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Listed by Andy Paluch • Longview Commercial Real Estate
$ 475,000
Est. payment /mo
Active
120 Maple ST Rutland City, VT 05701
3,600 SqFt
UPDATED:
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
Construction Status Existing
Year Built 1860
Annual Tax Amount $1,646
Tax Year 2024
Lot Size 9,583 Sqft
Acres 0.22
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
Basement Bulkhead, Gravel, Insulated
Interior
Cooling None
Flooring Vinyl Plank
Exterior
Utilities Available Cable
Roof Type Asphalt Shingle,Slate
Building
Story 2.5
Sewer Public
Architectural Style Multi-Family
Construction Status Existing
