Discover an exceptional investment opportunity in the heart of Rutland, Vermont. This newly renovated 7-unit apartment building combines modern living, strong rental income, and low maintenance design ideal for any investor seeking stable cash flow and long-term appreciation.
Property Highlights:
7 Fully Renovated Units – Thoughtfully updated with new flooring, kitchens, bathrooms, appliances, fixtures, and paint throughout. Every unit offers clean, modern finishes that attract quality tenants.
Turnkey Investment All major systems updated or serviced, including plumbing, electrical, heating, and life-safety systems.Common areas refreshed for durability and aesthetic appeal.
Strong Income & Occupancy – Fully leased with reliable tenants. High demand area with low vacancy rates and easy access to downtown Rutland, shopping, dining, and local employers.
Off-Street Parking & Proximity to Local Amenities. Minutes to Rutland Regional Medical Center, Green Mountain College, Killington ski area, public transportation, and major routes.
Recent Improvements Include:
New kitchens and stainless appliances
Updated bathrooms and fixtures
New flooring, trim, drywall, and paint
Energy-efficient windows and insulation upgrades
Updated electrical panels, plumbing, and heating systems.
Potential to build out 8th unit and onsite laundry in basement
For sale by owner
$899,999
33 Cottage St, Rutland, VT 05701
15beds
8,967sqft
Est.:
MultiFamily
Built in 1900
-- sqft lot
$-- Zestimate®
$100/sqft
$-- HOA
What's special
Modern livingOff-street parkingNew kitchensClean modern finishesNew flooring
- 49 days |
- 435 |
- 14 |
Listed by:
Property Owner (781) 706-2034
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 15
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Radiant, Propane / Butane
Cooling
- None
Appliances
- Included: Microwave, Range / Oven, Refrigerator
Features
- Flooring: Laminate, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 8,967 sqft
Property
Parking
- Total spaces: 12
- Parking features: Off-street
Features
- Exterior features: Brick, Cement / Concrete
- Has view: Yes
- View description: Mountain
Lot
- Size: 9,583 Square Feet
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: Circuit Breaker(s), Fuses
- Sewer: Public
- Utilities for property: Cable - Available, Telephone Available
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $100/sqft
- Date on market: 10/22/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,155/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2025 | Listed for sale | $899,999+136.8%$100/sqft |
Source: Owner Report a problem | ||
| 2/1/2024 | Sold | $380,000-8.4%$42/sqft |
Source: | ||
| 10/8/2023 | Contingent | $415,000$46/sqft |
Source: | ||
| 9/3/2023 | Price change | $415,000-7.8%$46/sqft |
Source: | ||
| 7/19/2023 | Listed for sale | $450,000$50/sqft |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$5,200/mo
Principal & interest
$3490
Property taxes
$1395
Home insurance
$315
Climate risks
Neighborhood: Rutland City
Nearby schools
GreatSchools rating
- 4/10Rutland Intermediate SchoolGrades: 3-6Distance: 0.2 mi
- 3/10Rutland Middle SchoolGrades: 7-8Distance: 0.2 mi
- 8/10Rutland Senior High SchoolGrades: 9-12Distance: 1.4 mi
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