41 Washington St
Rutland, VT 05701

$285,000

Last Sold Price

Beds

Baths

2,274 Sq. Ft.

$125 / Sq. Ft.

2,274

Sq. Ft.

$125

per Sq. Ft.

Get preapproved with Rocket Mortgage¹

Closed 10/2/23

41 Washington Street Rutland, VT 05701 - Photo 1 of 22

Description

Here is a great investment opportunity conveniently located within very close walking distance to Downtown Rutland, which offers just about anything you may need, this will be a very attractive location to tenants. The building consists of 3 one-bedroom units and 1 two-bedroom unit. The property currently has a cap rate of just over 8%, but rents that are well below market so this number could easily be increased overtime. Don't miss your chance to start or build your investment portfolio!Here is a great investment opportunity conveniently located within very close walking distance to Downtown Rutland, which offers just about anything you may need, this will be a very attractive location to tenants. The building consists of 3 one-bedroom units and 1 two-bedroom unit. The property currently has a cap rate of just over 8%, but rents that are well below market so this number could easily be increased overtime. Don't miss your chance to start or build your investment portfolio!

Listed by Hughes Group Team • Casella Real Estate

Sold By KW Vermont-Killington

Property Details for 41 Washington Street

Parking

Off Street

Zoning

unknown

LISTING CLOSED: 10/02/2023 12:00 AM

Property Details for 41 Washington Street

Status	Closed
MLS #	4965222
Days on Market	12
Taxes	$5,545 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Multi Family
MLS Type	Multi Family
Year Built	1900
Lot Size	0.21 AC / 9,147 SF
County	Rutland County

Get preapproved with Rocket Mortgage¹

Location

Add your commute

Building Information for 41 Washington Street

Stories1Residences4Year Built1900Building Size-Lot Size0.21 AC / 9,147 SF

Payment Calculator

Get preapproved with Rocket Mortgage¹

$1,911 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,449

Property Taxes

$462

HOA Dues

The Payment Calculator is for illustrative purposes only.

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

Property Information for 41 Washington Street

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Latitude: 43.605838999999996
Longitude: -72.976912915344244
Road Frontage: TBD
Seasonal: No
State: VT
Street Designation: Street
Zip Code: 05701

Taxes and HOA Information

SPAN Number: 540-170-17438
Tax - Gross Amount: $5,544.68

Tax Year: 2023
Taxes TBD: No

Parking

Garage: No
Driveway: Gravel

Property

Lot Information

Lot - Sqft: 9148.0
Lot Size Acres: 0.21

Square Feet Apx Finished Above Grade: 2274.0
Square Feet Apx Finished AG Source: Public Records
Square Feet Apx Finished Below Grade: 0.0
Square Feet Apx Finished BG Source: Other
Square Feet Apx Total: 4116.0
Square Feet Apx Total Finished: 2274.0
Square Feet Apx Unfinished Above Grade: 0.0
Square Feet Apx Unfinished AG Source: Other
Square Feet Apx Unfinished Below Grade: 1842.0
Square Feet Apx Unfinished BG Source: Public Records

Property and Assessments

Property Class: Multi-Family
Construction Status: Existing

Flood Zone: Unknown
Foundation: Stone
PreConstruction: No
Surveyed: Unknown
Year Built: 1900

Utilities

Electric: Circuit Breaker(s)
Sewer: Public

Utilities: High Speed Intrnt -Avail, Telephone Available

Interior and Exterior Features

Exterior Features

Roads: Paved, Public
Roof: Metal, Slate

Interior Features

Basement: Yes
Basement Access Type: Walk-up

Basement Description: Full, Unfinished
Total Full Baths: 4
Heat Fuel: Gas - LP/Bottle
Heating: Wall Units
Cooling: None
Total Refrigerators: 4
Total Stories: 1.5
Total Water Heaters: 4

Multi Family

Income & Expenses Information

Gross Income: $40,620.00
Net Income: $23,858.98

Operating Expense Incl: Heat, Insurance, Snow Removal, Trash, Water/Sewer
Operating Expense: $11,216

Multi-Family Information

Total Units: 4
Total 1 BR Units: 3

Total 2 BR Units: 1
Total 3+ BR Units: 0

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 1

Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1
Unit 1 Rental Amt Freq: Monthly
Unit 1 Rooms: 4
Unit 1 Rental Amount: $830.00
Unit 1 Tenant Pays: Electric
Unit 1 Info: Appliances Included

Unit 2

Unit 2 Lease Term: Annual
Unit 2 Baths: 1

Unit 2 Rooms: 3
Unit 2 Level Number: 2
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 1
Unit 2 Rental Amount: $800.00
Unit 2 Info: Appliances Included
Unit 2 Tenant Pays: Electric

Unit 3

Unit 3 Lease Term: Month to Month
Unit 3 Baths: 1

Unit 3 Rooms: 3
Unit 3 Level Number: 1
Unit 3 Rental Amt Freq: Monthly
Unit 3 Bedrooms: 1
Unit 3 Rental Amount: $800.00
Unit 3 Info: Appliances Included
Unit 3 Tenant Pays: Electric

Unit 4

Unit 4 Lease Term: Month to Month
Unit 4 Rental Amt Freq: Annually

Unit 4 Rooms: 4
Unit 4 Baths: 1
Unit 4 Bedrooms: 2
Unit 4 Rental Amount: $955.00
Unit 4 Info: Appliances Included
Unit 4 Tenant Pays: Electric

Property History for 41 Washington Street

Date	Event & Source	Price	Appreciation
Oct 2, 2023	Sold (Public Record) Public Record #1526044085	$285,000	+23.0% / yr
Oct 2, 2023	Sold New England Real Estate Network #4965222	$285,000	—
Aug 23, 2023	Pending New England Real Estate Network #4965222		—
Aug 11, 2023	Listed (Active) New England Real Estate Network #4965222	$299,000	—
Sep 30, 2020	Sold (Public Record) Public Record #678753147	$153,000	—
Sep 30, 2020	Sold New England Real Estate Network #4818555	$153,000	—
Sep 25, 2020	Pending New England Real Estate Network #4818555		—
Jul 22, 2020	Listed (Active) New England Real Estate Network #4818555	$159,500	—
Jan 6, 2009	Listed (Active) New England Real Estate Network #3063450	$175,000	—
Mar 3, 2008	Listed (Active) New England Real Estate Network #3051790	$189,900	—
Dec 29, 2006	Listed (Active) New England Real Estate Network #3035215	$197,500	—

Date	Event & Source	Price
10/02/2023	Sold (Public Record) Public Record #1526044085	$285,000 +23.0% / yr
10/02/2023	Sold New England Real Estate Network #4965222	$285,000
08/23/2023	Pending New England Real Estate Network #4965222	—
08/11/2023	Listed (Active) New England Real Estate Network #4965222	$299,000
09/30/2020	Sold (Public Record) Public Record #678753147	$153,000
09/30/2020	Sold New England Real Estate Network #4818555	$153,000
09/25/2020	Pending New England Real Estate Network #4818555	—
07/22/2020	Listed (Active) New England Real Estate Network #4818555	$159,500
01/06/2009	Listed (Active) New England Real Estate Network #3063450	$175,000
03/03/2008	Listed (Active) New England Real Estate Network #3051790	$189,900
12/29/2006	Listed (Active) New England Real Estate Network #3035215	$197,500

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

Public Records for 41 Washington Street

Taxable ValueLand$35,700Additions$100,000Total$135,700

Home Facts

Beds0Lot Size9,148 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 17438

Schools near 41 Washington Street

This home is within Rutland City School District.


Rating	School	Type	Grades	Distance
4/10	Rutland Intermediate School	Public - Serves this home	3 to 6	0.5 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.5 mi
8/10	Rutland Senior High School	Public - Serves this home	9 to 12	1.4 mi
NR	Stafford Technical Center	Public - Choice school	9 to 12	1.4 mi
NR	Rutland Northeast Primary School	Public - Choice school	PK to 2	1.1 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	0.9 mi
NR	Fay Honey Knopp Memorial School	Private - Nearby school	9 to 12	0.7 mi
NR	Sheldon Academy Of Vermont Achievement Center	Private - Nearby school	3 to 12	0.8 mi
NR	Rutland Area Christian School	Private - Nearby school	PK to 12	0.8 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.5 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.5 mi
8/10	Rutland Senior High School Public9 to 12 Serves this home	1.4 mi
NR	Stafford Technical Center Public9 to 12 Choice school	1.4 mi
NR	Rutland Northeast Primary School PublicPK to 2 Choice school	1.1 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	0.9 mi
NR	Fay Honey Knopp Memorial School Private9 to 12 Nearby school	0.7 mi
NR	Sheldon Academy Of Vermont Achievement Center Private3 to 12 Nearby school	0.8 mi
NR	Rutland Area Christian School PrivatePK to 12 Nearby school	0.8 mi

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

New listings in 05701

1/44

$1,299,000

4
Bedrooms: 4
Bathrooms: 4,160
Square Feet: 0.77
Acres

475 Brookwood, Rutland, VT 05701

$699,000 | 5610 Vt Route 4, Rutland, VT 05701

1/40

Active Under Contract

$699,000

3
Bedrooms: 2
Bathrooms: 2,088
Square Feet: 7.1
Acres

5610 Vt Route 4, Rutland, VT 05701

1/19

$101,899

3
Bedrooms: 2
Bathrooms: 911
Square Feet: Unavailable
Acres

29 Billings Avenue, Rutland, VT 05701

1/13

$569,500

Unavailable
Bedrooms: 5
Bathrooms: 4,329
Square Feet: 0.15
Acres

107 Franklin Street, Rutland, VT 05701

1/38

$450,000

Unavailable
Bedrooms: 5
Bathrooms: 3,600
Square Feet: 0.22
Acres

120 Maple Street, Rutland, VT 05701

$995,000 | 70 North Main Street, Rutland, VT 05701

1/45

Virtual Tour

$995,000

10
Bedrooms: 11
Bathrooms: 5,970
Square Feet: 0.55
Acres

70 North Main Street, Rutland, VT 05701

$469,000 | 249 West Ridge Terrace, Rutland Town, VT 05701

1/60

Active Under Contract

$469,000

3
Bedrooms: 4
Bathrooms: 2,955
Square Feet: 0.72
Acres

249 West Ridge Terrace, Rutland Town, VT 05701

1/31

$310,000

4
Bedrooms: 3
Bathrooms: 2,500
Square Feet: 0.13
Acres

48 Kendall Avenue, Rutland, VT 05701

1/16

$59,900

2
Bedrooms: 2
Bathrooms: 1,008
Square Feet: Unavailable
Acres

1 Prestons Park, Rutland, VT 05701

Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
43 Washington Street, Rutland, VT 05701	–	–	–	–	31,363
39 Washington Street, Rutland, VT 05701	–	–	–	–	21,344
38 Washington Street, Rutland, VT 05701	$600,000	8	8	4,360	29,185
40 Washington Street, Rutland, VT 05701	–	–	–	–	13,939
35 Washington Street, Rutland, VT 05701	–	–	–	–	3,920
73 Wales Street, Rutland, VT 05701	–	–	–	–	11,761
36 Washington Street, Rutland, VT 05701	–	–	–	–	29,185
67 Wales Street, Rutland, VT 05701	$22,000	–	–	–	3,049
51 Washington Street, Rutland, VT 05701	–	–	–	–	14,810
78 Center Street, Rutland, VT 05701	–	–	–	–	51,401
60 Center Street, Rutland, VT 05701	$299,900	–	–	–	8,712
52 Center Street, Rutland, VT 05701	–	–	–	–	3,485
103 Wales Street, Rutland, VT 05701	–	–	–	–	5,663
56 Center Street, Rutland, VT 05701	–	–	–	–	6,970
50 Center Street, Rutland, VT 05701	–	–	–	–	2,178

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 Casella Real Estate

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 07/31/2026 08:29 AM

41 Washington StRutland, VT 05701

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

Explore Nearby Homes

Homes in Nearby Rutland Neighborhoods

Homes in Nearby Rutland Cities

Homes in Nearby Rutland Zip Codes

41 Washington St
Rutland, VT 05701