Sold
Last Sold Price
8 beds4,360 sqft$138/sqft
38 Washington St, Rutland, VT 05701
Multi FamilyProperty Type
0.67 acresLot Size
1900Year Built
$138/sq ftPrice per sq ft

Description

Pride of ownership! Beautiful Federal building transformed and updated into a 6 unit apartment building and also a well maintained 4 unit house and a single family brick ranch. In the downtown are close to all amenities and skiing, golf and the lakes region.Pride of ownership! Beautiful Federal building transformed and updated into a 6 unit apartment building and also a well maintained 4 unit house and a single family brick ranch. In the downtown are close to all amenities and skiing, golf and the lakes region.

    Sold By TPW Real Estate

    • Listed by: Betsy Franzoni • Franzoni Real Estate Company
    Listing closed: 01/07/2022 12:00 AM • Source: New England Real Estate Network, MLS#: 4857658

    Recent comparable sales

    Median sold price

    $440,000

    Avg days on market

    36

    Sale-to-list ratio

    94.5%

    Rutland, VT

    9 comparable properties found

    $360,000 | 43 Summer Street, Rutland, VT 05701
    1/26
    1

    $360,000

    Sold 05/15/26

    8
    Bedrooms
    8
    Bathrooms
    3,896
    Square Feet
    0.11
    Acres
    $449,000 | 2 Jackson Avenue, Rutland, VT 05701
    1/31
    2

    $449,000

    Sold 05/29/26

    8
    Bedrooms
    4,460
    Square Feet
    0.24
    Acres
    $464,000 | 38 Cottage Street, Rutland, VT 05701
    1/25
    3

    $464,000

    Sold 12/05/25

    7
    Bedrooms
    7
    Bathrooms
    3,590
    Square Feet
    0.15
    Acres
    $322,000 | 48 Forest Street, Rutland, VT 05701
    1/19
    4

    $322,000

    Sold 12/31/25

    8
    Bedrooms
    4
    Bathrooms
    4,032
    Square Feet
    0.07
    Acres
    $440,000 | 15 Woodstock Avenue, Rutland, VT 05701
    1/18
    5

    $440,000

    Sold 03/21/25

    7
    Bedrooms
    3,869
    Square Feet
    0.18
    Acres
    $304,000 | 190 Crescent Street, Rutland, VT 05701
    1/23
    6

    $304,000

    Sold 10/21/24

    8
    Bedrooms
    3,054
    Square Feet
    0.29
    Acres
    $510,000 | 129 Curtis Avenue, Rutland, VT 05701
    1/23
    7

    $510,000

    Sold 01/27/25

    11
    Bedrooms
    6
    Bathrooms
    4,600
    Square Feet
    0.36
    Acres
    $480,000 | 14 Cottage Street, Rutland, VT 05701
    1/2
    8

    $480,000

    Sold 05/19/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    5,000
    Square Feet
    0.26
    Acres
    $350,000 | 55 Prospect Street, Rutland, VT 05701
    1/41
    9

    $350,000

    Sold 11/15/24

    9
    Bedrooms
    3,591
    Square Feet
    0.21
    Acres

    Location

    Add your commute

    Payment Calculator

    $3,947 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $3,101

    Property Taxes

    $847

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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    Property Information for 38 Washington Street

    Property Details
    • Taxes: $10,160 / year
    • MLS Type: Multi Family
    • Zoning: Court House District
    Building Information
    • Stories: 2
    • Residences: 11
    • Year Built: 1900
    • Lot Size: 0.67 AC / 29,185 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Latitude: 43.605280779333022
    • Longitude: -72.976199863754289
    • Road Frontage: Yes
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip: 05701
    Taxes and HOA Information
    • SPAN Number: 540-170-11914
    • Tax - Gross Amount: $10,160.24
    • Tax Year: 2021
    • Taxes TBD: No
    School Information
    • School - District: Rutland Central
    Parking
    • Garage: No
    • Driveway: Paved
    Property
    Lot Information
    • Lot - Sqft: 29185.0
    • Lot Size Acres: 0.67
    • Road Frontage Length: 336.0
    • Square Feet Apx Finished Above Grade: 4360.0
    • Square Feet Apx Finished AG Source: Public Records
    • Square Feet Apx Finished Below Grade: 0.0
    • Square Feet Apx Finished BG Source: Public Records
    • Square Feet Apx Total: 7072.0
    • Square Feet Apx Total Finished: 4360.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished AG Source: Public Records
    • Square Feet Apx Unfinished Below Grade: 2712.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Brick, Concrete, Stone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1900
    Utilities
    • Electric: Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Cable - Available, Telephone Available
    Interior and Exterior Features
    Exterior Features
    • Color: grey
    • Roads: Public
    • Roof: Other, Shingle - Asphalt
    • Total Ranges: 11
    Interior Features
    • Basement: Yes
    • Basement Access Type: Walkout
    • Basement Description: Full
    • Total Full Baths: 11
    • Heat Fuel: Oil
    • Heating: Steam
    • Cooling: None
    • Total Refrigerators: 11
    • Total Stories: 2.5
    • Total Water Heaters: 2
    Multi Family
    Income & Expenses Information
    • Gross Income: $90,900.00
    • Net Income: $66,639.00
    • Operating Expense Incl: Heat, Insurance, Maintenance, Other, Trash
    • Operating Expense: $24,262
    Multi-Family Information
    • Total Units: 11
    • Total 1 BR Units: 11
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 0
    • Total Heat Units: 2
    Unit Information
    Unit 1
    • Unit 1 Baths: 1
    • Unit 1 Bedrooms: 1
    • Unit 1 Rental Amt Freq: Monthly
    • Unit 1 Status: Month to Month
    • Unit 1 Rental Amount: $750.00
    • Unit 1 Tenant Pays: Electric
    Unit 2
    • Unit 2 Baths: 1
    • Unit 2 Rental Agremnt: No
    • Unit 2 Status: Vacant
    • Unit 2 Rental Amt Freq: Monthly
    • Unit 2 Bedrooms: 1
    • Unit 2 Rental Amount: $800.00
    • Unit 2 Tenant Pays: Electric
    Unit 3
    • Unit 3 Lease Term: Month to Month
    • Unit 3 Baths: 1
    • Unit 3 Rental Amt Freq: Monthly
    • Unit 3 Bedrooms: 1
    • Unit 3 Rental Amount: $850.00
    • Unit 3 Tenant Pays: Electric
    Unit 4
    • Unit 4 Lease Term: Month to Month
    • Unit 4 Rental Amt Freq: Monthly
    • Unit 4 Baths: 1
    • Unit 4 Bedrooms: 1
    • Unit 4 Rental Amount: $600.00
    Unit 5
    • Unit 5 Rental Amt Freq: Monthly
    • Unit 5 Baths: 1
    • Unit 5 Bedrooms: 1
    • Unit 5 Lease Term: Month to Month
    • Unit 5 Rental Amount: $800.00
    • Unit 5 Tenant Pays: Electric
    Unit 6
    • Unit 6 Lease Term: Month to Month
    • Unit 6 Baths: 1
    • Unit 6 Bedrooms: 1
    • Unit 6 Rental Amt Freq: Monthly
    • Unit 6 Rental Amount: $625.00
    Unit 7
    • Unit 7 Bedrooms: 1
    • Unit 7 Baths: 1
    • Unit 7 Lease Term: Month to Month
    • Unit 7 Rental Amt Freq: Monthly
    • Unit 7 Rental Amount: $600.00
    • Unit 7 Tenant Pays: Electric
    Unit 8
    • Unit 8 Baths: 1
    • Unit 8 Rental Amount: $650.00
    • Unit 8 Lease Term: Month to Month
    • Unit 8 Rental Amt Freq: Monthly
    • Unit 8 Bedrooms: 1
    • Unit 8 Tenant Pays: Electric

    Property History for 38 Washington Street

    DateEvent & SourcePriceAppreciation
    Jan 7, 2022

    Sold

    New England Real Estate Network #4857658

    $600,000
    Jan 5, 2022

    Pending

    New England Real Estate Network #4857658

    Oct 28, 2021

    Active Under Contract

    New England Real Estate Network #4857658

    DateEvent & SourcePrice
    01/07/2022

    Sold

    New England Real Estate Network #4857658

    $600,000
    01/05/2022

    Pending

    New England Real Estate Network #4857658

    10/28/2021

    Active Under Contract

    New England Real Estate Network #4857658

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

    Schools near 38 Washington Street

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

    Rutland Middle School
    Public7 to 8

    Rutland Senior High School
    Public9 to 12

    Stafford Technical Center
    Public9 to 12

    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

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 38 Washington Street, Rutland, VT 05701
    $600,000
    8
    4,360
    29,185
    13,939
    29,185
    $285,000
    5
    2,274
    9,147
    21,344
    31,363

    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 Franzoni Real Estate Company

    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 09/10/2026 02:55 PM