Sold
Last Sold Price
2 beds2 baths2,986 sqft
87 State St, Rutland, VT 05701
Multi FamilyProperty Type
0.21 acresLot Size
1910Year Built
$64/sq ftPrice per sq ft
6 carsParking Spaces

Description

Here is very well maintained multi purpose residential/commercial property. Upstairs there are two updated apartments. Both units have an open concept layout. The front unit has 1 bedroom and the back unit has 1 bedroom with a large walk in closet and a second room that is used as an office. The entire first floor was previously a small restaurant consisting of 50 seats, but is a great location for a business of any kind. The building offers many opportunities, you could purchase it and live above...Here is very well maintained multi purpose residential/commercial property. Upstairs there are two updated apartments. Both units have an open concept layout. The front unit has 1 bedroom and the back unit has 1 bedroom with a large walk in closet and a second room that is used as an office. The entire first floor was previously a small restaurant consisting of 50 seats, but is a great location for a business of any kind. The building offers many opportunities, you could purchase it and live above your business or you could easily change the use of the first floor to an apartment, all that it should need is a shower. There is even enough space to renovate the first floor into 2 apartments if desired.

    Sold By Watson Realty & Associates

    • Listed by: Hughes Group Team • Casella Real Estate
    Listing closed: 10/22/2021 12:00 AM • Source: New England Real Estate Network, MLS#: 4878441

    See It First™ on Compass

    Find homes before they're listed on other real estate sites.

    Start your search

    Location

    Add your commute

    Payment Calculator

    $1,717 per month

    30 year fixed, 7.03% Interest

    Principal and Interest

    $1,014

    Property Taxes

    $703

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

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

    Rocket Mortgage1

    Property Information for 87 State Street

    Property Details
    • Taxes: $8,430 / year
    • MLS Type: Multi Family
    • Parking: Off Street, On-Site, Parking Spaces 6+
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1910
    • Lot Size: 0.21 AC / 9,147 SF
    Summary
    Location and General Information
    • City: Rutland City
    • County: VT-Rutland
    • Directions: North side of State Street west of Grove Street. Next to Ted's Pizza and across from Rutland District Courthouse
    • Latitude: 43.609427231696799
    • Longitude: -72.981528542327879
    • Road Frontage: TBD
    • Seasonal: No
    • State: VT
    • Street Designation: Street
    • Zip: 05701
    Taxes and HOA Information
    • SPAN Number: 540-170-11672
    • Tax - Gross Amount: $8,430.12
    • Tax Year: 2021
    • 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: 2986.0
    • 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: 4186.0
    • Square Feet Apx Total Finished: 2986.0
    • Square Feet Apx Unfinished Above Grade: 0.0
    • Square Feet Apx Unfinished AG Source: Other
    • Square Feet Apx Unfinished Below Grade: 1200.0
    • Square Feet Apx Unfinished BG Source: Public Records
    Property and Assessments
    • Property Class: Multi-Family
    • Flood Zone: No
    • Foundation: Brick, Stone
    • PreConstruction: No
    • Surveyed: Unknown
    • Year Built: 1910
    Utilities
    • Electric: 100 Amp, Circuit Breaker(s)
    • Sewer: Public
    • Utilities: Telephone Available
    Interior and Exterior Features
    Exterior Features
    • Roads: Paved, Public
    • Roof: Shingle - Asphalt
    Interior Features
    • Basement: Yes
    • Basement Access Type: Interior
    • Basement Description: Concrete Floor, Unfinished
    • Heat Fuel: Oil
    • Heating: Baseboard, Hot Water
    • Cooling: Mini Split
    • Total Stories: 2
    Multi Family
    Multi-Family Information
    • Total Units: 3
    • Total 1 BR Units: 2
    • Total 2 BR Units: 0
    • Total 3+ BR Units: 0
    Unit Information
    Unit 1
    • Unit 1 Style: Business
    • Unit 1 Level Number: 1
    Unit 2
    • Unit 2 Style: Residential
    • Unit 2 Baths: 1
    • Unit 2 Level Number: 2
    • Unit 2 Bedrooms: 1
    Unit 3
    • Unit 3 Baths: 1
    • Unit 3 Level Number: 2
    • Unit 3 Style: Residential
    • Unit 3 Bedrooms: 1

    Property History for 87 State Street

    DateEvent & SourcePriceAppreciation
    Oct 22, 2021

    Sold

    New England Real Estate Network #4878441

    $190,000—
    Oct 18, 2021

    Pending

    New England Real Estate Network #4878441

    —
    Aug 30, 2021

    Active Under Contract

    New England Real Estate Network #4878441

    —
    DateEvent & SourcePrice
    10/22/2021

    Sold

    New England Real Estate Network #4878441

    $190,000
    10/18/2021

    Pending

    New England Real Estate Network #4878441

    —
    08/30/2021

    Active Under Contract

    New England Real Estate Network #4878441

    —

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

    Public Records for 87 State Street

    Taxable ValueLand$45,900Additions$139,600Total$185,500
    Tax Record2025$3,575 ($298 / month)
    Home Facts
    Lot Size9,148 SqFtStyleMiscellaneous CommercialCountyRUTLANDAPN(170) 11672

    Schools near 87 State 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.

    Similar 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 10/01/2026 07:24 AM