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Four-Unit Multifamily Property
New
For Sale
$320,000

99 Center St, Rutland, VT 05701

Three apartments are occupied, while a fourth awaits completion.

Property SizeContact for details
Days on Market4

Property Features for 99 Center St

General Information

Standard status Active
Property subtype Investment

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Building Details

Year Built 1880
Units 4
Listing Agency: Westside Real Estate
Listed By: Owen T Loughan
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 10 at 8:23AM

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 Westside Real Estate

Investment Insights

Based on property information with market context.

Built in 1880, this four-unit multifamily property includes three occupied apartments and a fourth unit that is ready for completion. The building has updated electrical service throughout, with four separate electric meters supporting the individual units. A slate roof and public water and sewer add durable infrastructure to the property.

The property is located at 99 Center St in Rutland, near downtown, shopping, restaurants, schools, and public transportation. BikeScore and WalkScore are each 45, reflecting a somewhat bikeable, car-dependent setting. The unit configuration and unfinished fourth apartment provide a clear operational profile for an owner evaluating a small residential income property.

Key Highlights

  • Four‑unit multifamily property built in 1880
  • Three units are occupied; fourth unit is ready for completion
  • New electrical throughout with four separate electric meters

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Lease Details

4
Residential units
Yes
Utilities to site

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Three apartments are occupied, while a fourth awaits completion.
Where is this quadplex located?
The property is located at 99 Center St Rutland, VT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Four‑unit multifamily property built in 1880; Three units are occupied; fourth unit is ready for completion; New electrical throughout with four separate electric meters
More about this property
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