120 Maple ST Active

Rutland City,VT 05701

$ 475000

- Bed

- Bath

3600 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $131

MLS Listing ID 5062592

Year Built 1860

Annual Tax Amount $1,646

Tax Year 2024

Lot Size 9,583 Sqft

Property Description

Discover a true unicorn investment property in the heart of Rutland! 120 Maple Street has been completely reimagined and rebuilt from the studs up—delivering a turn-key, worry-free opportunity for investors or owner-occupants alike. This fully renovated five-unit property features four spacious 2-bedroom apartments and one 1-bedroom apartment, each designed with modern finishes, abundant natural light, and thoughtfully upgraded layouts. Every aspect of the building is brand new—including all mechanicals, electrical, plumbing, heating systems, and interiors—ensuring long-term durability and low operating costs for years to come. Three of the five units have rent restrictions tied to HUD Fair Market Rent Rates for 5 years, due to grant funds received to renovate the property. Located in a strong rental market with high demand for quality housing, this property offers a rare blend of stability and upside. Tenants will enjoy updated kitchens and baths, energy-efficient systems, and the convenience of a central Rutland location close to shops, schools, and employers.

Location

State VT

County Vt-rutland

Area Vt-Rutland

Zoning MR-1

Rooms

Basement Entrance Walk-up

Interior

Cooling None

Flooring Vinyl Plank

Exterior

Utilities Available Cable

Roof Type Asphalt Shingle,Slate

Building

Story 2.5

Sewer Public

View More
Favorite Go Tour