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    23 Terrill St Rutland, VT 05701

    For Sale
    $240,000

    Multi-Family - Rutland City, VT

    Property size:
    2,208 SF
    Lot size:
    0.07 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 23 Terrill St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use
    Rooms
    Basement
    Basement Y/N
    1
    Appliances
    Range, Refrigerator
    Size
    2,208 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Multi Units

    Building Details

    Year built
    1888
    Floors in Building
    1.5
    Number of units
    2
    Flooring type
    Wood
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Alison McCullough Real Estate (802) 747-8822 [email protected]

    Listing agent Alison McCullough (802) 747-4531

    Listing date Oct 18, 2025

    MLS# 5056117 Listing URL

    Copyright © 2025 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Salon with Income Apartment

    This property features an established, fully equipped hair salon and a one-bedroom apartment. The salon is move-in ready and includes a comfortable waiting area, a fully furnished front desk, a reclining shampoo area, a hair drying station, and a washer and dryer. There are two cutting and styling stations with the potential for expansion. The salon also offers retail shelving for product sales, as well as manicure, pedicure, facial, and massage rooms. The property is located on a busy street and presents an opportunity for an entrepreneur to own a thriving salon business with additional income from the apartment. The building is suitable for mixed-use purposes and is also listed as a commercial property. The property size is 2208 square feet and the lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bourn Beautiful Permanent ... Plastic Surgeon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rutland
    County
    Orleans
    State
    Vermont
    Longitude
    -72.9702009
    Latitude
    43.6091168

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    FAQs

    What type of property is this?
    Retail space - Established hair salon with apartment for extra income in Rutland.
    Where is this retail space located?
    The property is located at 23 Terrill St Rutland, VT.
    What is the asking price?
    The asking price for this property is $240,000.
    What are key features of this property?
    This property features: - Prime location on a busy street.; - Turnkey, fully equipped hair salon ready for immediate operation.; - Expandable salon with two cutting and styling stations.
    (802) 747-4531
    Request Owner's contact information
    23 Terrill St Rutland, VT 05701
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    Rutland, VT 05701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    23 Terrill St Rutland, VT 05701
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