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Income Producing Apartment Building
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Pending

32 Meadow St, Rutland, VT 05701

Apartment building with 7 units, including six one-bedrooms and one two-bedroom unit.

Property SizeContact for details
Days on Market120

Property Features for 32 Meadow St

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Franzoni Real Estate Company
Listed By: Betsy Franzoni · License #VT
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 10:57AM

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 apartment building provides 7 residential units, with six one-bedroom units and one two-bedroom unit. The property includes an older section renovated approximately four years ago, along with a newer section that contains four one-bedroom units built in 1990. Solar panels were installed about three years ago and are used to supplement the electric expense.

The property is described as being close to amenities, downtown, skiing, and the lakes region.

From a unit mix standpoint, the building is primarily one-bedroom housing with a single two-bedroom unit.

Key Highlights

  • 7‑unit apartment building with 6 one‑bedroom units and 1 two‑bedroom unit
  • Older section renovated 4 years ago
  • Newer section with 4 one‑bedroom units built in 1990

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

1,081
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building with 7 units, including six one-bedrooms and one two-bedroom unit.
Where is this apartment building located?
The property is located at 32 Meadow St Rutland, VT.
What are key features of this property?
This property features: 7‑unit apartment building with 6 one‑bedroom units and 1 two‑bedroom unit; Older section renovated 4 years ago; Newer section with 4 one‑bedroom units built in 1990
More about this property
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