75 North St | Image 1
New
75 North St | Image 2
75 North St | Image 3

$280,000

For Sale

7 days ago

75 North St, Rutland, VT

House

MLS® 5103767

0 Bed

0 Bath

2336 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2336 sqft
Garage Yes
Taxes $5,952
Days Active 7
Lot Size 0.25 Acres
Approx. Age 1900
Avg. Price Per Sqft $119
MLS® Number 5103767

Property Address: 75 North St, Rutland, VT, 05701-6103

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number5103767
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementDirt Floor, Unfinished
DrivewayGarage, Off Street
Garage Spaces
HeatBoiler
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 6, 2026List Date
$280,000List Price
  • Commute

Commute

Starting Address
Destination Address
75 North St, Rutland, VT

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