.00

Feature Descriptions

Construction: Wood Frame
Days on Market: 7
Driveway: Paved
Driveway: Paved
Electric: 100 Amp Service
Exterior: Wood Frame
Flood Zone: No
Foundation: Block
Foundation: Block
Home Style: Multi-Family
Lot: City Lot, Corner, Level, Open, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Neighborhood, Near Public Transport, Near School(s)
Parking: Garage, Off Street
Roads: Paved, Public, Public Maintained Road
Sewer: Public
Sq. Ft. Total Finished: 2336
Total Stories: 2
Units: 3
Water: Public
Zoning: RESD 1

Location

Listed By / Shown By

Listed By

Broker Name: Real Broker LLC
Agent Name: KC Gandee
Broker Phone: 802-613-0729

Shown By

Broker Title: Badger Peabody & Smith Realty
Broker Phone:

IDX logo

Estimate Your Payment

Estimated Payment

$ 1,949.60 per month $1,371.93 Principal & Interest $496.00 Property Tax $81.67 Homeowner's Insurance

Source: Delta Media Group, Inc.

Change Payment Information

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(Payments are an estimate and may vary by lender)

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