129 Curtis Avenue

Closed 1/27/25

Sold

Last Sold Price

$510,000

11 beds6 baths4,600 sqft

129 Curtis Ave, Rutland, VT 05701

Multi FamilyProperty Type

0.36 acresLot Size

1969Year Built

$111/sq ftPrice per sq ft

Description

Immaculate 6plex located a desirable quaint residential Rutland neighborhood. This rarely vacant building has 5x2br and 1x1br, a net operating income north of $60K, and is being listed at a ~11.5% cap rate based on current numbers. Units has been renovated and building has undergone weatherization resulting in lower-than-average annual heating bills. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers to...Immaculate 6plex located a desirable quaint residential Rutland neighborhood. This rarely vacant building has 5x2br and 1x1br, a net operating income north of $60K, and is being listed at a ~11.5% cap rate based on current numbers. Units has been renovated and building has undergone weatherization resulting in lower-than-average annual heating bills. A new owner can step into to this turnkey investment, projected to yield over a 17% cash on cash return starting year 1 based on current numbers to realize significant returns from cash-flow vs speculation. Rents can be brought to market to achieve close to 20% cash on cash return by year 2. One unit has been left open for showings or immediate owner occupancy, but the building has traditionally been 100% occupied. In addition to enjoying the tremendous cash flow, there is also significant upside to acquire a high quality stabilized 6plex ahead of the historic multibillion dollar development occurring nearby at Killington, which, combined with rapidly falling rates, is already resulting in organic property appreciation and increased interest in the area from investors. The property is available as a package with other buildings across VT for a buyer looking for a larger high cash flow turnkey multifamily portfolio. Listing Broker is a member of the LLC selling the property.

Sold By Cummings & Co

Listed by: Michael Gilman • 3GEN Real Estate Inc

Listing closed: 01/27/2025 12:00 AM • Source: New England Real Estate Network, MLS#: 5021984

Recent comparable sales

Median sold price

$449,000

Avg days on market

Sale-to-list ratio

95.8%

1/39

$461,500

Sold 01/27/26

12
Bedrooms: 6
Bathrooms: 6,390
Square Feet: 0.64
Acres

49 Terrill Street, Rutland, VT 05701

1/18

$440,000

Sold 03/21/25

7
Bedrooms: 6
Bathrooms: 3,869
Square Feet: 0.18
Acres

15 Woodstock Avenue, Rutland, VT 05701

1/58

$425,000

Sold 01/02/26

2
Bedrooms: 6
Bathrooms: 4,822
Square Feet: 0.2
Acres

43-45 Crescent Street, Rutland, VT 05701

1/23

$395,000

Sold 05/26/26

6
Bedrooms: 6
Bathrooms: 3,900
Square Feet: 0.06
Acres

44 Baxter Street, Rutland, VT 05701

1/31

$449,000

Sold 05/29/26

8
Bedrooms: 5
Bathrooms: 4,460
Square Feet: 0.24
Acres

2 Jackson Avenue, Rutland, VT 05701

1/33

$385,000

Sold 06/15/26

10
Bedrooms: 4
Bathrooms: 4,230
Square Feet: 0.24
Acres

25-27 Killington Avenue, Rutland, VT 05701

1/17

$455,000

Sold 04/14/25

6
Bedrooms: 6
Bathrooms: 2,834
Square Feet: 0.25
Acres

121 Park Avenue, Rutland, VT 05701

1/25

$464,000

Sold 12/05/25

7
Bedrooms: 7
Bathrooms: 3,590
Square Feet: 0.15
Acres

38 Cottage Street, Rutland, VT 05701

1/2

$480,000

Sold 05/19/25

Unavailable
Bedrooms: Unavailable
Bathrooms: 5,000
Square Feet: 0.26
Acres

14 Cottage Street, Rutland, VT 05701

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$3,355 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,723

Property Taxes

$633

HOA Dues

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Property Information for 129 Curtis Avenue

Property Details

Taxes: $7,592 / year
MLS Type: Multi Family
County: Rutland County
Zoning: MR-1

Building Information

Stories: 2
Residences: 6
Year Built: 1969
Lot Size: 0.36 AC / 15,681 SF

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Latitude: 43.593816000000999
Longitude: -72.957266000000004
Road Frontage: Yes
Seasonal: Unknown
State: VT
Street Designation: Avenue
Zip Code: 05701

Taxes and HOA Information

SPAN Number: 54017017866
Tax Year: 2023

Taxes TBD: No

Parking

Garage: No
Driveway: Paved

Property

Lot Information

Lot - Sqft: 15682.0
Lot Features: Sidewalks

Lot Size Acres: 0.36
Road Frontage Length: 100.0
Square Feet Apx Finished Above Grade: 4600.0
Square Feet Apx Finished AG Source: Appraiser
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Total: 4600.0
Square Feet Apx Total Finished: 4600.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished Below Grade: 0.0

Property and Assessments

Property Class: Multi-Family
Flood Zone: No

Foundation: Concrete
PreConstruction: No
Surveyed: Unknown
Year Built: 1969

Utilities

Electric: 100 Amp
Sewer: Public

Water Source: Public
Utilities: Cable
Internet: Internet - Cable

Interior and Exterior Features

Exterior Features

Construction Materials: Masonry, Wood Frame, Vinyl Siding
Roof: Shingle - Asphalt

Interior Features

Basement: No
Heating: Oil, Baseboard

Cooling: None
Total Stories: 2.5

Multi Family

Multi-Family Information

Total Units: 6
Total 1 BR Units: 1

Total 2 BR Units: 5
Total 3+ BR Units: 0

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 1

Unit 2

Unit 2 Baths: 1
Unit 2 Bedrooms: 2

Unit 3

Unit 3 Baths: 1
Unit 3 Bedrooms: 2

Unit 4

Unit 4 Baths: 1
Unit 4 Bedrooms: 2

Unit 5

Unit 5 Baths: 1
Unit 5 Bedrooms: 2

Unit 6

Unit 6 Baths: 1
Unit 6 Bedrooms: 2

Property History for 129 Curtis Avenue

Date	Event & Source	Price	Appreciation
Jan 27, 2025	Sold (Public Record) Public Record #1549846428	$510,000	—
Jan 27, 2025	Sold New England Real Estate Network #5021984	$510,000	—
Nov 26, 2024	Pending New England Real Estate Network #5021984		—
Nov 13, 2024	Listed (Active) New England Real Estate Network #5021984	$525,000	—
Jan 3, 2003	Sold New England Real Estate Network #3016949	$212,000	—
Oct 24, 2002	Pending New England Real Estate Network #3016949		—
Sep 13, 2002	Listed (Active) New England Real Estate Network #3016949	$212,000	—

Date	Event & Source	Price
01/27/2025	Sold (Public Record) Public Record #1549846428	$510,000
01/27/2025	Sold New England Real Estate Network #5021984	$510,000
11/26/2024	Pending New England Real Estate Network #5021984	—
11/13/2024	Listed (Active) New England Real Estate Network #5021984	$525,000
01/03/2003	Sold New England Real Estate Network #3016949	$212,000
10/24/2002	Pending New England Real Estate Network #3016949	—
09/13/2002	Listed (Active) New England Real Estate Network #3016949	$212,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 129 Curtis Avenue

Taxable ValueLand$74,600Additions$138,400Total$213,000

Tax Record2025$4,105 ($342 / month)

Home Facts

Lot Size15,682 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 17866

Schools near 129 Curtis Avenue

This home is within Rutland City School District.


Rating	School	Type	Grades	Distance
4/10	Rutland Intermediate School	Public - Serves this home	3 to 6	1.8 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	1.8 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.6 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	2.2 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.7 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	1.7 mi
NR	Fay Honey Knopp Memorial School	Private - Nearby school	9 to 12	1.0 mi
NR	Green Mountain Christian School	Private - Nearby school	6 to 9	0.9 mi
NR	Rutland Area Christian School	Private - Nearby school	PK to 12	1.9 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	1.8 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	1.8 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.6 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	2.2 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.7 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	1.7 mi
NR	Fay Honey Knopp Memorial School Private9 to 12 Nearby school	1.0 mi
NR	Green Mountain Christian School Private6 to 9 Nearby school	0.9 mi
NR	Rutland Area Christian School PrivatePK to 12 Nearby school	1.9 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 129 Curtis Avenue, Rutland, VT 05701	$510,000	11	6	4,600	15,681
1 Preston Park, Rutland, VT 05701	$31,000	–	–	–	–
3 Preston Park, Rutland, VT 05701	$25,000	–	–	–	–
131 Curtis Avenue, Rutland, VT 05701	$250,000	3	1	1,288	20,473
5 Preston Park, Rutland, VT 05701	$40,000	–	–	–	–
7 Preston Park, Rutland, VT 05701	$25,000	–	–	–	–
9 Preston Park, Rutland, VT 05701	$19,500	–	–	–	–
2 Preston Park, Rutland, VT 05701	$23,000	2	2	980	–
4 Preston Park, Rutland, VT 05701	$24,500	2	1	980	4,356
6 Preston Park, Rutland, VT 05701	–	–	–	–	–
8 Preston Park, Rutland, VT 05701	$25,000	–	–	–	–
128 Curtis Avenue, Rutland, VT 05701	$60,000	–	–	–	13,068
12 Preston Park, Rutland, VT 05701	$43,000	–	–	–	–
24 Haywood Avenue, Rutland, VT 05701	$261,800	2	2	1,997	16,117
125 Curtis Avenue, Rutland, VT 05701	–	–	–	–	15,246
132 Curtis Avenue, Rutland, VT 05701	–	–	–	–	13,068

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of 3GEN Real Estate Inc

Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/03/2026 06:04 PM

Rutland, VT

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