75 North Street

$280,000

4 beds3 baths2,336 sqft$120/sqft

75 North St, Rutland, VT 05701

Est: $1,919/moGet pre-approved

Description

Prime Income Property: 3-Unit Asset in Rutland City! Looking for a lucrative 3-unit multi-family property in Rutland City? This well-maintained investment at 75 North St has featured consistent capital improvements since 2022 and is fully ready for its next owner. Unit Breakdown & Property Highlights Unit 1 (Ground Floor): Spacious 2-bedroom, 1-bath layout featuring generous living space and a private deck. Units 2 & 3 (Second Floor): Two independent 1-bedroom, 1-bath units, each featuring its own...Prime Income Property: 3-Unit Asset in Rutland City! Looking for a lucrative 3-unit multi-family property in Rutland City? This well-maintained investment at 75 North St has featured consistent capital improvements since 2022 and is fully ready for its next owner. Unit Breakdown & Property Highlights Unit 1 (Ground Floor): Spacious 2-bedroom, 1-bath layout featuring generous living space and a private deck. Units 2 & 3 (Second Floor): Two independent 1-bedroom, 1-bath units, each featuring its own private entrance. Parking & Storage: Ample off-street parking plus a detached 2-car garage (currently utilized by tenants for storage). Location: Prime rental market close to schools, parks, and downtown Rutland. Occupancy: Flawless, steady occupancy history offering long-term stability. Recent Updates (75 North St) 2022: New furnace installed, along with electrical and minor plumbing updates. 2023: Additional targeted electrical upgrades completed. 2024: Brand-new communal laundry room built out for tenant convenience. 2025: Professional tree removal completed on the grounds. Utilities: Serviced by three separate hot water heaters (one propane, two oil). Financials & Investor Upside Current Returns: Producing a strong 6.8% CAP rate at the current offering price. Immediate Value: Rents are currently priced below market, giving you built-in rental upside from day one. Future Optimization: Property is move-in ready, or you can unlock massive value by using state grant money to upgrade the two 1-bedroom units. Don't miss this opportunity to add a stable, highly updated multi-family asset to your portfolio!

LISTING UPDATED: 08/19/2026 11:50 AM

Listed by KC Gandee • Real Broker LLC

Property Details for 75 North Street

Status

Active

MLS #

5103767

Days on Market

Taxes

$5,952 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi Family

Year Built

1900

Lot Size

0.25 AC / 10,890 SF

County

Rutland County

Zoning

RESD 1

Location

Listing Courtesy of Real Broker LLC

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Building Information for 75 North Street

Stories2Residences3Year Built1900Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

Get preapproved with Rocket Mortgage¹

$1,919 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,423

Property Taxes

$496

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 75 North Street

Summary

Location and General Information

City: Rutland City
County: VT-Rutland

Directions: GPS is accurate to this address. There is no driveway available on North St, but parking is available by the garage on Pearl St.
Latitude: 43.617737999999996
Longitude: -72.981772000000021
Road Frontage: Yes
Seasonal: No
State: VT
Street Designation: Street
Zip Code: 05701

Taxes and HOA Information

SPAN Number: 540-170-17637
Tax Year: 2026

Taxes TBD: No

Parking

Garage: Yes
Garage Capacity: 2.00

Driveway: Paved

Virtual Tour

Property Panorama Virtual Tour: https://tour.primemls.com/75-North-Street-Rutland-City-VT-05701/unbranded

Property

Lot Information

Lot Features: City Lot, Corner, Level, Open, Sidewalks, In Town, Near Country Club, Near Golf Course, Near Paths, Neighborhood, Near Public Transport, Near School(s)
Lot Size Acres: 0.25

Road Frontage Length: 188.0
Total Finished Area: 2336.0
Above Grade Finished Area: 2336.0
Above Grade Finished Area Source: Public Records
Above Grade Unfinished Area: 0.0
AboveGradeUnfinishedAreaSource: Public Records
Below Grade Finished Area: 0.0
Below Grade Finished Area Source: Public Records
Below Grade Unfinished Area: 1168.0
BelowGradeUnfinishedAreaSource: Public Records
Lot Size Square Feet: 10890.0
Total Area: 3504.0

Property and Assessments

Property Class: Multi-Family
Property Condition: Existing

Flood Zone: No
PreConstruction: No
Surveyed: Unknown
Year Built: 1900
School District: Rutland City School District
High School: Rutland Senior High School
Middle/Jr School: Rutland Middle School
Elementary School: Rutland Northeast Primary Sch

Utilities

Electric: 100 Amp Service
Sewer: Public

Water Source: Public
Utilities: Cable, Phone
Total Electric Meters: 3
Internet: Cable Internet, Fiber Optic Internet

Interior and Exterior Features

Exterior Features

Construction Materials: Wood Frame
Roof: Shingle

Total Ranges: 3

Interior Features

Basement: Yes
Basement Access Type: Interior

Basement Description: Dirt Floor, Unfinished
Total Full Baths: 3
Heating: Boiler
Cooling: None
Total Refrigerators: 3
Total Stories: 2

Multi Family

Income & Expenses Information

Gross Income: $40,200.00
Net Income: $19,187.00

Operating Expense Incl: Heat, Insurance, Maintenance, Other, Snow Removal, Trash, Water
Operating Expense: $21,415

Multi-Family Information

Total Units: 3
Total 1 BR Units: 2

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

Unit Information

Unit 1

Unit 1 Baths: 1
Unit 1 Bedrooms: 2

Unit 1 Lease Term: Month to Month
Unit 1 Level Number: 1
Unit 1 Rental Amt Freq: Monthly
Unit 1 Status: Month to Month
Unit 1 Rental Amount: $1,200.00
Unit 1 Tenant Pays: Electric, Internet Service

Unit 2

Unit 2 Lease Term: Month to Month
Unit 2 Baths: 1

Unit 2 Status: Month to Month
Unit 2 Level Number: 2
Unit 2 Rental Amt Freq: Monthly
Unit 2 Bedrooms: 1
Unit 2 Rental Amount: $1,000.00
Unit 2 Tenant Pays: Electric

Unit 3

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

Unit 3 Level Number: 2
Unit 3 Rental Amt Freq: Monthly
Unit 3 Status: Month to Month
Unit 3 Bedrooms: 1
Unit 3 Rental Amount: $1,000.00
Unit 3 Tenant Pays: Electric

Property History for 75 North Street

Date	Event & Source	Price	Appreciation
Aug 6, 2026	Listed (Active) New England Real Estate Network #5103767	$280,000	—
Jan 12, 2017	Sold (Public Record) Public Record #587319732	$140,000	—

Date	Event & Source	Price
08/06/2026	Listed (Active) New England Real Estate Network #5103767	$280,000
01/12/2017	Sold (Public Record) Public Record #587319732	$140,000

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

Public Records for 75 North Street

Taxable ValueLand$41,000Additions$96,700Total$137,700

Tax Record2025$2,654 ($221 / month)

Home Facts

Beds0Lot Size10,890 SqFtStyleSingle Family ResidenceCountyRUTLANDAPN(170) 17637

Schools near 75 North 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	0.3 mi
3/10	Rutland Middle School	Public - Serves this home	7 to 8	0.3 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	1.0 mi
NR	Rutland Northwest School	Public - Choice school	PK to 2	0.6 mi
NR	Mountain View Community School	Private - Nearby school	PK to 4	0.8 mi
NR	Sheldon Academy Of Vermont Achievement Center	Private - Nearby school	3 to 12	1.6 mi
NR	Christ The King School	Private - Nearby school	PK to 8	1.1 mi


Rating	School	Distance
4/10	Rutland Intermediate School Public3 to 6 Serves this home	0.3 mi
3/10	Rutland Middle School Public7 to 8 Serves this home	0.3 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	1.0 mi
NR	Rutland Northwest School PublicPK to 2 Choice school	0.6 mi
NR	Mountain View Community School PrivatePK to 4 Nearby school	0.8 mi
NR	Sheldon Academy Of Vermont Achievement Center Private3 to 12 Nearby school	1.6 mi
NR	Christ The King School PrivatePK to 8 Nearby school	1.1 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.

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More information about 75 North Street, Rutland, VT 05701

75 North Street is a multi-family home for sale in Rutland, VT 05701. This property was listed for sale on August 6, 2026 by Real Broker LLC, it's currently listed at $280,000. It has been on the market for a total of 20 days and was last sold on January 12, 2017. This listing's school district is Rutland City School District. Nearby schools include Rutland Intermediate School, Rutland Middle School and Rutland Senior High School. 75 North Street is a 4-bed, 3-bath, 2,336 sqft multi-family home built in 1900.

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 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 08/26/2026 10:44 AM

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