40 Water St

Rutland, VT 05701

$40,000
Price
3
Beds
1,297 Sq. Ft.
$31 / Sq. Ft.
1,297
Sq. Ft.
$31
per Sq. Ft.
Under Contract
Under Contract

Description

Discover the potential in this 3-bedroom, 1-bath home situated on a .37-acre lot. Ideal for investors, flippers, or buyers ready to renovate, this property offers solid bones and a blank canvas for customization. The lot provides space for outdoor living, storage, or future expansion. With some vision and updates, this fixer-upper could become a fulfilling project and a standout opportunity in a convenient location. Property sold as-is. Cash sale only.Discover the potential in this 3-bedroom, 1-bath home situated on a .37-acre lot. Ideal for investors, flippers, or buyers ready to renovate, this property offers solid bones and a blank canvas for customization. The lot provides space for outdoor living, storage, or future expansion. With some vision and updates, this fixer-upper could become a fulfilling project and a standout opportunity in a convenient location. Property sold as-is. Cash sale only.
  1. Listed by Claire Thompson • Real Broker LLC

Property Details for 40 Water Street

Zoning
Residential
LISTING UPDATED: 01/20/2026 03:27 PM

Property Details for 40 Water Street

StatusUnder Contract
MLS #5074287
Days on Market3
Taxes$1,342 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1956
Lot Size0.37 AC / 16,117 SF
CountyRutland County

Location

Listing Courtesy of Real Broker LLC
Add your commute

Building Information for 40 Water Street

Stories1Year Built1956Building Size-Lot Size0.37 AC / 16,117 SF

Payment Calculator

$307 per month

30 year fixed, 6.15% Interest

Principal and Interest

$195

Property Taxes

$112

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 40 Water Street

Summary
Location and General Information
  • City: Rutland City
  • County: VT-Rutland
  • Latitude: 43.609542999999981
  • Longitude: -72.988966186508179
  • Road Frontage: TBD
  • Seasonal: No
  • State: VT
  • Street Designation: Street
  • Zip Code: 05701
Taxes and HOA Information
  • SPAN Number: 540-170-12869
  • Tax Year: 2026
  • Taxes TBD: No
Parking
  • Garage: No
  • Driveway: Gravel
Property
Lot Information
  • Lot Features: Level
  • Lot Size Acres: 0.37
Property and Assessments
  • Property Class: Residential
  • Property Type: Single Family
  • Construction Status: Existing
  • Flood Zone: No
  • PreConstruction: No
  • Surveyed: Unknown
  • Year Built: 1956
Utilities
  • Electric: 100 Amp Service
  • Sewer: Public
  • Water Source: Public
  • Utilities: Cable Available, Propane, Telephone Available
  • Internet: Fiber Optic Internt Avail, High Speed Intrnt Avail
Interior and Exterior Features
Exterior Features
  • Color: yellow
  • Construction Materials: Wood Frame
  • Roof: Rolled
Interior Features
  • Appliances: Freezer, Refrigerator, Gas Stove, Water Heater
  • Basement: No
  • Flooring: Carpet, Hardwood, Laminate
  • Heating: Propane
  • Cooling: Mini Split
  • Total Stories: 1

Property History for 40 Water Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Pending

New England Real Estate Network #5074287

—
Jan 17, 2026

Listed (Active)

New England Real Estate Network #5074287

$40,000—
DateEvent & SourcePrice
01/20/2026

Pending

New England Real Estate Network #5074287

—
01/17/2026

Listed (Active)

New England Real Estate Network #5074287

$40,000

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

Public Records for 40 Water Street

Taxable ValueLand$26,400Additions$9,300Total$35,700
Home Facts
Lot Size14,810 SqFtStyleMobile / Manufactured HomeCountyRUTLANDAPN(170) 12869

Schools near 40 Water 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
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.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Broker LLC

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 01/24/2026 09:58 PM