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Offered at $280,000Active
beds
4
baths
3
sq ft
2,336
Built
1900

75 North Street

Rutland City, VT 05701

Residential Income · Active · MLS #5103767
Listing Courtesy of Real Broker LLC | KC Gandee

The home

About this home

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!

Property information

Details at a glance

Interior2 property facts
Rooms
1
Cooling
None
Building6 property facts
Style
Multi Family
Year built
1900
Garage
2
Parking
2
Foundation
Block
Roof
Shingle
Land & utilities4 property facts
Lot size
0.25 acres
Water
Public
Sewer
Public Sewer
Zoning
RESD 1
Financial2 property facts
Annual taxes
$5,952
Assessment year
2026

Plan your purchase

Estimated monthly cost

Explore costs at the $280,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$1,912 / monthAdjust
Principal & interest
$1,416
Property tax
$496
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $5,952. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Listing history

Price and status timeline

No additional listing history is available for public display.

Compare with confidence

Price & market context

See how this home compares with active listings in Rutland City.

This home compared with active listings in Rutland City
MetricThis homeLocal listings
List price$280,000$299,0006% below local
Price / sq ft$120$121Near the local benchmark
Days on market294840% below local

Active city listing statistics from PrimeMLS as of September 11, 2026. Asking prices are not completed-sale values.

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Common questions

About 75 North Street

Can I request a private showing?

Request a tour of 75 North Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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