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102 Spring Glen, Killington, VT, 05751
Renovated Side-by-Side Duplex

102 Spring Glen Killington, VT 05751

For Sale
$775,000

MULTI_FAMILY - Other - Killington, VT

Property Size2,392 SF
Lot Size1.10 Acres
Price / SF$323
Days on Market23

Property Features for 102 Spring Glen

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 1
Parking features
Driveway
Patio and Porch features
Patio, Porch
Exterior features
Patio, Covered Porch, Shed
Appliances
Electric Water Heater, Separate Water Heater
Standard status
Active
Size
2,392 SF
Lot size
1.10 Acres

Taxes and HOA fees

Tax Year
2026
Tax Annual Amount
8150

Utilities

Utilities
Propane
Heating system
Electric (Heating)
Water source
Private, Well

Building Details

Year built
1973
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet, Combination, Tile
Building materials
Wood Frame, Vertical Siding, Wood Siding
Roof type
Shingle
Architectural style
Other
Listing Agency: Killington Pico Realty
Listed By: Kyle Kershner
Added: Jul 4 Changed: Jul 13 Last Checked: Jul 26 at 12:06PM
MLS# 5098164

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This fully renovated side-by-side duplex includes two spacious units, each offering two bedrooms, a bonus room, and two full bathrooms. The homes were renovated to the studs and updated with new wiring, insulation, egress windows, and a code-compliant fire alarm system. Inside, each unit features a kitchen with white cabinetry, stainless steel appliances, faux stone countertops, and durable laminate flooring. Live-edge breakfast bars with seating for four overlook the inviting sunken living rooms, and each unit has soaring 9-foot ceilings that add an open feel.

The property sits on a private, thoughtfully manicured woodland setting with a full-length covered front porch for convenient all-weather access. Each unit also has its own private patio. The duplex is tucked at the end of a quiet dead-end road, providing a sense of privacy while remaining within Killington, Vermont, in Rutland County. Residential zoning applies.

Configured with separate utilities, the duplex supports flexible use for investors seeking two self-contained rental homes, as well as owner-occupants who want an attached second unit. With multiple bedrooms and an additional bonus room per unit, the layout can accommodate a range of household needs, while the turnkey renovation and safety upgrades reduce near-term renovation concerns for a new owner.

Key Highlights

  • Side‑by‑side duplex built in 1973 with two 2‑bedroom units plus a bonus room and two full bathrooms each
  • Renovated to the studs with new wiring and insulation, egress windows, and a code‑compliant fire alarm system
  • Separate utilities for each unit, each with an electric water heater and a separate water heater

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $33.0k $13.80
− Vacancy −$627 −$0.26
EGI $32.4k $13.54
− OpEx −$9.7k −$4.06
NOI $22.7k $9.48
2,392 SF · lease $13.80/SF/yr · vacancy 1.90% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$323.8K
$283.4K – $377.8K (±1% cap)
NOI $22,668 @ 7.0% cap · market cap 2.92%
Second Best
Apartment 5plus
$298.4K
$261.1K – $348.1K (±1% cap)
NOI $20,886 @ 7.0% cap · market cap 2.69%
Theoretical Best
Healthcare Medical
$416.5K
$364.4K – $485.9K (±1% cap)
NOI $29,153 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage HVAC Service Furniture & Home Goods Carpet & Flooring Store Home Appliance Store Skin Care Clinic Grocery & Convenience Store Acupuncture Kitchen & Bath Showroom Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully renovated duplex with separate utilities and two sunken living rooms, suited for multi-unit ownership or live-in rental.
Where is this duplex located?
The property is located at 102 Spring Glen Killington, VT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Side‑by‑side duplex built in 1973 with two 2‑bedroom units plus a bonus room and two full bathrooms each; Renovated to the studs with new wiring and insulation, egress windows, and a code‑compliant fire alarm system; Separate utilities for each unit, each with an electric water heater and a separate water heater
More about this property
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