Back to Search
Turnkey Renovated Duplex with Separate Utilities

209 State Street Rutland, VT 05701

209 State Street, Rutland, VT, 05701
$479,000
For Sale
$479,000

Renovated duplex with true utility separation and updated kitchens, ready for income or owner-occupancy.

Property Size4,851 SF
Price / SF$98.74
Days on Market49

Property Features for 209 State Street

General Information

Standard status
Active
Size
4,851 SF
Property subtype
Multi Family Home

Building Details

Year Built
1905
Listing agency Www. Homezu. Com
Listed by Jason Saphire · License #9086666
Source Threehillsres
Added: Jun 4 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 9:14AM

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 Www. Homezu. Com


Investment Insights

Based on property information with market context.

Turnkey, upscale duplex with recently renovated interiors and exterior finishes, featuring updated plumbing and electrical plus new appliances (under 2 years). The layout provides true utility separation with water meters and dedicated electrical, oil, and heating systems for each unit. Both floors include upgraded kitchens and baths, with the first floor offering a new master bath/shower and the second floor featuring a sunroom. Additional improvements include freshly painted surfaces, original wood floors, and a wrap-around porch. A dry, insulated basement with a vapor barrier and serviced sump pump supports day-to-day use, and the attic has 16" blown-in insulation.

The property is in the heart of Rutland City and positioned minutes from Killington, shopping, and local events. It also includes a current occupancy permit, allowing short-term rentals such as Airbnb from day one. The home has been equipped with a 10-camera Wi-Fi security system, monitored smoke/CO detectors, and motion and window sensors, along with EV/RV 30-amp plugs. Recent maintenance is noted for the slate roof (6/25), and the home includes two newer furnaces.

For tenants, buyers, or operators, the combination of separate systems, modernized finishes, and turnkey readiness supports either an income-focused strategy or owner-occupancy. A completed condo conversion is also in place so the units can be sold separately.

Key Highlights

  • Turnkey duplex in Rutland City with current occupancy permit; previously used as Airbnb and ski rental
  • Over 3,200 sq ft with true utility separation: separate water meters, electric, oil, and heating systems for each unit
  • Recently renovated with updated plumbing and electrical, plus new appliances (under 2 years) and freshly painted interior/exterior

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Home Appliance Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Duplex - Renovated duplex with true utility separation and updated kitchens, ready for income or owner-occupancy.
Where is this duplex located?
The property is located at 209 State Street Rutland, VT.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Turnkey duplex in Rutland City with current occupancy permit; previously used as Airbnb and ski rental; Over 3,200 sq ft with true utility separation: separate water meters, electric, oil, and heating systems for each unit; Recently renovated with updated plumbing and electrical, plus new appliances (under 2 years) and freshly painted interior/exterior
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message