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Owner-Occupied Residential Income Property
For Sale
$569,500

107 Franklin Street, Rutland, VT 05701

Pro-forma shows over $52K in annual net income, with an owner unit that historically supported an on-site business.

Property Size4,329 SF
Price / SF$131.55
Days on Market493

Property Features for 107 Franklin Street

General Information

Standard status Active
Size 4,329 SF
Property subtype Multi Family
Zoning Resd. 1

Taxes and HOA fees

Annual Taxes $3,711

Amenities

Cans, Owner, Private
Wall AC Units
Propane, Electric
Yes
Carpet, Ceramic Tile, Hardwood
Gas Water Heater, Propane Water Heater, Owned Water Heater
2
5
4
Interior
Full, Interior Stairs, Storage Space, Exterior Access
40
Metal
Brown
Wood Frame, Clapboard Exterior, Wood Exterior

Building Details

Year Built 2014
Listing Agency: Chris Fucci Associates, LTD
Listed By: Christopher Fucci
Source: Compass
Added: Apr 3, 2025 Changed: Aug 8 Last Checked: Aug 8 at 11:22AM

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 Chris Fucci Associates, LTD

Investment Insights

Based on property information with market context.

This owner-occupied residential income property is described as uniquely designed and meticulously cared for. The current ownership includes an owner’s unit where the owner both lived and ran her business from the residence. The arrangement has been maintained for decades, and the property is presented as having more to see than initially meets the eye.

The location is described as convenient, with easy walking distance to downtown. The remarks also note proximity to skiing, golf, lakes, and recreation including the Pine Hill Bike Trail system.

The current pro-forma reflects annual net income of over $52,000. The pro-forma projections further include support from rent associated with the owner’s unit.

Key Highlights

  • Pro‑forma reflects over $52K in annual net income, with projections that include the owner unit’s rent
  • 2014‑built property with 2 total stories and a full basement with interior stairs and storage space
  • Interior features include wall AC units, propane and electric heating, and flooring of carpet, ceramic tile, and hardwood

Property Analytics

Current Use

Expressions Portrait Studio Photography Service

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service Electrical Service Home Appliance Store Plumbing Service 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

1,318
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?
Multifamily property - Pro-forma shows over $52K in annual net income, with an owner unit that historically supported an on-site business.
Where is this multifamily property located?
The property is located at 107 Franklin Street Rutland, VT.
What is the asking price?
The asking price for this property is $569,500.
What are key features of this property?
This property features: Pro‑forma reflects over $52K in annual net income, with projections that include the owner unit’s rent; 2014‑built property with 2 total stories and a full basement with interior stairs and storage space; Interior features include wall AC units, propane and electric heating, and flooring of carpet, ceramic tile, and hardwood
More about this property
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