16 Campbell Road

Closed 4/1/19
Closed 4/1/19
Gallery Image 1
Gallery Image 2
Gallery Image 3
Gallery Image 4
Gallery Image 5
Gallery Image 6
Gallery Image 7
Gallery Image 8
Gallery Image 9
Gallery Image 10
Gallery Image 11
Sold
Last Sold Price
$1,568,650
34,120 sqft
16 Campbell Rd, Rutland, VT 05701
Multi FamilyProperty Type
2.47 acresLot Size
1988Year Built
$46/sq ftPrice per sq ft
21 carsParking Spaces

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.

    Sold By Coldwell Banker Watson Realty/Rutland

    • 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
    Get preapproved with Rocket Mortgage1

    Location

    Add your commute

    Payment Calculator

    Get preapproved with Rocket Mortgage1

    $13,602 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $8,106

    Property Taxes

    $5,496

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 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 for 16 Campbell Road

    DateEvent & SourcePriceAppreciation
    Apr 1, 2019

    Sold (Public Record)

    Public Record #642040830

    		$1,568,650

    -18.3% / yr

    Apr 1, 2019

    Sold

    New England Real Estate Network #4729292

    		$1,568,650—
    Mar 29, 2019

    Pending

    New England Real Estate Network #4729292

    		—
    DateEvent & SourcePrice
    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

    —

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

    Public Records for 16 Campbell Road

    Taxable ValueLand$80,800Additions$3,059,200Total$3,140,000
    Tax Record2025$60,517 ($5,043 / month)
    Home Facts
    Lot Size107,593 SqFtStyleMulti-Family Res (5+ Units)CountyRUTLANDAPN(170) 14087

    Schools near 16 Campbell Road

    This home is within Rutland City School District.
    Rating
    School
    Type
    Grades
    Distance
    Rutland Intermediate School
    		Public - 3 to 6
    Rutland Middle School
    		Public - 7 to 8
    Rutland Senior High School
    		Public - 9 to 12
    Rutland Northwest School
    		Public - PK to 2
    Rating
    School
    Distance
    Rutland Intermediate School
    Public3 to 6

    Rutland Middle School
    Public7 to 8

    Rutland Senior High School
    Public9 to 12

    Rutland Northwest School
    PublicPK to 2

    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.

    Similar Homes

    Explore Nearby Homes

    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 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 09/20/2026 08:49 PM