Property Details
Basic Information
- MLS Number: 5090743
- List Price: $299,000
- Lot Description: City Lot, Curbing, Landscaped, Major Road Frontage, Sidewalks
- Date Listed: 05/25/2026
- Units: 2
- Description: Great income-producing opportunity right in the heart of downtown Rutland City. This nicely maintained two-unit, two-story property offers comfort, flexibility, and strong rental appeal. Each unit is equipped with its own laundry hookup, adding everyday convenience for tenants or owner-occupants alike. Enjoy outdoor living with a windowed porch for the lower unit and a private back terrace for the upper unit. The property also features a two-car garage, ample driveway parking, and two separate fenced yard/garden spaces-perfect for pets, gardening, entertaining, BBQs, or simply relaxing outdoors. Ideally situated directly across from the Green between Route 4/7 and Main Street, this location offers easy walkability to shopping, restaurants, parks, and everything downtown Rutland has to offer. The first-floor unit is owner-occupied full-time, while the upstairs unit offers 3 bedrooms and 1 bathroom with interior stairwell access. A lease is currently in place with long-term tenants paying $2,000 per month, providing immediate income potential. A versatile investment property in a prime downtown location with excellent owner-occupant or income-producing possibilities.
Building
- Acreage: 0.15
- Square Feet: 2,598
- Year Built: 1870
- Zoning: MSP Main Street Park
- Roof: Shingle, Slate
- Building Construction: Wood Frame, Vinyl Exterior
- Foundation: Concrete, Fieldstone
Location
- County: Rutland
- Town: Rutland City
Finance
- Taxes: $5,509
Interior Features
Bathrooms
- Bathrooms: 2
Basement
- Basement: Dirt Floor
Exterior Features
Exterior Features
- Exterior Color: Gray
Utilities and Appliances
Utilities and Appliances
- Utilities: Cable Available, Multi Phone Lines, T1 Available
Community
Amenities
- Other Amenities: Basement, Garden
- Exterior Amenities: Covered Porch, Screened Porch
Other Details
Water
- Water: Public Water On-Site