38 Washington Street

Closed 1/7/22
Closed 1/7/22
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Last Sold Price
$600,000
8 beds4,360 sqft$138/sqft
38 Washington St, Rutland, VT 05701

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.
LISTING CLOSED: 01/07/2022 12:00 AM

  1. Listed by Betsy Franzoni • Franzoni Real Estate Company

Sold By TPW Real Estate

Property Details for 38 Washington Street

Status
Closed
MLS #
4857658
Days on Market
184
Taxes
$10,160 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Multi Family
Year Built
1900
Lot Size
0.67 AC / 29,185 SF
County
Rutland County
Zoning
Court House District

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

43 Summer Street, Rutland, VT 05701

$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

2 Jackson Avenue, Rutland, VT 05701

$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

38 Cottage Street, Rutland, VT 05701

$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

48 Forest Street, Rutland, VT 05701

$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

15 Woodstock Avenue, Rutland, VT 05701

$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

190 Crescent Street, Rutland, VT 05701

$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

129 Curtis Avenue, Rutland, VT 05701

$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

14 Cottage Street, Rutland, VT 05701

$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

55 Prospect Street, Rutland, VT 05701

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Location

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Building Information for 38 Washington Street

Stories2Residences11Year Built1900Building Size-Lot Size0.67 AC / 29,185 SF

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$3,896 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,050

Property Taxes

$847

HOA Dues

$0

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Property Information for 38 Washington Street

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
Rutland Intermediate School
Public - 3 to 6
Rutland Middle School
Public - 7 to 8
Rutland Senior High School
Public - 9 to 12
Stafford Technical Center
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
40 Washington Street, Rutland, VT 05701
–
–
–
–
13,939
36 Washington Street, Rutland, VT 05701
–
–
–
–
29,185
41 Washington Street, Rutland, VT 05701
$285,000
5
2,274
9,147
39 Washington Street, Rutland, VT 05701
–
–
–
–
21,344
43 Washington Street, Rutland, VT 05701
–
–
–
–
31,363

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 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 08/21/2026 01:38 AM