16 Campbell Road

Closed 4/1/19

Closed

Last Sold Price

$1,568,650

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32 baths34,120 sqft

16 Campbell Rd, Rutland, VT 05701

Description

Highland Meadows residential rental complex comprises two 16 unit buildings set on a hillside meadow overlooking Rutland City and the Green Mountains to the east. Well constructed and maintained with all municipal services. There are 30 two bedroom units and 2 one bedroom units. Permits include: Act 250 Permit #1RO535 dated June 12, 1985; VT Subdivision Permit EC-1-1473 dated May 3, 1994; VT Water/Wastewater Permit #WW-0013 dated June 22 ,1989 as amended; Public Water System Permit to Construct,...Highland Meadows residential rental complex comprises two 16 unit buildings set on a hillside meadow overlooking Rutland City and the Green Mountains to the east. Well constructed and maintained with all municipal services. There are 30 two bedroom units and 2 one bedroom units. Permits include: Act 250 Permit #1RO535 dated June 12, 1985; VT Subdivision Permit EC-1-1473 dated May 3, 1994; VT Water/Wastewater Permit #WW-0013 dated June 22 ,1989 as amended; Public Water System Permit to Construct, Project #E-1266, Pin #RU97-0291, WSID #20824 dated January 9, 2002. The income is Pro Forma as the property is being transitioned from student housing to residential rentals. See also ML#4729290 Commercial Sale.

Multi FamilyProperty Type

2.47 acresLot Size

1988Year Built

$46/sq ftPrice per sq ft

21 carsParking Spaces

Listed by: Jim Watson • Coldwell Banker Watson Realty/Rutland

Listing closed: 04/01/2019 12:00 AM

Source: New England Real Estate Network, MLS#: 4729292

Sold By Coldwell Banker Watson Realty/Rutland

Recent comparable sales

Median sold price

$245,000

Avg days on market

Sale-to-list ratio

96.6%

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Bedrooms: 23
Bathrooms: 2,000
Square Feet: 0.16
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Square Feet: 0.15
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148 Granger Street, Rutland, VT 05701

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Bedrooms: Unavailable
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Bathrooms: 1,760
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Bedrooms: Unavailable
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Location

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Property information

16 Campbell Road

Property Details

Taxes: $65,950 / year
MLS Type: Multi Family

County: Rutland County
Parking: On-Site, Parking Spaces 21+, Paved, Unassigned
Zoning: MR-2

Building Information

Stories: 2
Residences: 32

Year Built: 1988
Lot Size: 2.47 AC / 107,593 SF

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Directions: River St. west to end then left on Dorr Drive then right on Campbell Road. On the right at the top of the hill.
Latitude: 43.594033202491083
Longitude: -72.998220437820464
Road Frontage: No
Seasonal: No
State: VT
Street Designation: Road
Zip: 05701

Taxes and HOA Information

Tax Expenses: $65,950.00
SPAN Number: 540-170-14087

Tax - Gross Amount: $65,950.00
Tax Year: 2018
Taxes TBD: No

Parking

Garage: No
Driveway: Paved, Right-Of-Way (ROW)

Property

Lot Information

Lot - Sqft: 107593.0
Lot Size Acres: 2.47

Square Feet Apx Finished Above Grade: 34120.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Total: 34120.0
Square Feet Apx Total Finished: 34120.0
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: Poured Concrete
PreConstruction: No
ROW - Length: 300
ROW - Parcel Access: Yes
ROW - Width: 50.04
Surveyed: Yes
Year Built: 1988

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Total Electric Meters: 32

Interior and Exterior Features

Exterior Features

Roads: Paved, Public
Roof: Shingle - Asphalt

Interior Features

Basement: No
Total Full Baths: 32

Heat Fuel: Oil
Heating: Baseboard, Hot Water
Cooling: None
Total Stories: 2

Multi Family

Income & Expenses Information

Gross Income: $378,000.00
Expenses - Insurance: $8,000.00

Expenses - Heat: $27,000
Expense - Utility: $5,000
Expenses - Maintenance: $20,000
Expenses - Snow: $7,000
Expenses - Trash: $6,000.00
Expenses - Water: $11,250.00
Operating Expense Incl: Heat
Operating Expense: $153,200

Multi-Family Information

Total Units: 32
Total 1 BR Units: 2

Total 2 BR Units: 30
Total 3+ BR Units: 0

Property History

16 Campbell Road

Date	Event	Price
Apr 1, 2019	Sold (Public Record) Public Record #642040830	$1,568,650
Apr 1, 2019	Sold New England Real Estate Network #4729292	$1,568,650
Mar 29, 2019	Pending New England Real Estate Network #4729292	—
Dec 1, 2018	Listed (Active) New England Real Estate Network #4729292	$2,400,000
May 11, 2017	Sold (Public Record) Public Record #596238175	$2,300,000
Jan 1, 2017	Expired New England Real Estate Network #4500994	—
Jun 29, 2016	Listed (Active) New England Real Estate Network #4500994	$899,000
Jun 15, 2013	Listed (Active) New England Real Estate Network #4246877	$1,315,000
Oct 1, 2012	Listed (Active) New England Real Estate Network #4189437	$1,795,000
Jun 21, 2011	Listed (Active) New England Real Estate Network #4073135	$2,175,000
Nov 19, 2008	Listed (Active) New England Real Estate Network #3062383	$2,950,000

Date	Event	Price
04/01/2019	Sold (Public Record) Public Record #642040830	$1,568,650 -18.3% / yr
04/01/2019	Sold New England Real Estate Network #4729292	$1,568,650
03/29/2019	Pending New England Real Estate Network #4729292	—
12/01/2018	Listed (Active) New England Real Estate Network #4729292	$2,400,000
05/11/2017	Sold (Public Record) Public Record #596238175	$2,300,000
01/01/2017	Expired New England Real Estate Network #4500994	—
06/29/2016	Listed (Active) New England Real Estate Network #4500994	$899,000
06/15/2013	Listed (Active) New England Real Estate Network #4246877	$1,315,000
10/01/2012	Listed (Active) New England Real Estate Network #4189437	$1,795,000
06/21/2011	Listed (Active) New England Real Estate Network #4073135	$2,175,000
11/19/2008	Listed (Active) New England Real Estate Network #3062383	$2,950,000

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

Public records

16 Campbell Road

Lot Size

1,046,747 SqFt

Style

Miscellaneous Commercial

County

RUTLAND

APN

(170) 14086

Schools

Near 16 Campbell Road

This home is within Rutland City School District.

Rated 4 out of 104/10Rutland Intermediate SchoolPublic · 3-6 · 1.6 mi · Serves this home
Rated 4 out of 104/10Rutland Middle SchoolPublic · 7-8 · 1.5 mi · Serves this home
Rated 6 out of 106/10Rutland Senior High SchoolPublic · 9-12 · 2.7 mi · Serves this home
Not ratedNRRutland Northwest SchoolPublic · PK-2 · 1.3 mi · Choice school
Not ratedNRRutland Northeast Primary SchoolPublic · PK-2 · 2.4 mi · Choice school
Not ratedNRStafford Technical CenterPublic · 9-12 · 2.7 mi · Choice school
Not ratedNRMount St Joseph AcademyPrivate · 9-12 · 0.8 mi · Nearby school
Not ratedNRCreative Solutions SchoolPrivate · 8-12 · 1.1 mi · Nearby school
Not ratedNRSheldon Academy Of Vermont Achievement CenterPrivate · 1-12 · 1.0 mi · Nearby school

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: 16 Campbell Road, Rutland, VT 05701	$1,568,650	–	32	34,120	107,593
886 Campbell Road, Rutland Town, VT 05701	$105,000	3	1	1,040	27,442
50 Stoneridge Drive, Rutland, VT 05701	$465,000	4	3	2,170	13,939
46 Stoneridge Drive, Rutland, VT 05701	$318,000	2	2	2,000	14,374
20-20a Campbell Road, Rutland, VT 05736	$89,000	–	3	1,920	–
30 Campbell Road, Rutland, VT 05701	$179,000	4	2	2,500	80,150
956 Campbell Road, Rutland, VT 05701	–	3	2.5	2,874	43,124
798 Campbell Road, Rutland Town, VT 05701	$365,000	3	3	2,039	45,738
60 Stoneridge Drive, Rutland, VT 05701	$424,500	4	2	2,112	23,086
51 Stoneridge Drive, Rutland, VT 05701	$285,000	4	2	2,296	25,264
55 Stoneridge Drive, Rutland, VT 05701	$101,000	3	1	1,000	13,068
858 Campbell Road, Rutland, VT 05701	–	3	2	2,579	172,062
205 Dorr Drive, Rutland, VT 05701	$87,000	3	1	1,091	22,651
774 Campbell Road, Rutland, VT 05701	–	–	–	–	51,401
32 Campbell Road, Rutland, VT 05701	$269,000	3	2	1,664	79,279
175 Dorr Drive, Rutland, VT 05701	$35,000	6	2.5	3,000	38,333

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Listing Courtesy of Coldwell Banker Watson Realty/Rutland

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 11/13/2026 01:03 AM

16 Campbell Rd, Rutland, VT 05701

Rutland, VT

Property Details

Building Information

Summary

Location and General Information

Taxes and HOA Information

Parking

Property

Lot Information

Property and Assessments

Utilities

Interior and Exterior Features

Exterior Features

Interior Features

Multi Family

Income & Expenses Information

Multi-Family Information

Lot Size

Style

County

APN

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