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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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120 Maple St , Rutland City, VT 05701
$450,000
Est. Payment: $1,000.00/mo
0 Bed
0 Bath
3600 Sqft
Status: Active Under Contract | Days on site: 62
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6699 - 622530
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House Description

Discover a true unicorn investment property in the heart of Rutland! 120 Maple Street has been completely re-imagined and rebuilt from the studs up, delivering a turn-key, worry-free opportunity for investors and owner-occupants alike. This fully renovated five-unit property features four spacious 2-bedroom apartments and one 1-bedroom apartment, each designed with modern finishes, abundant natural light, and thoughtfully upgraded layouts. Every aspect of the building is brand new, including all mechanicals, electrical, plumbing, heating systems, and interiors, ensuring long-term durability and low operating costs for years to come. Three of the five units have rent restrictions tied to HUD Fair Market Rent Rates for 5 years, due to grant funds received to renovate the property. Located in a strong rental market with high demand for quality housing, this property offers a rare blend of stability and upside.

Highlights

Listed by Andy Paluch , 802-772-5052 Longview Commercial Real Estate , 802-772-5052.

Property Type

Multi-Family

Lot/Acreage
0.22

Year Built

1860

County

Rutland

Listing ID

5062592

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Floor:Vinyl Plank
Above Ground Sq Ft:3600
Basement:Yes,Bulkhead,Gravel,Insulated

Exterior Features

Lot:Existing
Zoning:MR-1
Roof:Asphalt Shingle,Slate
Sewer:Public
Parking Features:Off Street
Principal Interest
$1,000
Taxes
$287

Home Price

$450,000

Loan Details

30 yrs
%

Down Payment

20%
$90,000
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Monthly Price:
$1,000.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,000.00 $286.88 $0.00 $1,286.88
Yearly $12,000.00 $3,442.50 $0.00 $15,442.50
Total $360,000.00 $103,275.00 $0.00 $463,275.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Rutland City, VT).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.