RUTLAND CITY: Excellent investment opportunity! This income producing 4-unit multifamily offers immediate cash flow with tremendous value-add potential. Three units are currently occupied with a long history of reliable tenancy, while the fourth unit is ready for completion, providing an excellent opportunity to increase rental income. Current rents are well below market, offering significant upside for investors. The property features new electrical throughout the building, four separate electric meters, a durable slate roof in excellent condition, and public water and sewer. Conveniently located near downtown Rutland, shopping, restaurants, schools, and public transportation, this is an outstanding opportunity to add a well-positioned property to your portfolio.
Active under contract
Listed by: Westside Real Estate • Owen T Loughan
$320,000
99 Center Street, Rutland City, VT 05701
6beds
3,720sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
- 43 days
- 147
- 3
Zillow last checked:
Listing updated:
Listed by:
Owen T Loughan,
Westside Real Estate 802-438-5341
Source: PrimeMLS,MLS#: 5103041
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- Wall Unit(s)
Features
- Flooring: Carpet, Combination, Hardwood
- Basement: Bulkhead,Crawl Space,Interior Entry
Interior area
- Total structure area: 5,616
- Total interior livable area: 3,720 sqft
- Finished area above ground: 3,720
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Gravel, Paved, On Site
- Garage spaces: 1
Features
- Levels: Two
- Frontage length: Road frontage: 68
Lot
- Size: 6,970 Square Feet
- Features: City Lot, Sidewalks, Street Lights, Near Country Club, Near Shopping, Near Skiing, Near Public Transit, Near Hospital
Details
- Parcel number: 54017015030
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Aluminum Siding, Clapboard Exterior
- Foundation: Concrete, Stone
- Roof: Asphalt Shingle,Slate
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Other
Community & HOA
Location
- Region: Rutland
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $185,300
- Date on market: 8/3/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $320,000+113.3%$86/sqft |
Source:  PrimeMLS #5103041 Report a problem | ||
| 11/27/1991 | Sold | $150,000$40/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $185,300 |
| 2023 | -- | $185,300 |
| 2022 | -- | $185,300 |
| 2021 | -- | $185,300 |
| 2020 | -- | $185,300 |
| 2019 | -- | $185,300 |
| 2018 | -- | $185,300 |
| 2017 | -- | $185,300 |
| 2016 | -- | $185,300 +9900% |
| 2015 | -- | $1,853 |
| 2014 | -- | $1,853 |
| 2013 | -- | $1,853 |
| 2012 | -- | $1,853 |
| 2011 | -- | $1,853 |
| 2010 | -- | $1,853 |
| 2009 | -- | $1,853 |
| 2008 | -- | $1,853 |
| 2007 | -- | $1,853 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Rutland City
Nearby schools
Schools provided by the listing agent
- Elementary: Rutland Northeast Primary Sch
- Middle: Rutland Middle School
- High: Rutland Senior High School
- District: Rutland City School District
Source: PrimeMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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