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Updated Multi-Unit Residential Property
For Sale
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Pending

36 36 1/2and 38 Washington Street, Rutland, VT 05701

Includes a renovated 6-unit apartment building, a maintained 4-unit house, and an additional brick ranch home.

Property SizeContact for details
Days on Market119

Property Features for 36 36 1/2and 38 Washington Street

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Franzoni Real Estate Company
Listed By: Betsy Franzoni · License #VT
Source: Crexi
Added: Apr 12 Changed: Jul 21 Last Checked: Aug 7 at 5:43AM

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 Franzoni Real Estate Company

Investment Insights

Based on property information with market context.

This property features a beautifully updated Federal building that has been transformed into a 6-unit apartment building. It also includes a well maintained 4-unit house and a separate single-family brick ranch.

The buildings are located downtown, close to amenities, as well as skiing, golf, and the lakes region.

Overall, the offering provides multiple residential structures in a pride-of-ownership configuration, with updates and maintenance called out across the apartment building, the 4-unit house, and the brick ranch.

Key Highlights

  • Converted Federal building now features a renovated 6‑unit apartment building
  • Also includes a maintained 4‑unit house
  • Additional single‑family brick ranch included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,417
Businesses Nearby

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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Includes a renovated 6-unit apartment building, a maintained 4-unit house, and an additional brick ranch home.
Where is this apartment building located?
The property is located at 36 36 1/2and 38 Washington Street Rutland, VT.
What are key features of this property?
This property features: Converted Federal building now features a renovated 6‑unit apartment building; Also includes a maintained 4‑unit house; Additional single‑family brick ranch included
More about this property
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