Renovated Five-Unit Apartment
For Sale
$450,000
Pending
120 Maple St, Rutland, VT 05701
Completely renovated five-unit building with four 2-bedroom units and one 1-bedroom, all with brand-new systems.
Property SizeContact for details
Days on Market49
Property Features for 120 Maple St
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1860
Units
5
Listing Agency:
Longview Commercial
(802) 772-5052
Listed By:
Andy Paluch · License #0820134503
(802) 772-5052
Source:
Elliman
Added: Jul 4
Changed: Aug 12
Last Checked: Aug 11 at 10:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Longview Commercial
Investment Insights
Based on property information with market context.
This completely rebuilt five-unit apartment property at 120 Maple St features four spacious two-bedroom apartments and one one-bedroom apartment. The building has been reimagined from the studs up with new interior finishes and updated, brand-new mechanicals throughout, including electrical, plumbing, and heating systems. Updates also extend to kitchens and baths, with the units designed to capture abundant natural light and provide thoughtfully upgraded layouts.
The property is located in central Rutland, with walkability noted by a 73 walk score and bikeability noted by a 51 bike score. The public remarks also describe convenience to local shops, schools, and employers.
For investors or owner-occupants, the mix of unit types supports tenant flexibility across the one- and two-bedroom spectrum. Additionally, three of the five units include rent restrictions tied to HUD Fair Market Rent rates for five years, associated with grant funds received to renovate the property. This arrangement may be particularly relevant for operators planning around the term of those restrictions while leveraging a fully modernized building core.
The property is located in central Rutland, with walkability noted by a 73 walk score and bikeability noted by a 51 bike score. The public remarks also describe convenience to local shops, schools, and employers.
For investors or owner-occupants, the mix of unit types supports tenant flexibility across the one- and two-bedroom spectrum. Additionally, three of the five units include rent restrictions tied to HUD Fair Market Rent rates for five years, associated with grant funds received to renovate the property. This arrangement may be particularly relevant for operators planning around the term of those restrictions while leveraging a fully modernized building core.
Key Highlights
- Fully renovated five‑unit property originally built in 1860, rebuilt from the studs up
- Unit mix: four 2‑bedroom apartments and one 1‑bedroom apartment
- Brand‑new systems reported: mechanicals, electrical, plumbing, heating, and interiors
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,066
Businesses Nearby
Explore this area
Business Placement
Demographics for 05701, VT
20,349
Population
10,528
Households
1.9
Avg Household Size
48
Median Age
34%
College-Educated
93%
High-School Grad
67.7 sq mi
ZIP Area
301
Density / Sq Mi
$58,744
Median Household Income
$41,391
Median Earnings
$963
Median Rent
$202,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Completely renovated five-unit building with four 2-bedroom units and one 1-bedroom, all with brand-new systems.
Where is this apartment building located?
The property is located at 120 Maple St Rutland, VT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully renovated five‑unit property originally built in 1860, rebuilt from the studs up; Unit mix: four 2‑bedroom apartments and one 1‑bedroom apartment; Brand‑new systems reported: mechanicals, electrical, plumbing, heating, and interiors
