118 Barnes St, West Rutland, VT 05777

Building Details

Year Built

1890

Listing office T***@wohlerrealtygroup.com Show Phone

Listing date Apr 11, 2026

Source Elliman

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All listing content including descriptions, pricing, images are the copyrighted material of Trent K Stephens

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Overview

This well-maintained 3-unit multifamily property offers immediate income with upside potential. The building includes a 2-bedroom, 1.5-bath unit, a 1-bedroom, 1-bath unit, and an efficiency studio apartment. Two units are currently leased, providing steady rental income. The 2-bedroom unit is owner-occupied and will be delivered vacant at closing, offering flexibility for investors. Current rental rates appear to be below market, offering potential for increased income. A new owner can choose to lease the vacant unit for full income production or occupy the space while benefiting from rental income from the other units. The property has been well cared for and is already operating as a functional multi-unit, allowing for a smooth transition. The property is located near local amenities. The bike score is 4, indicating it is somewhat bikeable, and the walk score is 2, indicating it is car-dependent.

Suggested Use

Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store Pharmacy Department Store

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

Location Insight

• Map
• Local Demand

City

West Rutland

County

Rutland

State

Vermont

Longitude

-73.0510725

Latitude

43.5981724

FAQs

What type of property is this?

Multifamily property - Well-maintained 3-unit property with immediate income and upside potential.

Where is this multifamily property located?

The property is located at 118 Barnes St West Rutland, VT.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Immediate income potential from two leased units; Vacant **2‑bedroom unit offers flexibility** for owner‑occupancy or leasing; Upside potential through increased rental rates (below market)