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Rutland, VT Apartment Buildings for Sale

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Massive Multifamily Transformation Opportunity
$300,000

Massive Multifamily Transformation Opportunity

135 Grove St, Rutland, VT 05701

Partially converted multifamily building ready for transformation into 4-5 units.

  • High Potential for Increased Unit Count: Previously permitted for 4 units, with city indication of a possible 5th and potential for more with proper permitting.
  • Large Multifamily Conversion Project: Partially converted from a 23‑room boarding house into a 4‑5 unit multifamily building.
  • Substantial Size and Layout: Each unit designed to have 4+ bedrooms, offering ample living space.
  • ADA‑Compliant Unit: One unit thoughtfully designed to meet ADA requirements.
  • Ample Parking: Situated on a large lot with ample parking space.
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Rutland Multifamily Investment Opportunity
$1,260,000

Rutland Multifamily Investment Opportunity

260 Business Rte 4 St, Rutland, VT 05701

Well-maintained 14-unit apartment complex in Rutland Town.

  • High CAP Rate: Current CAP Rate Above 10.8% indicates strong potential return on investment.
  • Significant Gross Revenue: Pro forma gross revenues of $197,400 per year with 100% occupancy.
  • Multi‑Unit Property: Total of 14 one‑bedroom apartments across two buildings.
  • Large Parcel: Sits on a large parcel over 1.20 +- Acres.
  • Convenient Location: Convenient to city amenities in Rutland town (Center Rutland).
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Rutland, VT, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Castleton Multi-Family Investment Opportunity
$260,000
1,800 SF

Castleton Multi-Family Investment Opportunity

Multi-family complex near Vermont State University, Castleton. Investment opportunity.
2158 Main St, Castleton, VT 05735
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Lake Bomoseen Income Property
$985,000
3,817 SF

Lake Bomoseen Income Property

Multi-family duplex with lake frontage and income potential.
3261 Route 30 North, Castleton, VT 05735
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Historic Vermont Property On The Green
$362,000

Historic Vermont Property On The Green

Charming property with income potential in East Poultney, Vermont.
11 On The Grn St, Poultney, VT 06764
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Mixed-Use Property in Poultney Village
$359,900

Mixed-Use Property in Poultney Village

Fully leased mixed-use property with long-term tenants in Poultney, VT.
199 Main St, Poultney, VT 05764
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Rutland, VT Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Rutland, VT on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,560,000.

Prices for two-family homes in Rutland, VT start at $300,000, averaging $780,000, and reaching up to $1,260,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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