Search
Renovated Five-Unit Apartment Building
New
For Sale
$555,000

92 Center Street, Rutland, VT 05701

Five one-bedroom units include updated kitchens and baths.

Property Size5,771 SF
Price / SF$96.17
Days on Market4

Property Features for 92 Center Street

General Information

Standard status Active
Size 5,771 SF
Property subtype Commercial
Occupancy 80%

Property Condition

Severity Repairs Needed
Evidence the fifth needing finish-work to complete

Units

Unit Mix 5 x 1BR
Multifamily Units 5

Amenities

central air conditioning
air ventilation system
fire alarm system
off-street parking

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: Real Broker LLC
Listed By: Mark Triller
Source: Sugarbushrealestate
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 30 at 3:52PM

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 Real Broker LLC

Investment Insights

Based on property information with market context.

Built in 1900, this 5,771-square-foot apartment building contains five one-bedroom residences created through a substantial conversion and renovation. Original hardwood flooring, high ceilings, detailed woodwork, and large windows remain in place, while each apartment has a new kitchen and bathroom. The building also includes updated wiring and plumbing, central air conditioning, propane-fired hot-water baseboard heating, air ventilation, and a fire alarm system. The property is being sold as is, with the fifth apartment requiring finish work.

Four units are rented, and the building provides off-street parking. Its location a few blocks from downtown Rutland places shopping, dining, and recreation within convenient reach. Killington-Pico ski resorts, Lake Bomoseen, and Lake St Catherine are also accessible by car.

Key Highlights

  • Five one‑bedroom apartments within a 5,771‑square‑foot building
  • 1900 construction with preserved hardwood floors, tall ceilings, woodwork, trim, and large windows
  • Renovated kitchens and bathrooms in each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service Plumbing Service HVAC Service Butcher Furniture & Home Goods

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

Lease Details

5
Residential units
80%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,434
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom units include updated kitchens and baths.
Where is this apartment building located?
The property is located at 92 Center Street Rutland, VT.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Five one‑bedroom apartments within a 5,771‑square‑foot building; 1900 construction with preserved hardwood floors, tall ceilings, woodwork, trim, and large windows; Renovated kitchens and bathrooms in each apartment
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